- Xpeng has more than 2,000 charging stations with over 10,000 chargers, while BP Pulse has more than 1,000 charging stations and 23,000 chargers in China.
- Xpeng last week entered into a partnership with Volkswagen to share more than 20,000 charging stations operated by the two, covering 420 cities in China.
Xpeng (NYSE: XPEV) has struck yet another charging network sharing deal, following last week's announcement of a deal with Volkswagen.
The Chinese electric vehicle (EV) maker announced today that it has signed a memorandum of understanding (MOU) with BP Pulse, the EV charging arm of British oil giant BP, to open up their charging networks to each other.
Customers of both companies will be able to access a charging network of more than 30,000 charging terminals widely distributed across 420 cities in China, Xpeng said.
Xpeng and BP Pulse will explore deeper cooperation in a wider range of areas in photovoltaics, energy storage, charging and marketing, according to an announcement.
The two companies will create pilot projects in selected Chinese cities in core economic circles to realize the layout of ultra-fast charging networks in core cities through the sharing of equipment and sites, Xpeng said.
Xpeng's charging network now has more than 2,000 charging stations with over 10,000 charging piles, while BP Pulse has more than 1,000 charging stations with 23,000 charging piles in China, according to the announcement.
In 2025, Xpeng will gradually explore laying out its charging network overseas, with pilots potentially covering Asia, Europe, and Australia, it said.
Xpeng is one of the EV makers that has built its own charging network. On January 6, the company announced that it had entered into a partnership with Volkswagen Group China to build one of the largest super-fast charging networks in China.
Xpeng and Volkswagen operate more than 20,000 charging piles covering 420 cities in China, which will be available to Xpeng and Volkswagen customers, according to an announcement last week.
The partnership with Volkswagen would also extend to the possibility of building co-branded super-fast charging stations in China in the future to further accelerate the expansion of the charging network and improve operational efficiency, Xpeng said.
Volkswagen is one of Xpeng's shareholders, announcing on July 26, 2023, that it planned to invest $700 million in Xpeng and co-develop EVs.
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