British Petroleum and DiDi Chuxing will build an EV charging network in China

3 August 2019, 13:23:06

British Petroleum and DiDi Chuxing will build an EV charging network in ChinaBritish Petroleum and DiDi Chuxing will create a joint venture for the building of an EV charging network in China which is the largest market for electric vehicles. The charging points will be available not only for DiDi users but also for all other EV drivers. The partners also intend to expand the venture into loyalty and convenience offerings and other fleet services in the near future.

DiDi Chuxing is a multi-modal transportation platform, offering users a full range of app-based options, including ride-hailing, automobile solutions sharing, and other services. Its platform already has approximately 550 million users and around 600,000 EVs are running on it in China. Earlier this year, it has joined forces with the Chinese state company Grid as to provide to its users access to 50,000 charging stations.

BP and DiDi are already working on a test site in Guangzhou with ten fast-charging units, ranging from 60-120kW. This site will migrate into the joint venture once live. The venture aims to expand rapidly, with an ambition to quickly become the leading EV charging provider in China.

Tufan Erginbilgic, BP's Downstream chief executive said: "As the world's largest EV market, China offers extraordinary opportunities to develop innovative new businesses at scale and we see this as the perfect partnership for such a fast-evolving environment. The lessons we learn here will help us further expand BP's advanced mobility business worldwide, helping drive the energy transition and develop solutions for a low carbon world."

"Combining BP's global retail capability, EV charging expertise and experience with DiDi’s unrivalled mobility service platform, our partnership will aggregate demand and provide high-quality, fast, reliable and safe charging for DiDi drivers and the public in China. DiDi is already converting to electric vehicles and has a very large user base, so we expect to drive high utilisation of charging assets from Day One."

Cheng Wei, Chairman and CEO of DiDi, said, "We look forward to combining our strengths to create a robust EV charging network for China, promote the growth of the new energy automotive industry, and provide better experience for car owners across the country."

Xiaoping Yang, BP China chairman and president, added: "China offers tremendous growth opportunities for BP. Partnering with DiDi enables BP to actively contribute to China's fast-growing EV charging market with differentiated offers, and also to further expand our business footprint in the country." Source

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