Xpeng (NYSE: XPEV) and BP Pulse, the EV charging arm of British oil giant BP, have recently collaborated to share their charging networks. This partnership agreement, reached in January, aims to enhance the charging infrastructure for electric vehicles (EVs) in China and explore potential collaborations overseas.
The first jointly built charging station by Xpeng and BP Pulse was officially opened on June 11 in Guangzhou, where Xpeng is headquartered. This station features 30 charging stations with 50 charging guns, offering a maximum charging power of 480 kW. The companies plan to open three more joint charging stations in Beijing, Guangzhou, and Shenzhen to further expand their network.
In addition to refining their charging network in China based on the experience from the first joint station, Xpeng and BP Pulse are also accelerating the exploration of overseas collaborations. This initiative aims to provide convenient and efficient charging solutions for EV owners globally.
Back in January, Xpeng announced a Memorandum of Understanding (MOU) with BP Pulse, allowing customers of both companies to access a charging network spanning 420 cities in China with over 30,000 charging terminals. The two parties also plan to establish pilot projects in key economic hub cities in China to promote EV adoption and sustainability.
Xpeng is known for operating over 2,270 self-operated charging stations in China, providing 12,200 charging ports. Apart from partnering with BP Pulse, the company also signed an MOU with Volkswagen in January to explore strategic cooperation on a supercharging network in China. This collaboration aims to build one of China’s largest supercharging networks, enhancing the EV charging infrastructure in the country.
Volkswagen’s investment of $700 million in Xpeng in July 2023 further solidifies their partnership and joint efforts in developing EV technology. With these strategic collaborations in place, Xpeng is poised to drive innovation in the EV industry and provide sustainable mobility solutions for consumers worldwide.
