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BP buys Chargemaster

11 July 2018 #News #TNB News

Oil company BP has agreed to buy the UK’s largest supplier of EV charging points in a move that will see EV charging appear on petrol station forecourts.

Luton-based Chargemaster operates the UK’s largest public network of EV charging points, with around 6,500 across the country. It designs, builds, sells and maintains EV charging units for a wide range of locations, including home charging.

BP has over 1,200 service stations across the country, and will be looking to integrate fast-charging facilities on its forecourts across the country. These will include new 150kW rapid chargers capable of delivering up to 100 miles of range for EVs in 10 minutes.

“At BP we believe that fast and convenient charging is critical to support the successful adoption of electric vehicles. Combining BP’s and Chargemaster’s complementary expertise, experience and assets is an important step towards offering fast and ultra-fast charging at BP sites across the UK,” said Tufan Erginbilgic, Chief Executive, BP Downstream.

David Martell, Chief Executive of Chargemaster, said: “The acquisition of Chargemaster by BP marks a milestone in the move towards low carbon motoring in the UK. I am truly excited to lead the Chargemaster team into a new era backed by the strength and scale of BP and support the large range of exciting new electric vehicles that are coming to market in the next couple of years.”

BP Chargemaster chargers will start to appear on forecourts over the next 12 months.