BP to open an EV battery testing facility in the UK
Energy giant BP has announced a £50 million (59,5 million euros) investment plan to establish a new electric vehicle (EV) battery testing facility in the UK. The investment includes an analytical laboratory to accelerate electrification goals further.
The new facilities will open in late 2024 at the Pangbourne campus of BP and will assist the R&D processes in developing technologies in hybrid and all-electric vehicles.
Pursuing an ambitious zero-emission goal, BP aims to increase renewable energy output to 50 GW by 2030 and establish collaborations all over Europe to set the foundations of this target.
BP recently announced an £18 billion (21,4 billion euros) investment to boost the UK energy system by 2030, focusing on the North Sea exploration and electrification of assets. BP also partnered with Iberdrola to establish a joint venture to oversee green hydrogen production and install rapid and ultra-fast charging networks in Spain and Portugal.
The latest investment in the UK will promote the development of advanced "e-fluid" technologies. The engineering team at the Pangbourne campus already works on the development of EV fluids and lubricants and fuels.
BP says the investment will enable the company to build additional strategic technologies and capabilities to advance EV fluids for the future further and also accelerate the transition to EVs.
Image courtesy of BP.