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Browsing the "BP Ventures" Tag

Funding Secured: Lightning Systems Raises $41 Million To Ramp Up Production

December 10th, 2019 | by Kyle Field

Loveland, Colorado-based commercial EV builder Lightning Systems just closed a $41 million round of financing comprised of equity, debt, and working capital line funding from a variety of investors. Lightning Systems plans to use the new funding to scale up production of its electric powertrains for Ford Transits, Ford E-450s, Ford F-59 step vans, Chevrolet Low Cab Forward 6500XD trucks, and Lightning Electric city buses


10 Big EV Charging Stories — #NewsBonanza

January 2nd, 2019 | by Zachary Shahan

The EV charging stories have been building up, so here we go with another #NewsBonanza. Below are 10 notable EV charging stations we couldn't make time for, followed by 16 big EV charging stories we did cover before now


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

May 23rd, 2018 | by Nicolas Zart

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



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