- Ride-hailing firm Didi Chuxing and UK energy giant BP announced on Thursday that they have agreed to form a new joint venture to build electric vehicle charging infrastructure in China, the world’s largest market for electric vehicles.
- Under the deal, the new venture plans to develop a network of EV charging hubs across China as part of a broad effort to better tap opportunities of electrification in the automobile sector.
- The joint venture will develop stand-alone, reliable and high-quality charging hubs to provide EV charging services to Didi’s drivers and the public.