Digital Charging Solutions GmbH Gains bp as Third Shareholder and Partner

  • Even more convenient charging and further expansion of the charging network thanks to new strategic partnership

bp intends to acquire 1/3 of the shared in Digital Charging Solutions GmbH (DCS) and thus become the third shareholder. The strategic investment will mark an important step for the further development of e-mobility and will open up a variety of new opportunities for DCS on its way to becoming a leading global service provider for charging solutions. BMW Group and Daimler Mobility AG will remain joint majority shareholders of DCS. The transaction is subject to regulatory review.

Digital Charging Solutions bp
The transaction is subject to the prior approval of the relevant antitrust authorities.

Today, Digital Charging Solutions GmbH already offers car manufacturers and fleet operators access to 228,000 charge points in 32 countries. Through the new partnership with bp, DCS expects to expand its portfolio to include combined charge and fuel solutions and take reliable access to charging infrastructure to a new level.

CEO of Digital Charging Solutions GmbH, Jörg Reimann, said:

We are very pleased to welcome bp as our third shareholder and partner. With bp as a co-shareholder, we will have the opportunity to gain access to new markets and cooperations and to further expand our network with particularly attractive and user-friendly charging locations. We look forward to adding the retail sites of bp and Aral to our network and being able to jointly create innovative integrated services.

In combination with bp’s mobility expertise as well as its long-term commitment to e-mobility, Digital Charging Solutions GmbH expects to accelerate its own growth strategy, expand its strong market position, and strengthen its role as a key divider of e-mobility. In addition to major benefits for users of the charging services, the cooperation also means a further decisive contribution to the global success of e-mobility.

bp senior vice president, future mobility & solutions, Richard Bartlett, said:

Our aim is to make charging as convenient as refuelling at the pump - fast, reliable and a great customer experience. Joining forces with BMW Group and Daimler Mobility AG in DCS, combined with the expansion of our ultra-fast charging network, will help provide drivers access to convenient charging where they need it. It also gives us access to a much wider customer base, ultimately driving up utilisation rates on our network.

In future, Digital Charging Solutions GmbH will continue to focus on its expertise in the field of digital charging solutions and offer its OEM and fleet customers as well as drivers of EVs the best possible network coverage, functionality and quality throughout Europe and Japan. DCS customers and partners will benefit from an even larger and more varied product portfolio and the expansion into new markets.

The parties have agreed not to disclose the terms of the transaction. The transaction is subject to the prior approval of the relevant antitrust authorities.

This article was originally published by Digital Charging Solutions GmbH.


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