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HAB911

(8,945 posts)
Tue Aug 1, 2017, 11:59 AM Aug 2017

BP in talks with electric carmakers on service station chargers

LONDON (Reuters) - BP is in talks with electric vehicle makers on partnering to offer battery re-charging docks at its global network of fuel service stations as it seeks to benefit from the move away from diesel and petrol cars, Chief Executive Bob Dudley told Reuters on Tuesday.

The expected rapid growth in the use of electric vehicles in the coming decades is threatening oil companies' business model as demand for some road fuels could plateau as early as the late 2020s, according to some oil company estimates.

Looking to take a slice of the growing market, London-based BP is however examining different ways to get involved in the sector.

"We have discussions going on with a lot of the EV manufacturers to have a tie-up with our retail network for charging," Dudley said in an interview.

http://www.reuters.com/article/us-bp-ceo-idUSKBN1AH4HW?utm_campaign=trueAnthem:+Trending+Content&utm_content=5980a32904d30116216d6f28&utm_medium=trueAnthem&utm_source=twitter

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