UK oil giant British Petroleum has plans to make charging an electric car as close as possible to refuelling a regular fossil-fuelled vehicle.
In a recent interview, BP’s head of technology David Eyton said that it wants to provide batteries for electric cars by 2021 that can charge to 100% within just five minutes.
BP, like fellow oil and petrol majors Shell and Caltex, know that in the very least, they must embrace the shift to electric mobility, and as such are making strategic investments to grab a piece of the growing charging infrastructure market.
In the electric vehicle playing field, BP has made two investments in the past 12 months or so with which it hopes to position itself: the purchase of UK charging infrastructure provider BP Chargemaster and an investment in an obscure but promising Israeli lithium-ion battery developer called StoreDot.
