bp took its first major step into electrification in the U.S. on Dec. 7 with the acquisition of AMPLY Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles, according to a news release.
This investment is aligned with bp’s plan to scale-up next generation mobility solutions, providing a convenient network of charging and digital solutions for customers, including drivers and fleet operators. Under the terms of the agreement, AMPLY Power will continue to operate independently as part of bp’s global portfolio of businesses. Financial details of the agreement are not being disclosed.
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