Bp to invest in UK battery testing centre
Bp is investing up to £50m in a new electric vehicle battery testing centre and analytical laboratory in the UK.
Planned to open by the end of 2024, the new facilities will be located at bp’s global headquarters for its Castrol business in Berkshire. The site undertakes research and development of fuels, lubricants and EV fluids and aims to become a leading hub for fluid technologies and engineering in Britain.
In a statement, Michelle Jou, CEO Castrol said: “We are committed to supporting the electrification of transport and the take-up of electric vehicles. The growth of EV fluids is a huge opportunity, and we aim to be the market leader in this sector.
“This significant new investment will now allow us to build additional strategic technologies and capabilities to further advance EV fluids for the future. The facilities will also be an amazing showcase to demonstrate our integrated technology expertise to customers as we help drive the transition to EVs.”
The new facilities will help advance the development of leading fluid technologies and engineering for hybrid and fully battery electric vehicles, aiming to bring the industry closer to achieving pivotal moments for mainstream EV adoption.
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