bp enters U.S. EV charging services market

bp is acquiring AMPLY Power, a three-year-old tech startup that provides a suite of services for electric vehicle fleets.

Why it matters: bp, in Tuesday’s announcement, said the acquisition represents its “first major

Those 500,000 new, federally funded EV chargers will be just the start: providing a “backbone of access and equity,” said Berube, that should serve as a foundation for continued private investment in charging.

“Private sector investment, separate from the federal dollars, will be critical,” Berube said.

If the EV summit is any indication, the private sector is willing and ready to step up. Executives from General Motors, Blink Charging, Volta and Amply Power all revealed new plans and partnerships to accelerate the build-out of a nationwide charging network. 

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