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BP Invests $20M in Tech to Charge EVs in 5 Minutes

May 23, 2018 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

BP announced Tuesday it plans to invest $20 million in StoreDot, an Israeli startup that claims to offer 5-minute electric-vehicle charging with a new generation of lithium-ion batteries.

"Ultra-fast charging is at the heart of BP’s electrification strategy," said Tufan Erginbilgic, chief executive of BP downstream, in a statement. "StoreDot’s technology shows real potential for car batteries that can charge in the same time it takes to fill a gas tank."

Julia Pyper

https://www.greentechmedia.com/articles/read/bp-invests-20m-in-tech-to-charge-ev-batteries-in-minutes?utm_source=Daily&utm_medium=email&utm_campaign=GTMDaily#gs.UIl9WCs

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Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.

Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

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