Volkswagen and BP have announced a new partnership to help expand EV charging in Europe over the course of the next two years. The partnership will see the companies rolling out 4,000 charging stations across the UK and Germany with a plan to launch additional stations that could amass to a total of 8,000 by 2024 in Europe. The charging stations will make use of battery-based technologies to allow for rapid rollout that doesn't require access to high-power grids.
The EV charging partnership between Volkswagen and BP will see drivers able to access 150kW of fast charge power, which is rated for up to 160-kilometers of range in just 10-minutes, depending on the vehicle model. Drivers will also be able to enjoy safe, well-lit stations as they power up their ride.
What's Driving This Trend
- EV Charging Network Expansion
- Partnerships between automakers and energy companies to roll out thousands of new EV charging stations throughout Europe, with potential for further expansion.
- Battery-based Charging Technologies
- Development and use of innovative battery tech to rapidly expand EV charging networks without relying on high-power grids.
- Fast-charge Capabilities
- Implementation of fast-charge capabilities at new EV charging stations to enable up to 160-kilometers of driving range in just 10 minutes.
Who This Affects Most
- Automotive Industry
- Opportunities for automakers to partner with energy companies to expand and improve EV charging networks for customers.
- Energy Industry
- Opportunities for energy companies to partner with automakers to provide charging infrastructure and battery-based charging technologies for EVs.
- Battery Technology Industry
- Opportunities for battery technology companies to innovate and develop new solutions for fast-charging EVs and expanding charging networks without high-power grids.
