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BP Expands EV Charging Business in U.S. With Amply Power Deal

  • Amply specializes in charging services for fleets of vehicles
  • Deal gives BP ‘ideal opportunity’ to build EV business in U.S.
     
Photographer: Chris Ratcliffe/Bloomberg

BP Plc agreed to acquire Amply Power, a provider of electric-vehicle charging services, in an expansion of its e-mobility business in the U.S.

Electrification is at the center of energy-transition plans for Europe’s oil majors. BP and Royal Dutch Shell Plc have bet on a growing takeup of electric vehicles by investing in charging networks in the U.K. and Germany. Now BP is beefing up its EV offering in America to serve an expanding market there.