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BP PLC on Tuesday said it signed a memorandum of understanding for the development of a network of electric vehicle charging stations with Hertz Corp for North America.
The London-based oil & gas firm said that the deal includes the management of Hertz's charging infrastructure by bp pulse. BP Pulse is a supplier of charging infrastructure for electric vehicles.
Further, BP Pulse will customize its Omega software to ensure Hertz's fleet of electric rental cars are recharged between rentals.
Hertz is a car rental company based in Florida. It has a national footprint of locations across North America, BP reported.
‘Working together to deliver charging facilities and design solutions, we believe we can take the EV driving experience to the next level for US customers. And this is just the start for bp pulse in the US,’ BP Chief Executive Bernard Looney commented.
Shares in bp closed up 0.2% at 430.70 pence each on Tuesday morning in London.
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