BP acquires Chargemaster
Discussion
I'm writing this outside a holiday cottage in the Calvados department of Normandy. The village up the road (population <350) has a public 22Kw charging point (mobiSDEC). In Calvados you are no more than 15Km from a charging point, some places it's a lot less.
We need that level of infrastructure as a starting point in Blighty.
Haven't BP installed rapid charging points at some petrol stations (an ideal place to spend 30 minutes).
We need that level of infrastructure as a starting point in Blighty.
Haven't BP installed rapid charging points at some petrol stations (an ideal place to spend 30 minutes).
FlossyThePig said:
Haven't BP installed rapid charging points at some petrol stations (an ideal place to spend 30 minutes).
Are you thinking of Smoov - thats shell I think.But your general point is right, and with them a shift in attitude that you don't need to connect to one every time you see one whether you need it or not.
jjwilde said:
How was Chargemaster in any way worth £120million?! This looks like some of the crazy early internet purchase prices.
6000 locations - thats 20k a site, not sure how many are rapids (a CCS/Chademo kit is meant to be close to 20k on its own) etc plus the installation costs, paperwork, agreements etc are going to add up. Tesla can't roll out quickly because of the wrangling over getting a suitable supply at each location, although they do tend to like quite a big one. Then add in the agreements they have with councils - I think they have the licence for Birmingham/west mids including on street chargers which are exempt from parking fees, so competitive advantage
And no idea how many people pay their £6.95 a month to be a member - I do but then I only need to use a charger in birmingham once a month and I break even, but tthe specific chargers aren't on the app so you have to subscribe
Its a lot of cash but they're not worth buttons.
Its what makes ecotricity seem to sad - they'd got the motorways sewn up but they're unreliable and I'd prefer to walk rather than use one of their chargers I disagree with the way they've operated. .
jjwilde said:
How was Chargemaster in any way worth £120million?! This looks like some of the crazy early internet purchase prices.
I would say chargemaster have the most marketshare and infrastructure. They own polar and also CYC which have quite big "city" contracts (Manchester GMEV is run by CYC)They don't own the majority of their charge points though, they just manage the back end for them. A vast number of their chargers are also broken, some being broken for years...
The only thing worth much as far as I can see is their rapid charger tech... but it's not worth £120million. The whole sale of this company is bizarre. I'd question if £120m was actually handed over.
But if it was well done to them on managing to sell it for that much. Wew lad. Numerous people have said in the past the whole purpose of chargemaster was just to sell it on and it has come true. But this is an off the charts price which has been paid!
The only thing worth much as far as I can see is their rapid charger tech... but it's not worth £120million. The whole sale of this company is bizarre. I'd question if £120m was actually handed over.
But if it was well done to them on managing to sell it for that much. Wew lad. Numerous people have said in the past the whole purpose of chargemaster was just to sell it on and it has come true. But this is an off the charts price which has been paid!
Edited by jjwilde on Thursday 28th June 21:12
Edited by jjwilde on Thursday 28th June 21:14
Heres Johnny said:
And no idea how many people pay their £6.95 a month to be a member - I do but then I only need to use a charger in Birmingham once a month and I break even, but the specific chargers aren't on the app so you have to subscribe.
Its £7.95 with VAT and I pay it.The Holiday Inn Chester Road Castle B is currently Free Vend (rather than 9p + VAT) so its a worthwhile investment for me as I drive by twice a day.
New one at the NEC Holiday Inn Express in case you don't know, although that's chargeable.
Super quick chargers, way better than EcoT's dated ones.
Is BP buying in a good idea?
I see prices going up quickly, anything to protect the sale of Petrol.
Lets hope I'm wrong and it means an expansion of Rapids onto forecourts, they have plenty of cash, well assuming they have finished paying for the small accident they had off the US coast.
I don't see them being able to push prices up a lot. KWh costs should fall as time goes by and most people will charge at home.
You only use public charging in your on the go or if it's cheap. If you are doing hundreds of miles you can easily find a cheaper charge close to where you need it
You only use public charging in your on the go or if it's cheap. If you are doing hundreds of miles you can easily find a cheaper charge close to where you need it
A BP Chargemaster staff member tweeted this earlier
https://twitter.com/au_tom_otive/status/1159028344...
https://twitter.com/au_tom_otive/status/1159028344...
ncbbmw said:
...Is BP buying in a good idea?
I see prices going up quickly, anything to protect the sale of Petrol....
If that was their goal I'm sure it would be cheaper to bribe the government to charge tax on electricity for vehicle use.I see prices going up quickly, anything to protect the sale of Petrol....
As others have said, it makes sense for the fuel companies to buy or team up with the vehicle charging firms to protect the retail side of their business.
Also, what percentage of the oil industry does passenger vehicle petrol/diesel make up? I imagine compared to road and sea freight and industrial (inc electricity generation...) usages it isn't the majority.
Truckosaurus said:
If that was their goal I'm sure it would be cheaper to bribe the government to charge tax on electricity for vehicle use.
As others have said, it makes sense for the fuel companies to buy or team up with the vehicle charging firms to protect the retail side of their business.
Also, what percentage of the oil industry does passenger vehicle petrol/diesel make up? I imagine compared to road and sea freight and industrial (inc electricity generation...) usages it isn't the majority.
Globally road fuel use is about 35% of total oil use, but that includes trucks etc so passenger cars is quite a small proportion.As others have said, it makes sense for the fuel companies to buy or team up with the vehicle charging firms to protect the retail side of their business.
Also, what percentage of the oil industry does passenger vehicle petrol/diesel make up? I imagine compared to road and sea freight and industrial (inc electricity generation...) usages it isn't the majority.
Quick, get to BP SF Malpas NP20 6NF
Free leccy, pushed in quick
https://bpchargemaster.com/bp-chargemaster-install...
New 150kW chargers on free vend for a bit
Free leccy, pushed in quick
https://bpchargemaster.com/bp-chargemaster-install...
New 150kW chargers on free vend for a bit
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