Saturday, January 22, 2022

BP acquires Amply Power

BP took another big step into electrification in the US with the acquisition of Amply Power. Amply Power was founded in 2018 and the Startup is an EV charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles.

“As we continue to invest in new forms of infrastructure and technology to serve our global fleet customers, AMPLY Power provides an ideal opportunity to build our EV business in the US. They bring an experienced team, a rapidly expanding customer base and user-friendly digital platform.”

Richard Bartlett, senior vice president, future mobility and solutions, bp

AMPLY Power was founded in 2018 with the aim of making EV adoption easy for fleets. The California-based Startup has two offers for fleet operators: fully financed Charging-as-a-Service (CAAS) and customer-financed Software-as-a-Service (SaaS) for customers who prefer to own their charging infrastructure.

“bp is aiming to speed up electrification in the fast-growing fleet segment, which is key to lowering emissions from the transport sector.”

Richard Bartlett, senior vice president, future mobility and solutions, bp

BP says that by 2030, it aims to nearly double earnings from its global convenience and mobility businesses. The British oil and energy giant plans to grow its global network of EV charging points from what it says is around 11,000 charge points today to more than 70,000.

BP has also been expanding its energy portfolio into clean energy in other ways recently. Last month in China the company acquired a stake in Chinese battery swapping specialist Aulton. 

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Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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