Energy

BP deal sends Nasdaq-listed EV charging stock Tritium surging

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The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030.

Chris Ratcliffe | Bloomberg | Getty Images

Tritium and BP have entered into a multi-year contract related to the supply of electric vehicle chargers, in the latest example of how energy majors are looking to cement their position in the burgeoning EV market.

According to a statement issued by Tritium on Monday, the agreement will initially center around an order of “just under 1,000 chargers” for the U.K. and Australian and New Zealand markets.

Australian firm Tritium, which was…



Source cnbc.com

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