bp boosts EV charging network with $100 million order of Tesla ultra-fast chargers

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Algemeen advies 28/10/2023 09:29
Deal with bp pulse marks first time Tesla’s ultra-fast chargers will be purchased for deployment on an independent EV charging network.
Agreement forms part of bp’s plans to invest up to $1 billion in EV charging across the US by 2030.
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.
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.

Today bp (NYSE: bp) announced 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.
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." see & read more on
https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/news-and-insights/press-releases/bp-boosts-ev-charging-network-with-100-million-dollar-order-of-tesla-ultra-fast-chargers.pdf



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