BP acquires Amply Power in the US

BP took its first major step into electrification in the US with the acquisition of Amply Power, an EV charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles.

Richard Bartlett, senior vice president, future mobility and solutions, bp: “As we continue to invest in new forms of infrastructure and technology to serve our global fleet customers, AMPLY Power provides an ideal opportunity to build our EV business in the US. They bring an experienced team, a rapidly expanding customer base and user-friendly digital platform.”

AMPLY Power was founded in 2018 with the aim of making EV adoption easy for fleets. The California-based firm has two offers for fleet operators: fully financed Charging-as-a-Service (CaaS) providing solutions for the charging of customers’ fleets, including the procurement and installation of hardware, software and operational and maintenance costs; and customer-financed Software-as-a-Service (SaaS) for customers who prefer to own their charging infrastructure.

Here Bartlett says: “bp is aiming to speed up electrification in the fast-growing fleet segment, which is key to lowering emissions from the transport sector.”

BP says that by 2030, it aims to nearly double earnings from its global convenience and mobility businesses. The British oil and energy giant plans to grow its global network of EV charging points from what it says is around 11,000 charge points today to more than 70,000.

BP has also been expanding its energy portfolio into clean energy in other ways recently. Last month in China the company acquired a stake in Chinese battery swapping specialist Aulton. Further in Asia as well as in Europe BP also recently signed an MoU with the Italian scooter manufacturer Piaggio to promote electric mobility on two and three wheels in Asia and Europe. Here, the plan is to develop charging stations and swappable batteries, as well as various services related to batteries and vehicles. On the other end of the vehicle size scale, BP is investing in hydrogen technologies for trucks in its home country.

In the UK, the company is already very active in the charging business with bp-pulse.

In March this year we reported that Amply Power will help the Anaheim Transportation Network (ATN) who wants to become California’s first all-electric transit operator. Here Amply will manage the entire charging operation from system design, installation, and maintenance. This 20-year contract includes constructing a 545kW solar canopy that provides 25 per cent of the total expected energy consumption.

bp.com

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