BP head of customers and products Emma Delaney has revealed ahead of its fourth quarter 2021 profit report due in February, that its EV charging division is already well on the way to becoming more profitable than oil sales. BP currently operates EV chargers under the name BP Pulse, and originally had ambitions to grow its network size to 16,000 charge points by 2030. BP now intends to expand its network from 11,000 stations to 70,000 stations by 2030, all of which will be fast chargers capable of reaching speeds of 50-150 kWh.
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