As early as 2025, BP, British Petroleum, predicts that revenue from electric car charging at their service stations will be higher than petrol sales. Therefore, the oil giant has decided to invest around £1.8 billion per year in charging infrastructure and has already acquired several companies in the sector to boost sustainable charging. So writes the British newspaper Coach.
They offer electric car charging through 11,000 charging points globally today. But by 2030, they should be able to offer upwards of 70,000 charging points.
- We are focusing on installing charging stations in China, the UK, Germany and the Netherlands, and we entered the US a number of months ago, a BP spokesperson said, according to the newspaper.
Not alone in investment
However, they are far from alone in the sector in investing in charging infrastructure. Shell, Preem, OKQ8 and Circle K are also following developments in electric vehicles with major sustainable investments.
BP has a long history and was already present in Sweden when car traffic was established, with their yellow-green logo adorning roadsides all over the country. However, they disappeared in 1994 and many of their petrol stations were taken over by Statoil.
