BP powers up EV charging roll-out

Questions over company’s ability to differentiate its electrons in a competitive market

BP is gearing up for a rapid expansion of its global charging network over the next decade as it positions its retail fuels business for the transition to electric vehicles (EVs). The company is aiming to install about 25,000 charging stations by 2025, rising to 70,000 by 2030, from around 10,000 points today, according to CEO Bernard Looney. “We hope to add about 500 ultra-fast charging points to our Aral network in Germany by the end of the year,” he says. “I think we will get up to about 30,000 in China by the end of the decade and our focus in the UK is around ultra-fast charging adding about another 1,000-2,000 by the end of the decade here in the UK.” “It is classic chicken-and-e