BP buys $100 million worth of Tesla chargers::Oil and gas company BP has agreed to purchase $100 million worth of electric vehicles from Tesla. This marks the first time Tesla has ever sold chargers to another company, according to an announcement from BP.
Oil companies are anything but stupid and are in it for the long game. BP will eventually become BE.
The Art Of The Long View: by Peter Schwartz is an interesting read.
Indeed. It should be no surprise to anyone that a company owning countless fueling stations would want be able to fuel electric cars. I believe the Tesla charging port was deemed the standard not long ago too so it’s a safe investment if all EV start using it. The real surprise is that other companies aren’t doing the same.
There’s a second open standard as well, primarily in Europe, CCS2, but both are now compatible with each other aside from the actual heads of the plugs, which can be solved with an adapter, no software needed.
You’re right overall though, Tesla’s now-open standard is expected to be the new standard in the US, and CCS2 in Europe, so it’s a very safe investment, because this new standard will be compatible with its competitor, too, with an adapter to use Tesla chargers.
Overall a huge win for electric cars, if the only thing stopping interoperability is a hat, and also a very good investment for any auto company, for the same reason.