bp agreed to join BMW Group and Daimler Mobility AG in their drive to extend and significantly improve electrification, making electric vehicle charging more convenient, simpler and seamless for drivers.
Under their agreement, bp will become a 33.3% partner alongside BMW Group and Daimler Mobility AG in Digital Charging Solutions GmbH (DCS), one of Europe's leading developers of digital charging solutions for automotive manufacturers and vehicle fleet operators. bp's acquisition of the stake in DCS will be subject to regulatory approval. The terms of the transaction are not being disclosed. For further information see the IDTechEx report on Charging Infrastructure for Electric Vehicles and Fleets 2021-2031.
DCS's services are important for the electrification strategies of the automotive industry. The company works with OEMs to integrate its charging solutions into vehicle operating systems. The BMW Group and Daimler Mobility AG operate mobility services under the umbrella of the YOUR NOW Joint Ventures. Digital Charging Solutions GmbH stands behind the CHARGE NOW brand and operates charging services such as "Mercedes me Charge", "BMW Charging" and "MINI Charging". DCS already offers access to 228,000 charging points in 32 countries giving OEMs, fleet customers and EV drivers extensive access to charging infrastructure across Europe.
This collaboration allows additional access to a growing network of chargers across Europe
As part of the agreement, bp's European charging networks will be integrated into the DCS's network as well as fuel and charge for fleet customers, as a first step. Electrification is at the heart of bp's convenience and mobility strategy and the company aims to grow its network of public EV charging points by 2030 to over 70,000 worldwide. They currently have around 8,700 charging points in Europe and it's UK network bp pulse is already the most used EV charging network in the UK1. The company is also rapidly growing its network of ultra-fast chargers and plans to have around 250 ultra-fast chargers operating at bp retail sites in the UK and 500 ultra-fast charging points across its retail sites in Germany by year end. DCS customers will gain access to these additional charging points and bp will gain access to a wider customer base.
Richard Bartlett, bp senior vice president, future mobility & solutions said: "Our aim is to make charging as convenient as refueling at the pump - fast, reliable and a great customer experience. Joining forces with BMW Group and Daimler Mobility AG in DCS, combined with the expansion of our ultra-fast charging network, will help provide drivers access to convenient charging where they need it. It also gives us access to a much wider customer base and will ultimately drive up utilisation rates on our network."
"Together with the BMW Group, we are consistently driving forward the transition to electric mobility. With bp, we are gaining a strategic partner who will help us to further strengthen the customer offering of DCS. bp's large network of retail sites offers ideal conditions for the expansion of charging infrastructure - precisely where customers of electric vehicles need and expect them. We also see great potential in combining tank and charging solutions for the growing customer group of plug-in hybrids. bp's commitment will help DCS accelerate the implementation of its ambitious plans," says Stephan Unger, Chief Financial Officer of Daimler Mobility AG, responsible for Finance and Controlling, Risk Management and Digital Mobility Solutions.
"A sufficient charging infrastructure is key to wider acceptance of electrification. With bp, the BMW Group and Daimler Mobility AG have on board a partner who offers a strong brand and customer focus with an extensive European ultra-fast charging network, as well as retail sites. We strongly support an open and full-coverage charging network, as this is a clear benefit for our customers," adds Rainer Feurer, Senior Vice President of Investments at the BMW Group.
"Our cooperation with bp opens up completely new possibilities for expanding our product portfolio making charging even more comfortable for our customers. We know that combined charging and fueling offers are pivotal for our fleet customers. We look forward to adding bp's retail sites to our network and being able to jointly create innovative integrated services," adds Jörg Reimann, CEO of Digital Charging Solutions GmbH.
Source and top image: Daimler