Tags: bp | tesla | charger

BP Looking to Buy Tesla's US Supercharger Sites

BP Looking to Buy Tesla's US Supercharger Sites
(Mike Stewart/AP)

Thursday, 09 May 2024 02:18 PM EDT

BP's electric charging unit is keen on buying Tesla's Supercharging sites in the United States, Bloomberg News reported Thursday.

BP "is aggressively looking to acquire real estate to scale our network, which is a heightened focus following the recent Tesla announcement," the report quoted Sujay Sharma, CEO of bp pulse Americas, as saying in an interview.

Tesla and BP did not immediately respond to Reuters requests for comment.

The development comes days after Tesla CEO Elon Musk abruptly laid off employees who ran the electric vehicle charging business, but said the automaker still plans to expand the Supercharger network at a slower pace for new locations.

BP said in February last year that it planned to invest $1 billion in EV charging stations across the United States by 2030, and in October, placed an order for Tesla's fast chargers worth $100 million.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
BP's electric charging unit is keen on buying Tesla's Supercharging sites in the United States, Bloomberg News reported Thursday.
bp, tesla, charger
142
2024-18-09
Thursday, 09 May 2024 02:18 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved