BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in...
LONDON - BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn't pay off, company sources said.
"Our EV ambitions have not changed," BP said. The changes at BP Pulse are "a step towards ensuring that we can execute our goals with even greater precision and effectiveness". BP last May also shut down its home EV charging business. The company now focuses mostly on fast charging hubs.
Global Workforce Murray Auchincloss Electric Vehicle Charging Fast Charging Company Sources
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