Shanghai, April 19 (Financial Associated Press) -- On Monday (April 18), London time, Australian electric vehicle charging pile company Tritium DCFC Limited (hereinafter referred to as "Tritium") announced on its official website that the company signed a multi-year contract with energy giant BP.
Under this initial order, Tritium will supply nearly 1,000 charging piles and related services to BP's UK, Australian and New Zealand markets to support BP's global ELECTRIC vehicle charging network. Tritium said the contract symbolizes a rise in the strategic partnership between the two companies.
Richard Bartlett, senior vice president of BP Pulse, said in a press release on Monday, "I am delighted to enter into this new global agreement with Tritium that will help BP pulse fulfill its mission to provide fast, reliable charging for electric vehicle drivers and accelerate the rollout of the charging infrastructure needed during the global transition to a decarbonisation road." ”
Jane Hunter, CEO of Tritium, said, "Transportation electrification is entering an incredible era, and large companies like BP are providing critical support for the world's transition to cleaner, more reliable transportation. ”
Hunter said, "We are excited to partner with BP to create more fast-charging lanes around the world in support of their mission to become net zero companies by 2050 and become leaders in helping the world achieve net zero emissions." ”
Although Tritium, founded in 2001, is an Australian company, its DC fast charger business has long been deployed in many countries. Previously, it announced that it would build its first charging pile manufacturing plant in the United States in Lebanon, Tennessee, usa, to produce at least 10,000 DC fast charging piles per year, with a maximum production capacity of 30,000 units.
Tritium was listed on the NASDAQ exchange in January and plans to move some senior management positions to the U.S. The stock closed up more than 12 percent on Monday at $9.56 a share.
The UK government wants to stop selling new diesel and petrol vehicles by 2030, so the demand for charging infrastructure in the country is likely to become increasingly urgent in the coming years.
According to figures released by the British Association of Motor Manufacturers and Traders (SMMT) in early April, the number of new battery electric vehicle registrations in the UK reached 39,315 in March, an increase of 78.7% year-on-year, surpassing the number of registrations for the whole of 2019 and the highest number of EV registrations in the country in a single month on record.