![bp pulse](https://cdn.winsightmedia.com/platform/files/public/2024-07/background/800x1000/bp-pulse-simon-1800.jpg?VersionId=QVdkpN3TIWTJDpRDvYIQniFpnwKUxNF7)
bp pulse, bp’s global electric vehicle charging business, has entered into a deal to install and operate EV charging stations at 75 shopping, dining and entertainment sites owned by Simon Property Group. The stations will be Gigahubs, bp's EV fast-charging hubs.
- bp is No. 7 on CSP’s 2024 Top 202 ranking of U.S. convenience-store chains by total number of company-owned stores.
In 2023, bp announced plans to invest $1 billion in U.S. EV charging by 2030, with $500 million invested within two to three years.
This deal will deliver more than 900 ultra-fast charging bays that support nearly every make and model of EVs on the market across all locations, with the first locations opening to the public in early 2026.
bp pulse will install chargers at new and existing locations.
“We’re pleased to complete this deal with Simon and expand our ultra-fast charging network footprint in the U.S.,” said Richard Bartlett, CEO of bp pulse. “The Simon portfolio aligns with bp pulse’s strategy to deploy ultra-fast charging across the West Coast, East Coast, Sun Belt and Great Lakes, and we are thrilled to team up with Simon so that EV drivers have a range of retail offerings at their impressive destinations.”
Simon destinations are the latest sites identified for the bp pulse EV charging network in the U.S. The company previously began building out the Gigahub network near airports and major metropolitan areas. It is also installing EV charging across its bp and TravelCenters of America locations, which consist of more than 8,000 retail sites in 46 states and the District of Columbia.
bp Pulse also aims to snatch up Tesla Inc.'s U.S. charging sites and employees after Tesla’s abrupt layoffs and intentions to slow down the growth of its Supercharging network, bp said, according to a Bloomberg report.
Tesla's move threatens charging and EV adoption in North America, where 400,000 ultra-fast chargers are needed to serve 40 million EVs by 2030, according to BloombergNEF. Tesla currently accounts for 74% of all the high-speed chargers in the region, it said.
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