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Deal with bp pulse marks first time Tesla’s ultra-fast chargers will be
purchased for deployment on an independent EV charging network.
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Agreement forms part of bp’s plans to invest up to $1 billion in EV charging
across the US by 2030.
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bp pulse, bp’s EV charging business, has already installed more than 27,000
charge points and aims to roll out more than 100,000 globally by 2030.
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As early as 2024, Tesla chargers will be installed across the bp pulse
network, including at key bp, Amoco, ampm; and Thorntons-branded sites,
TravelCenters of America locations and at bp pulse’s large-scale Gigahub™
charging sites, near airports and in major metropolitan areas across the
US.
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Houston,
TX – October 2023 / NewsmakerAlert: bp
(NYSE: bp) announces a deal in which bp pulse, bp’s EV charging business,
will acquire ultra-fast charging hardware units from Tesla (NASDAQ: TSLA)
for $100 million. The investment will facilitate the expansion of the bp
pulse public network across the US, while also enabling support for EV
fleet customers by deploying chargers at their private depots. The introduction
of Tesla’s chargers to the bp pulse network is the first time the hardware
will be purchased for an independent EV charging network.
The roll-out is planned to
begin in 2024 and locations will include key sites across the bp family
of brands, including TravelCenters of America, Thorntons, ampm; and Amoco,
as well as at bp pulse’s large-scale Gigahub™ charging sites in major metropolitan
areas and at third-party locations, such as Hertz locations, as part of
previously announced collaborations. The first installation sites have
been identified in Houston, Phoenix, Los Angeles, Chicago; and Washington
D.C.
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Tesla’s chargers will also
be deployed at select bp pulse fleet customer depots. By pairing bp pulse’s
industry-leading, intelligent charge management software, Omega, with Tesla’s
fast and reliable chargers, bp pulse gains the distinctive capability to
oversee the entire charging process for EV fleets, providing a comprehensive
solution for its fleet customers.
“Strengthening the bp pulse
network with Tesla’s industry-leading hardware is a major step forward
in our ambitions for high speed, open access charging infrastructure in
the US and advances our ambition to delivering an exceptional customer
experience,” said Richard Bartlett, global CEO of bp pulse. “Combined with
our vast network of convenience and mobility sites on and off the highway,
this collaboration with Tesla will bring fast and reliable charging to
EV drivers when and where they need it.”
The Tesla ultra-fast chargers,
which have an output of 250 kW, will be branded, installed and operated
by bp pulse. The chargers will be fitted with Tesla’s ‘Magic Dock’, which
is compatible with both North American Charging Standard (NACS) and Combined
Charging System (CCS) connectors. This enables EVs from other major vehicle
manufacturers to use the Tesla chargers on the bp pulse’s network, regardless
of whether they use CCS or NACS ports. To further improve user experience,
the Tesla chargers will support use of the Plug and Charge protocol, which
simplifies and automates payments. As is Tesla’s current policy, third-party
operated ultra-fast chargers meeting Tesla’s reliability and functionality
requirements are featured in Tesla’s vehicle UI and apps, and bp pulse
expects to uphold those requirements on its network.
Rebecca Tinucci, Tesla’s
Senior Director of Charging Infrastructure said: “At Tesla, we’re driven
to enable great charging experiences for all EV owners. Selling our fast-charging
hardware is a new step for us, and one we’re looking to expand in support
of our mission to accelerate the world’s transition to sustainable energy.
We appreciate bp’s partnership in this area – it’s the right step towards
a more sustainable future. “
“This is another example
of how bp pulse is collaborating with leaders across the industry, in areas
including real estate, charging technology and automakers, to advance EV
infrastructure growth across the US, and to deliver the fast and reliable
charging experience we know our customers demand.” said Sujay Sharma, CEO
bp pulse Americas. “We remain open and committed to expanding alliances
with EV industry leaders even further and we look forward to welcoming
the growing number of EV drivers across the country to our network.”
In addition to this deal
with Tesla, bp pulse aims to continue deploying additional fast and reliable
charging points at high-demand locations, such as airports, major metropolitan
areas, and bp-owned and properties along Alternative Fueling Corridors.
Furthermore, bp has been awarded grant funds through programs like National
Electric Vehicle Infrastructure (NEVI) and California Energy Commission
(CEC) to provide charging infrastructure at sites in California, Pennsylvania,
Colorado; and Kentucky.
In February
2023, bp announced plans to invest $1 billion in America’s EV charging
infrastructure by 2030 with an aim of investing $500 million in the
next two to three years. Our five transition growth engines -- bioenergy,
convenience, EV charging through our charging business bp pulse, hydrogen,
renewables and power -- made up around 30% of bp’s total investment in
2022, up from around 3% in 2019.
Notes to editors:
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bp pulse is plugging in high-speed
charging points in the right locations to boost consumer confidence in
driving electric.
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Since 2019, we’ve increased
our charge points by 150% worldwide and we are continuing to grow our network
in Germany, China, the UK, Europe, the US, Australia and more.
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Almost all new public charge
points that bp pulse rolls out now are rapid (>50kw) or ultra-fast (>150kw)
– it is what our customers want.
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In the UK, bp pulse is one of
the largest charging point operators.
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In Germany, Aral pulse, is one
of the largest ultrafast charge point operators and has been awarded best
charge point operator in the country following connect’ s 2023 charging
network test (German) - Test winner Aral pulse offers customers the best
charging experience | Press | Home
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In the US, bp pulse also provides
EV charging and energy management to fleets that operate heavy-, medium-
and light-duty vehicles. Key offerings for these fleets include intelligent
charge management software, Omega, and a Charging-as-a-Service solution–allowing
bp pulse to manage the charging of an EV fleet from start to finish, while
optimizing energy costs and vehicle utilization.
For Further Information Contact:
bp Press Office, London:
+44 20 7496 4076
bppress@bp.com
bp US Media Affairs
uspress@bp.com
About bp
bp’s purpose is to reimagine
energy for people and our planet. It has set out an ambition to be a net
zero company by 2050, or sooner and help the world get to net zero, and
a strategy for delivering on that ambition. For more information visit
bp.com.
About bp pulse
bp
pulse is bp’s electric vehicle (EV) charging business. Focused on fast
and reliable charging, bp pulse deploys charging points for EV drivers
and commercial fleets on the go; at destination hubs, at the depot and
bp retail sites.
Around the world bp pulse
is partnering with some of the world’s biggest businesses, while developing
the Gigahub™ network, a series of large EV high-speed charging hubs in
high-demand locations.
Electric vehicle charging
is one of five growth engines of bp’s transformation into an integrated
energy company. The company has already installed more than 27,000 charge
points and aims to expand its network of public EV charging stations to
more than 100,000 worldwide by 2030.
In the US, bp is planning
to invest up to $1 billion in EV charging by 2030
www.bppulse.co.uk
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