BP makes £5m investment in smart EV charging firm IoTecha
- 24 June 2021
BP has invested $7m (£5m) in smart EV charging firm IoTecha, advancing its plans for public EV charge points.
BP has invested $7m (£5m) in smart EV charging firm IoTecha, advancing its plans for public EV charge points.
bp Chargemaster has partnered with Marks & Spencer (M&S) in a new EV trial to gauge customer use at the latter’s stores.
A trial among BP employees has verified the accuracy of an AI-based range prediction app compared to official manufacturer systems, showing how it could help aid EV adoption.
Israeli tech company StoreDot has verified claims that its ultra-fast charging lithium-ion battery can recharge in five minutes through an inaugural demonstration.
Chargemaster is to become a wholly-owned subsidiary of BP, as the fuel company looks to roll out a network of ultra-fast electric vehicle charging points at its forecourts across the UK.
Global oil demand and CO2 emissions will be higher in 2040 than in 2016, even with a total worldwide ban on all new combustion engine vehicles, according to the 2018 BP Energy
BP sites in the UK and Europe will get electric vehicle rapid chargers from later this year as the oil giant seeks to keep pace with the transition away from petrol and