BP has teamed up with Chinese ride hailing company DiDi to develop plans

Press Release/News

  • News
  • 05 Aug 2019 12:00 AM
    • Share

BP Teams Up With DiDi to Develop China’s EV Charging Network

BP has teamed up with Chinese ride hailing company Didi Chuxing (DiDi) to develop plans for a network of electric vehicle chargers across China, as the British oil giant looks to scale up its low carbon business activities in the world’s largest EV market. The two companies announced late last week plans to form a new joint venture to develop EV hubs across the country, which will offer charging services to both DiDi drivers as well as the general public. DiDi is China’s leading ride-hailing app, boasting around 550 million users of its services which include taxi booking, car sharing, e-bike sharing, car rental and food delivery. Around half of the entire planet’s electric vehicle sales occur in China. By 2030, 80 percent of EV charging in the country is expected to take place at destination, forecourt and fleet hub charge points, according to BP. The two companies have opened a pilot EV charging site in Guangzhou with ten fast-charging units that will migrate into being part of the new joint venture.

Posted by

Business Green

Copyright ©Bursa Malaysia Berhad (30632-P). All rights reserved.