bp to invest £1 billion in UK EV charging infrastructure
The investment will enable the deployment of more rapid and ultra-fast chargers in key locations.
bp announced new plans to invest £1 billion in electric vehicle charging in the UK, boosting the roll-out of fast charging across the country.
bp pulse, bp’s EV charging business, intends to make the investment over the next 10 years helping to meet the UK’s fast-growing demand for EV charging and support the country’s transition to low carbon transportation for both consumers and fleet vehicles. The company also expects this to support hundreds of new jobs in the UK.
The investment will allow bp pulse to deliver more rapid and ultra-fast chargers in key locations, expand fleet products and services, and launch new home charge digital products and services to enhance the customer experience.
“This £1 billion investment is vital to provide the charging infrastructure the UK needs. This investment allows us to deliver more. More high-speed charging in dedicated hubs and on existing fuel and convenience sites. More home charging services. And crucial enhancements to our digital technology that will make charging fast, easy and reliable,” said Richard Bartlett, senior vice president, bp pulse.
“I am delighted that bp pulse is supporting the transition to cleaner vehicles as we accelerate towards our net-zero ambitions and boost green jobs opportunities right across the UK. Convenient, reliable and affordable charging is key to our green revolution and this investment from bp will make it easier for drivers up and down the country to go electric,” said Transport Secretary Grant Shapps.
The announcement comes as Transport Secretary, Grant Shapps, visited bp pulse’s UK headquarters for network expansion and customer care and operational centre in Milton Keynes, to unveil the government’s EV Infrastructure Strategy.
bp plans that for every £1 it makes in the UK this decade; it plans to spend £2 – including investments to help the UK towards net zero. bp pulse is part of bp’s integrated UK business portfolio, which includes plans to develop up to 5.9GW gross of offshore wind capacity across the Irish Sea and North Sea and plans to produce 1.5GW of low carbon hydrogen in Teesside, 30% of the UK’s 2030 target, from its H2Teesside and HyGreen Teesside projects.
50% of bp pulse’s network worldwide and 30% of its UK network is now made up of rapid or ultra-fast charging.
