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BP to pay $100 million for Tesla ultra-fast charging hardware

  • BP's electric vehicle charger unit plans to invest $100 million in Tesla ultra-fast chargers for rollout in the US, as part of their $1 billion investment in charging stations by 2030. The chargers will be compatible with Tesla's NACS and CCS connectors, allowing the charging of EV models from various carmakers.
  • The Tesla chargers will be installed in cities like Houston, Phoenix, Los Angeles, Chicago, and Washington, marking a major step towards open-access charging infrastructure in the US. This move supports the industry trend of adopting Tesla's NACS as the standard, potentially overshadowing rival CCS chargers.
  • BP's decision to sell fast-charging hardware demonstrates their expansion plans and commitment to support the growth of electric vehicles in the country. The Tesla chargers will be available as early as 2024, enabling convenient access to EV charging at BP and third-party locations.
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PR Newswire broke the news in United States on Thursday, October 26, 2023.
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