About bp
bp’s purpose is to reimagine energy for people and our planet. It has set out an ambition to be a net zero company by 2050, or sooner and help the world get to net zero, and a strategy for delivering on that ambition. For more information visit bp.com.
About bp pulse
bp pulse is bp’s electric vehicle (EV) charging business. It is one of the leading rapid and ultra-fast public EV charging networks in the UK and operates the largest number of sites with ultra-fast charging in Germany.
bp is backing Britain with plans to invest up to £18 billion in the UK energy system by 2030. This includes up to £1 billion for EV charging infrastructure. This is bp pulse’s seventh charging hub delivered this year – including its second biggest charging hub at Kettering. It plans to roll out hundreds of hubs by 2030 in urban areas, on trunk roads and motorways and at destinations such as restaurants, retail parks and hotels.
About NEC Group
NEC Group is the UK’s leading live events business with over forty-five years of world-class expertise in venue and destination management. Every year, millions come together at five of the UK’s leading business, leisure, and entertainment venues which come under the NEC Group’s portfolio - the National Exhibition Centre (NEC), International Convention Centre (ICC), Vox Conference Venue (Vox), Resorts World Arena and Utilita Arena Birmingham. The five venues offer some of the best-connected real estate in Europe. For more information on NEC Group ESG, please visit necgroup.co.uk/sustainability
About The EV Network
The EV Network (EVN) is a leading EV charging infrastructure company with a mission to deliver a UK wide network of ultra-fast EV charging hubs.
We address the challenges faced by both landlords and charge point operators through our turnkey design, development, construction, and investment solutions.
EVN are a specialist company, offering ‘Infrastructure as a service’ (IaaS). Backed by one of the world’s largest sustainable funds, EVN have raised £400M to invest in property and charging infrastructure. Working in partnership with many blue-chip CPO’s partners to support and speed up the transition to electric.
Further information can be found at www.theevnetwork.com
Notes to Editor:
What is a bp pulse Gigahub™?
Developed and owned by bp pulse, Gigahub™ is a brand name for some of our large electric vehicle (EV) fast-charging hubs. It’s not about number of charge points per site. Nor a focus on the gig-economy specifically, it’s simply a brand for our larger-scale hubs.
The Gigahub™ is designed to meet the needs of the growing EV market by providing fast and convenient charging for drivers on the go. Offering some of the fastest charging speeds available, for example, a bp pulse 150kw charger is capable of charging up to 100 miles of range in around 15 minutes depending on the vehicle, its charge management software, its battery, the weather and driving conditions.
We are future proofing our network to ensure that the latest charging technology we’re putting in the ground today is ready for the EV batteries of the future. In some instances we are putting down 300kW chargers to future proof our sites.
Gigahubs™ are typically located in high-demand areas such as at airports and on motorways. bp pulse has already opened Gigahubs™ in Park Lane, London, at Gatwick Airport, and Kettering.
The number of charge points alone will not realise the global EV transition. Motorists and fleets need reliable, convenient and fast charging in the right locations. That is why bp pulse is investing billions into delivering ultra-fast infrastructure and intends to open hundreds of additional charging hubs by the end of 2030.
Further information:
Further information: bp press office London, jackie.poole@uk.bp.com / +44 7919 217511 or bppress@bp.com; NEC Group Head of PR and Communications, Becky Humphries , +44 121 767 3214 / becky.humphries@necgroup.co.uk; EVN, markb@theevnetwork.com or +44 7825 863857
Cautionary statement:
In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA'), bp is providing the following cautionary statement. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial condition, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. These statements are generally, but not always, identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public reports.
Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.