Bharat Petroleum Corp (BPCL NSE 1.00 %) plans to add 1,000 electric vehicles (EV) charging stations in the ‘short term’ to tap new business opportunities and as a ‘hedge against displacement of auto fuels’, chairman Arun Kumar Singh said.
BPCL operates only 44 EV charging stations currently but a plan to add another 1,000 charging stations means the company wants to be ready should EVs gain in popularity going forward.
The company plans to offer multiple fuelling options at 7,000 petrol pumps, or about a third of its network of 19,000 outlets, to facilitate owners of vehicles powered by gas, electricity, and hydrogen.
