BP Buys Big into Tesla Ultra-Charging Technology for EVs

The oil company and EV maker have reached a deal for BP to use the carmaker’s charging technology on its own independent charging network

Oil giant BP, which has committed to pumping $1 billion into EV charging infrastructure in the U.S. by 2030, has plunked down $100 million of that for the rights to use Tesla’s ultra-charging technology on its own independent network.

The BP-Tesla deal is the first of its kind in which the EV maker’s NACS technology will be used for an independent chargi…