BP Bets on Electric Vehicle Switch with Chargemaster Buy

June 28th, 2018

Via: Reuters:

BP will buy Britain’s largest electric vehicle charging firm Chargemaster and plans to use its technology to roll out ultra-fast chargers across its 1,200 petrol stations in the country over the next 12 months.

Royal Dutch Shell, Volkswagen and Daimler have all made acquisitions and investments in an effort to tap into rapid growth in electric vehicles, which is being driven by regulation and a move away from fossil fuels.

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