Startup Observer.com
  • Home
  • Industries
  • Innovation
  • outsourcing
  • Business
  • Finance
  • Headlines
  • Opinion
  • News
Home Headlines Volkswagen, BP could expand e-car charging alliance to other regions
Headlines

Volkswagen, BP could expand e-car charging alliance to other regions

by jcp April 28, 2022
April 28, 2022
gawdo

By Christoph Steitz

DUESSELDORF, Germany (Reuters) – Europe’s top carmaker Volkswagen and oil major BP plan to deepen their electric charging partnership and could expand it to other regions and technologies, their CEOs said on Thursday.

The comments reflect increasing efforts by carmakers and energy companies, including utilities and oil firms, to expand charging infrastructure for electric vehicles and tackle the issue of range anxiety – or concern about adequate energy storage – that’s still weighing on demand.

To tackle the problem, both groups plan to jointly install 8,000 fast-charging spots across Europe by 2024 for battery-powered vehicles in a deal that will see BP putting up mobile chargers produced by VW at its network of petrol stations.

The mobile fast-chargers will have a capacity of around 150 kilowatts (kW), which can deliver a meaningful charge for a range of around 160 kilometres (100 miles) in just over 10 minutes, making it comparable with the time it takes to refuel.

“There are so many more areas where we are complementary,” Volkswagen CEO Herbert Diess told reporters on the sidelines of an event in Duesseldorf, unveiling the first electric vehicle charging stations of their joint cooperation.

“BP has a very strong network in many places of the world. So it means what we do here we can do in other places as well,” Diess said, adding BP could also be a strong partner in the area of electric truck charging.

The network will be open to other brands, BP CEO Bernard Looney said, a key differentiator to Tesla’s network of superchargers, which has started to open up to rivals but still remains only accessible to Tesla drivers in numerous markets.

“Five hundred and fifty million people live within 20 minutes of a BP site,” Looney said, adding this provided the scale needed to roll out electric chargers on a bigger level.

“The thing that I love about partnerships: we can do coolants together, we can do energy together, electrification, hydrogen … all these things,” he said. “We will do things in 3-4 years together that we didn’t even imagine existed today.”

Volkswagen also has European charging cooperations with Italy’s Enel and Spain’s Iberdrola, with Diess saying there would soon be an update on the latter alliance.

 

(Reporting by Christoph Steitz, Editing by Miranda Murray and Susan Fenton)

www.gawdo.com
Share on FacebookShare on TwitterShare on Linkedin
0 FacebookTwitterPinterestEmail
previous post
How Start-up Firms Impact the Local Economy
next post
Britain delays full post-Brexit import checks until late 2023

You may also like

Russian missiles rain down on Ukraine as West...

June 29, 2022

NATO deal with Turkey greeted with caution and...

June 29, 2022

Doctors, bankers protest ‘impossible situation’ as Sri Lanka...

June 29, 2022
Editorial & Advertiser disclosureEditorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
gawdo.com
https://www.gawdo.com
  • About us
  • Advertising & Terms of Use
  • Contact Us
  • Privacy Policy

@2021 - All Right Reserved.


Back To Top
Startup Observer.com
  • Home
  • Industries
  • Innovation
  • outsourcing
  • Business
  • Finance
  • Headlines
  • Opinion
  • News
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT