BP boosts EV charging network with $100 million order of Tesla ultra-fast chargers.
Deal with BP pulse marks first time Tesla’s ultra-fast chargers will be purchased for deployment on an independent EV charging network.
Agreement forms part of BP’s plans to invest up to $1 billion in EV charging across the US by 2030.
BP pulse, BP’s EV charging business, has already installed more than 27,000 charge points and aims to roll out more than 100,000 globally by 2030.
As early as 2024, Tesla chargers will be installed across the BP pulse network, including at key BP, Amoco, ampm; and Thorntons-branded sites, TravelCenters of America locations and at BP pulse’s large-scale Gigahub charging sites, near airports and in major metropolitan areas across the US.
BP announced a deal in which BP pulse, BP’s EV charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. The investment will facilitate the expansion of the BP pulse public network across the US, while also enabling support for EV fleet customers by deploying chargers at their private depots. The introduction of Tesla’s chargers to the BP pulse network is the first time the hardware will be purchased for an independent EV charging network.