BP (British Petroleum)

BP Keeps Painting Its Face Greener

I had to smile at the news of BP getting more into e-mobility because I remember being selected for a BP panel years ago when the company decided to “become green.” It basically painted its logo green, in perfectly logical corporate fashion. A decade later, BP Downstream has acquired UK electric vehicle (EV) charging station network Chargemaster. But this acquisition hasn’t been BP’s only EV move in recent months. 

BP Gets Greener & Invests In Ultra-Fast Charging Company StoreDot

BP Ventures invests $20 million into an ultra-fast-charging battery developer called StoreDot that targets a battery for electric vehicles that charges in just 5 minutes. The goal is to commercialize a flash battery for mobile communication devices as early as 2019 followed by an EV battery. Who said petroleum companies were sitting on a goldmine and not taking advantage of it?