BP invests in EV batteries

BP IS again looking ‘beyond petroleum’ with its BP Ventures subsidiary investing US$20 million in  battery charging company StoreDot, whose new offering claims to charge electric vehicle batteries in five minutes. 

BP invests in EV batteries BP invests in EV batteries BP invests in EV batteries BP invests in EV batteries BP invests in EV batteries

Israeli StoreDot says its battery charger can charge EVs in five minutes

The supermajor's venture capital arm has previously backed other battery and charging companies such as Freewire Technologies.

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