FreeWire to deliver rapid charging
- BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles (EV)
- BP to trial technology at selected retail sites in the UK and Europe during 2018
- Mobile system will allow flexible deployment of charging facilities while building understanding of fast-evolving market
BP is to trial mobile EV charging in the UK this year, investing $5 million in FreeWire, a US-based manufacturer of mobile electric vehicle rapid charging systems.
It plans to roll out FreeWire’s Mobi Charger at selected BP retail sites in the UK and Europe during 2018.
Tufan Erginbilgic, chief executive of BP Downstream, said: “Mobility is changing and BP is committed to remaining the fuel retailer of choice into the future.
“EV charging will undoubtedly become an important part of our business, but customer demand and the technologies available are still evolving.
“Using FreeWire’s mobile system we can respond very quickly and provide charging facilities at forecourts where we see the greatest demand without needing to make significant investments in today’s fixed technologies and infrastructure.
“The opportunity also to explore options for providing charging services away from our existing retail sites makes FreeWire an ideal partner for BP.”
Arcady Sosinov, CEO of FreeWire Technologies, said: “We applaud BP’s commitment to providing a wide range of charging methods for its global customer base.
“The Mobi Charger can be quickly and cost effectively scaled across vast transportation networks – flexibility that delivers benefits all along the EV charging value chain.”
David Gilmour, vice president of BP Ventures, added: “BP first worked with FreeWire through the RocketSpace Tech Mobility Accelerator, and we believe its mobile fast charging technology will be one of a number of fuelling options that will be needed to address the future of lower carbon mobility.
“We were encouraged by FreeWire’s expertise and their product. We are excited to be making this investment and to continue working with them, testing customer demand for the product and further developing the offering for the fast growing EV supply equipment market.”