From Nasdaq: 2024-05-10 07:54:00

BP plc is expanding its electric vehicle charging business in the US, with plans to acquire Tesla Supercharger sites. The company will invest $1 billion to install over 3,000 charging points by 2030. BP is focused on talent acquisition and real estate expansion to support its growth strategy and deployment timeline.

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Overall, BP’s acquisition of Tesla Supercharger sites and heavy investment in expanding its charging network showcase its commitment to being a key player in the EV market. The company’s strategic acquisitions, talent recruitment, and technology deployment underscore its readiness to meet the growing demand for EV infrastructure in the US.



Read more at Nasdaq: BP Aims $1B Investment in Tesla Superchargers for U.S. Growth