BP became the third shareholder of Digital Charging Solutions after a successful M & A transaction. BP acquired a 33.3% stake as part of the capital increase. The BMW Group and Daimler Mobility continue to be shareholders with a 33.3% stake in each.
BP is growing its charging business rapidly around the world, aiming to have more than 70,000 public charging points by 2030.
DCS works with premium and high volume OEMs to integrate charging products into the vehicle operating system and OEM digital ecosystem. DCS is a YourNow joint venture between BMW and Daimler Mobility behind the ChargeNow brand and operates charging services such as Mercedes me Charge, “BMW Charging” and “Mini Charging”.
DCS already provides access to charging infrastructure covering 85% in 29 European countries.
Upon successful transaction, EV drivers will be able to access an additional 9,000 high-speed and ultra-fast charging points via BP’s European charging network, Aral Pulse in Germany and BPpulse in the United Kingdom. Both BP and DCS provide access to advanced charging services such as plug-and-charge. This enables a seamless charging experience and reduces the need for apps and charging cards. It was first available on the German Aral Pulse ultra-fast charger from the first quarter of 2022.
BP currently has the third share of the charging network with BMW and Daimler
Source link BP currently has the third share of the charging network with BMW and Daimler