Didi Chuxing forges joint venture with BP to create electric vehicle infrastructure in China

By Laura Mullan
Chinese technology firm Didi Chuxing has formed a joint venture with BP to build electric vehicle (EV) infrastructure in China. Currently, China stands...

Chinese technology firm Didi Chuxing has formed a joint venture with BP to build electric vehicle (EV) infrastructure in China.

Currently, China stands as one of the largest electric vehicle markets, with around 50% of the world’s Battery Electric Vehicles (BEV).

By teaming up with the British multinational oil and gas company, Didi Chuxing will help to develop a network of EV charging hubs across the country for Didi’s drivers and the public. 

SEE ALSO:

"We look forward to combining our strengths to create a robust EV charging network for China, promote the growth of the new energy automotive industry, and provide better experience for car owners across the country,” said Cheng Wei, Chairman and CEO of Didi Chuxing.  

Didi Chuxing is a leading Chinese transportation platform which has about 550mn users and around 600,000 EVs running on it in China, according to BP.

The partnership will utilise Didi’s mobility service platform and BP’s global retail capability to tap into the growth of the electric vehicle market. 

"As the world's largest EV market, China offers extraordinary opportunities to develop innovative new businesses at scale and we see this as the perfect partnership for such a fast-evolving environment,” Tufan Erginbilgic, BP's Downstream chief executive said.  

“The lessons we learn here will help us further expand BP's advanced mobility business worldwide, helping drive the energy transition and develop solutions for a low carbon world."

Share

Featured Articles

KPMG appoints Global Head of AI to drive AI strategy

KPMG marks next phase in its AI strategy with appointment of Global Head of AI and launch of global framework for design, build and of use of AI solutions

Google unveils Gemini, its largest and most capable AI model

Google says its Gemini AI model is built from the ground up for multimodality — reasoning seamlessly across text, images, video, audio, and code

Technology key to integrating sustainability into strategies

Kyndryl & Microsoft study finds 16% of organisations have integrated sustainability into strategies while most view technology as key to achieving goals

Hitachi Vantara addresses cloud demand with Google Cloud

Cloud Computing

Google delays launch of long-anticipated Gemini AI model

AI & Machine Learning

Atos to deliver critical IT services to UEFA EURO 2024

Digital Transformation