-
VISIONTRACK SEES GROWING DEMAND FOR VIDEO TELEMATICS - 17 hours ago
-
Energy Predictions for 2023: On-site generation, energy optimisation and a renewed commitment to net-zero are key in 2023 - 2 days ago
-
RESILINC WARNS UK BUSINESSES TO STRENGTHEN SUPPLY CHAINS IN FACE OF CHINA DISRUPTION - 2 days ago
-
Twinco Capital raises $12 million led by Quona Capital to expand its next-gen supply chain finance platform - January 24, 2023
-
How to Protect Your Logistics Business During a Recession - January 23, 2023
-
SKANDI 360° powered by MIXMOVE - January 23, 2023
-
Holmen selects TimberTec, an Iptor company, as its SaaS-based timber ERP partner - January 20, 2023
-
Dynamic New Jungheinrich Partnership Helps Kammac Achieve Industry-Leading Agility - January 19, 2023
-
Selazar announces new 90-day extended payment terms for UK eCommerce retailers - January 19, 2023
-
APPLIED DRIVING ACHIEVES RECORD LEVELS OF GROWTH - January 18, 2023
BP invests in mobile electric vehicle charging to deliver rapid charging at retail sites.
BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles
BP to trial technology at selected retail sites in the UK and Europe during 2018
Mobile system will allow flexible deployment of charging facilities while building understanding of fast-evolving market
BP today announced that its venturing business has invested $5 million in FreeWire Technologies Inc. (FreeWire), a US-based manufacturer of mobile electric vehicle (EV) rapid charging systems, and plans to roll out FreeWire’s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018.
Tufan Erginbilgic, chief executive, BP Downstream, said: “Mobility is changing and BP is committed to remaining the fuel retailer of choice into the future. EV charging will undoubtedly become an important part of our business, but customer demand and the technologies available are still evolving.
“Using FreeWire’s mobile system we can respond very quickly and provide charging facilities at forecourts where we see the greatest demand without needing to make significant investments in today’s fixed technologies and infrastructure. The opportunity also to explore options for providing charging services away from our existing retail sites makes FreeWire an ideal partner for BP.”