The purchase of Chargemaster – the UK’s largest electric vehicle (EV) charging company – by BP for £130mn marked a significant development in the oil major’s entry into the EV space. This is the latest in a series of EV-related acquisitions from BP. This sees it increase its “mobility as a service” capabilities.
In this week’s Chart of the week, we look at the timeline of BP’s ventures into the EV space. As well as this Jacob assesses what its competitors are doing to move into EVs as well.