Tesla And BP Agreed On Ultra-Fast Charging

British Petroleum (BP), the oil and energy giant, announced an agreement with Tesla to purchase ultra-fast charging equipment. The purchase is being made through BP Pulse, its electric vehicle charging division, and is valued at $100 million.

The goal is to expand the BP Pulse charging network across the US in a project that involves a $1-billion investment, of which $500 million are designated for the next three years. Tesla’s 250 kW Ultra-Fast Chargers will be branded BP Pulse and feature Tesla Magic Dock connectors, compatible with the North American Charging Standard (NACS) and the Combined Charging System (CCS). This will also allow electric vehicles from other manufacturers to use these chargers.

By selling its fast-charging technology to third parties, Elon Musk’s company opens up a new business and, at the same time, improves the overall charging network, the strengthening of which represents one of the most important challenges for the future of green mobility.

“We’re driven to enable great charging experiences for all EV owners,” said Rebecca Tinucci, senior director of charging infrastructure at Tesla. “Selling our fast-charging hardware is a new step for us, and one we’re looking to expand in support of our mission to accelerate the world’s transition to sustainable energy.” For now, all this only concerns the United States, but it’s not hard to imagine that by selling its precious and innovative hardware to one company, Tesla will do the same to others, therefore proliferating in a similar way super-fast charging also outside the USA.