Brisbane-based electric vehicle charging company Tritium has inked a major deal with global oil major BP to support its shift to electric mobility with the supply of EV chargers and related services.
The multi-year global contract, announced by Tritium over the weekend, will kick off with an initial order for the UK and Australia and New Zealand markets of just under 1,000 of the company’s direct current fast chargers.
BP, which still owns or at least supplies tens of thousands of petrol stations around the globe, is rolling out electric vehicle chargers under the name of BP Pulse, with recently upgraded ambitions to grow its network size to 70,000 fast chargers by 2030.
In January, BP’s head of customers and products Emma Delaney revealed that the company’s EV charging division was on track to make enough money to be entirely self-sufficient by as early as 2025.
For Tritium, which in January started trading on the Nasdaq in the US, the contract with BP marks its second with an oil major in just a few months, following the December 2021 deal with Shell as part of that company’s latest tender for partners to roll out 500,000 EV charge points by 2025 and 2.5 million by 2030.
“The electrification of transportation is entering an incredible era when major companies like bp are providing critical support to transition the world to cleaner more reliable transportation,” said Tritium CEO Jane Hunter in a statement on the new deal.
“We’re thrilled to be working with bp to create greater global access to fast charging in support of their mission to become a net zero company by 2050 and to be a leader in helping the world get to net zero emissions.”
Richard Bartlett, senior vice president of bp pulse said the new global agreement with Tritium would help deliver its mission to provide fast, reliable charging for EV drivers and to accelerate the roll-out of the infrastructure required to decarbonise road transport.
Tritium has been going from strength to strength as the shift to electric mobility gains momentum around the world, including a December 2021 order for 400 fast chargers from EVCS, one of the largest fast-charging networks on the United States’ West Coast, in addition to 100 chargers already ordered.
The company booked record orders of approximately $US55 million for the three months ending September 30, and pushed its order backlog to approximately $US78 million – an increase of 333% over the backlog from December 31, 2020.
Tritium was also named “Chargepoint Manufacturer of the Year” by the Electric Vehicle Innovation & Excellence (EVIE) awards in the UK in October, and opened a new “world-class” EV charger testing facility at its Brisbane headquarters that will accelerate testing, prototyping, compliance, and certification of its equipment.
Keyword: Tritium signs major new deal to supply EV fast chargers to BP