bp joins BMW, Daimler Mobility as shareholder of EV charging firm
Globally, bp aims to grow its network of public EV charging points by 2030 to over 70,000 worldwide.
bp has become the third shareholder of Digital Charging Solutions GmbH (DCS) following the successful closing of the M&A transaction. bp gained a 33.3% stake as part of a capital increase. BMW Group and Daimler Mobility AG remain shareholders owning a 33.3% stake each.
All three shareholders of DCS share an ambition to drive electrification forward and pave the way for sustainable mobility, according to the companies. bp is rapidly growing its charging businesses around the world and aims to have over 70,000 public charge points by 2030.
DCS’s services play a major role in the electrification strategies of the automotive industry. The company works with premium and high-volume OEMs to integrate its charging solutions into the vehicles’ operating systems and the OEMs’ digital ecosystems. Digital Charging Solutions GmbH stands behind the CHARGE NOW brand in the YOUR NOW Joint Ventures of BMW Group and Daimler Mobility AG and operates charging services such as “Mercedes me Charge”, “BMW Charging” and “MINI Charging”.
EV drivers will gain access to an additional 9,000 rapid and ultra-fast charging points (more than 150kw) through bp’s European charging network - Aral Pulse in Germany and bp pulse in the UK.
“We are pleased to welcome bp as a strong partner who shares our vision to push electrification. By forming this strategic collaboration with one of the biggest energy companies in the world, we will provide drivers with increasing access to a convenient and seamless charging ecosystem wherever and whenever they need it,” said Gero Götzenberger, Director for Strategy and Digital Mobility Solutions, Daimler Mobility AG.
bp is rapidly growing its network of ultra-fast chargers and plans to have around 250 units operating at bp retail sites in the UK and 500 more across its Aral network in Germany by the end of the year.