BP signs $100 Million deal with Tesla for Supercharger charging stations as part of $1 Billion US EV infrastructure investment

Oil giant BP has signed a contract worth $100 million with Tesla for Supercharger charging stations as part of its commitment to invest $1 billion in EV infrastructure in the United States by 2030.

This marks the first time an independent EV charging network provider has purchased Tesla Superchargers. The charging stations will be integrated into BP’s Pulse Network, which currently includes around 27,000 charging points across the country.

The new Supercharger units are scheduled to roll out in 2024 in key cities, including Houston, Phoenix, Los Angeles, Chicago, and Washington, DC. BP aims to have 100,000 charging points installed in the USA by 2030.

Richard Bartlett, CEO of BP Pulse, stated, “Strengthening the BP Pulse network with Tesla’s industry-leading hardware is a major step forward in our ambitions for high-speed, open-access charging infrastructure in the U.S.” The Supercharger units to be provided have an output of 250 kW and will include Tesla’s “Magic Dock,” offering connections for NACS and CCS connectors.

For Tesla, this deal represents a potential new revenue stream. Rebecca Tinucci, Tesla’s Senior Director for Charging Infrastructure, emphasized their commitment to providing exceptional charging experiences for all EV owners. Selling their fast-charging hardware is a new direction for Tesla, and they see it as a way to support their mission of accelerating the world’s transition to sustainable energy.

With many automakers transitioning to NACS (North American Charging Standard), infrastructure companies might opt to buy Superchargers rather than developing their own designs, although pricing will play a crucial role in such decisions.