BP & Didi launch charging joint venture
The British oil company BP announced the establishment of a joint venture for charging infrastructure with the Chinese mobility company Didi Chuxing. The partners are planning to set up a nationwide network of charging stations for electric vehicles in China.
The charging points will be available to both Didi drivers and the public. BP and Didi have already opened a pilot site in Guangzhou with ten fast chargers offering 60 to 120 kW charging capacity. This location was set up by BP and Xiaoju Automobile Solutions (XAS). XAS was spun off from Didi in 2018.
According to the announcement, the partners intend to expand the new company in the near future to include customer loyalty and convenience offerings as well as other fleet services. However, BP and Didi did not name a target for the new charging network.
“As the world’s largest market for electric vehicles, China offers exceptional opportunities for developing innovative new businesses on a large scale and we see this as the perfect partnership for a rapidly evolving environment,” says Tufan Erginbilgic, CEO of BP’s downstream business. BP wants to use the knowledge gained from the project for further applications around the globe.
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