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BP said on Thursday it would buy UK-based electric vehicle charging company Chargemaster. as it bets on increasing demand for electric cars.
BP. an oil and gas company. did not provide a deal value but said that BP Chargemaster would operate as a wholly-owned unit and Chargemaster employees would continue at BP Chargemaster.
In February. BP said it expects autonomous electric vehicles to become available in the early 2020s and forecast a 100-fold growth in electric vehicles by 2040.
