bp Ventures

Three Firms That Have Surprised Us With Their Plunge Into EV Charging

The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […]

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BluSmart raises $50 million to expand its electric car fleet

BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […]

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Reliance BP Mobility To Build 24 EV Battery Swap Stations

The joint venture of Reliance Industries Ltd. (RIL) and UK’s energy firm BP Plc, Reliance BP Mobility Ltd. (RBML), as a part of its net-zero carbon target, has commenced the infrastructure development at all supply locations and started pilot testing of battery swap stations at over 24 select locations. RIL announced this development to further […]

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StoreDot Appoints Former BP Ventures’ David Gilmour as Chairman

StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces the appointment of London-based Dr. David Gilmour as Executive Chairman. Gilmour is the former Vice President of Business Development at bp and the former Global Head of bp Ventures. He has served on StoreDot’s Board of Directors since 2018. […]

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