BP and Didi Chuxing (DiDi) formed a new joint venture to build electric vehicle charging infrastructure in China, and plans to later consider delving in other fleet services in the future.
The joint venture will develop charging hubs to provide EV charging services to DiDi's drivers and the public, according to the companies. The partners also intend to expand the venture into loyalty and convenience offerings.
DiDi is a China based, multi-modal transportation platform, that offers users a full range of app-based options, including ride-hailing, automobile solutions sharing, and other services, and has approximately 550 million users and around 600,000 EVs are running on it in China.
"As the world's largest EV market, China offers extraordinary opportunities to develop innovative new businesses at scale and we see this as the perfect partnership for such a fast-evolving environment," said Tufan Erginbilgic, BP's Downstream chief executive.
BP and DiDi have already opened a pilot site in Guangzhou in the Guangdong province, with ten fast-charging units, ranging from 60-120kW, according to BP. This site will migrate into the joint venture once live.