Some exciting news for the electric vehicle (EV) market today with the announcement that BP have acquired Chargemaster, one of the major players in the EV charging network in the UK. This follows Shells acquisition of NewMotion, a Dutch based EV charging provider last year.
So it looks like petrol & diesel are on their way out!
It’s been clear for some time that we’re going to have to get used to the fact that we’ll soon be plugging our cars in rather than filling them up. The news today has only highlighted this fact with the oil giants looking to the future.
Exciting times ahead… Who doesn’t like change?
BP has announced that it has agreed to buy Chargemaster, with the oil giant set to acquire the charge point manufacturer and the UK's largest public EV charging network. Having been set up in 2008, Chargemaster runs the POLAR network, plus the Charge Your Car network, which in turn operates the ChargePlace Scotland infrastructure. As such, the company manages more than 6,500 charge points, and was one of the fastest growing rapid networks last year too.