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- May 13, 2024
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BP plans to acquire Tesla Supercharger sites in the United States through its EV charging business unit, BP Pulse
BP plans to acquire Tesla Supercharger sites in the United States through its EV charging business unit, BP Pulse. Here are the details:
1. Investment and Expansion:
- BP Pulse aims to expand its network in the U.S. following Tesla's disbanding of its Supercharger team.
- The British petroleum giant intends to invest up to $1 billion (approximately RM4.75 billion) in EV charging operations across the country by 2030.
- BP Pulse has already installed more than 27,000 charging points, with a target of 100,000 charging points by 2030.
2. Tesla Superchargers Purchase:
- Last year, BP Pulse signed a contract with Tesla to purchase Superchargers for deployment on an independent EV charging network.
- BP placed an order for $100 million worth of Tesla chargers.
- These chargers will be 250 kW DC chargers branded as BP Pulse units and will use the Tesla Magic Dock, compatible with both Tesla's North American Charging Standard (NACS) and Combined Charging System (CCS) connectors
3. Strategic Focus:
- BP is aggressively looking to acquire real estate to scale its network, especially after Tesla's recent announcement.
- The move not only benefits BP but also provides Tesla with a new revenue stream¹.
Exciting times for electric vehicle charging infrastructure!