Why BP Bought $100M Worth of Tesla Charging Hardware

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Normally, when someone talks about Tesla’s Superchargers, it’s assumed that they’ll live at a Tesla station. So far, that assumption has held true, because the company has been too busy building out its own charging network to even consider selling any of the stations. Plus, until recently, Tesla’s charging hardware only worked with Tesla’s cars, so it would have been pointless for anyone else to buy them.

bp pulse, the EV charging business of bp, has announced an exciting deal to acquire ultra-fast charging hardware units from Tesla for a whopping $100 million. This significant investment will not only fuel the expansion of the bp pulse public network across the United States, but will also empower EV fleet customers by deploying chargers at bp’s private depots.

“Strengthening the bp pulse network with Tesla’s industry-leading hardware is a major step forward in our ambitions for high speed, open access charging infrastructure in the US and advances our ambition to delivering an exceptional customer experience,” said Richard Bartlett, global CEO of bp pulse.

“This is another example of how bp pulse is collaborating with leaders across the industry, in areas including real estate, charging technology and automakers, to advance EV infrastructure growth across the US, and to deliver the fast and reliable charging experience we know our customers demand.” Said Sujay Sharma, CEO bp pulse Americas.

 

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