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bp invests in fleet electrification company FreeWire Technologies

Investment Electric Vehicle Charging announced United States Jan 25, 2025
USD5M
Deal Value
Mobi Charger
Project

bp Ventures invested in FreeWire Technologies, a company that develops battery-integrated electric vehicle charging solutions, to accelerate the adoption of electric vehicles.

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Counterparts (2)

Developer
FreeWire Technologies
company
FreeWire Technologies manufactures and sells battery-integrated electric vehicle (EV) charging stations and energy storage systems. They aim to provide flexible and scalable charging solutions to meet the growing demand for EV infrastructure.
Investor
bp
company · 1 deals
BP is an integrated energy company delivering heat, light, and mobility products and services worldwide. Their strategy involves growing upstream operations, focusing downstream activities, and investing in the energy transition.

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Source Intelligence

KEY DETAILS

BP plans to trial FreeWire's technology at selected retail sites in the UK and Europe during 2018. Quote: BP to trial technology at selected retail sites in the UK and Europe during 2018

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Deal Size
BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles
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Location
FreeWire is a technology company based in the San Francisco Bay Area
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Announcement
Release date: 30 January 2018
PARTIES MENTIONED IN SOURCE
B
BP Ventures investor

"BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles"

F
FreeWire Technologies Inc. developer

"BP today announced that its venturing business has invested $5 million in FreeWire Technologies Inc. (FreeWire), a US-based manufacturer of mobile electric vehicle (EV) rapid charging systems, and plans to roll out FreeWire’s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 25, 2025
Signed
Closed

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Source

www.bp.com
View Full Deal Details

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