In a groundbreaking development, Tesla, the pioneering electric vehicle (EV) manufacturer, has secured a $100 million deal with BP, the multinational oil and gas giant. The agreement outlines the acquisition of Tesla’s ultra-fast charging units, a game-changing initiative that will reshape the landscape of public EV charging infrastructure across the United States.
Tesla CEO, Elon Musk has been aggressively sharing the Tesla charging connector with other Electric Vehicle companies. This latest move will expand the fast-charging technology to a third party.
This latest collaboration with BP represents a significant milestone in expanding fast-charging capabilities to third-party entities, marking a substantial stride toward enhanced EV accessibility.
BP, a globally recognized oil and gas conglomerate headquartered in London, England, stands as one of the foremost “supermajors” in the energy industry and one of the largest corporations worldwide.