BP Teams With M&S To Expand Its EV Charging Network

·1 分鐘文章
  • Petroleum giant BP plc's (NYSE: BP) electric vehicle charging business, bp pulse, has signed an agreement with retail giant Marks & Spencer Group Plc (OTC: MAKSF) (OTC: MAKSY).

  • Under the agreement, the parties will work together to install an initial 900 electric vehicle charge points in around 70 of M&S' national stores in the next two years.

  • The installation is anticipated to expand bp pulse's network, growing the U.K.'s charging network and adding up to 40,000 kWhs of charging capacity to the U.K.'s EV infrastructure.

  • In order to provide the appropriate speed for each need, a combination of ultra-fast (≥150kW) and rapid (≥50kW) charge points will be installed during the roll-out.

  • BP and M&S first teamed up in 2005 to introduce M&S Food stores at bp retail sites.

  • BP said it is backing Britain with plans to invest up to £18 billion in the UK energy system by 2030.

  • Price Action: BP shares are trading higher by 1.98% at $34.58 in premarket on the last check Thursday.

  • Photo Via Company

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.