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Friday, February 24, 2023

bp Plans To Invest $1 Billion In EV Fast Charging Across US By 2030, Helping To Meet Demand From Hertz’s Expanding EV Rentals

bp took another step toward delivering on its transformation to an integrated energy company today by announcing plans to invest $1 billion by 2030 into electric vehicle (EV) charge points across the United States. A cornerstone of the investment includes Hertz and bp announcing an intention to bring fast charging infrastructure to Hertz locations in major cities, such as Atlanta, Austin, Boston, Chicago, Denver, Houston, Miami, New York City, Orlando, Phoenix, San Francisco and Washington, DC.

A number of the fast-charging installations will include gigahubs locations. These are large-scale fast charging hubs, such as one location previously announced by bp and Hertz at Los Angeles International Airport (LAX). The hubs will serve rideshare and taxi drivers, car rental customers and the general public at high-demand locations, such as airports. The buildout will be informed by telematics from Hertz’s fleet of connected cars.

“This is about more, faster. We’re bringing more, fast-charging options to more Americans for faster EV adoption,” said Dave Lawler, chairman and president of bp America. “Working alongside Hertz, we’re excited to drive the future of mobility.”