bp to invest $1 billion on EV charging across the U.S. by 2030
The mobility company has announced alongside Hertz the intention to bring fast-charging to more than a dozen cities throughout the country.
bp has announced plans to invest $1 billion by 2030 into electric vehicle charge points across the United States. A cornerstone of the investment includes its intention alongside Hertz to bring fast charging infrastructure to major cities in the country.
A number of the fast-charging installations will include gigahubs locations. These are large-scale fast charging hubs, such as one location previously announced by bp and Hertz at Los Angeles International Airport. These sites will serve rideshare and taxi drivers, car rental customers and the general public at high-demand locations, such as airports.
EV charging is one of the company’s five strategic transition growth engines in which it expects to significantly grow investment through this decade. The other transition growth engines include bioenergy, hydrogen, convenience and renewables & power.
“This is about more, faster. We’re bringing more, fast-charging options to more Americans for faster EV adoption. Working alongside Hertz, we’re excited to drive the future of mobility,” said Dave Lawler, Chairman and President of bp America
bp aims at enhancing its ability to offer lower carbon transport solutions for customers by expanding EV charging and strategic convenience sites. Today bp has 22,000 EV charge points worldwide and has a goal of establishing more than 100,000 by 2030.
