Tritium and BP Enter Into Multi-Year Contract
April 18 2022 - 6:00AM
Tritium DCFC Limited (“Tritium” or the “Company”) (Nasdaq: DCFC), a
global developer and manufacturer of direct current (“DC”) fast
chargers for electric vehicles (“EVs”), has entered into a
multi-year contract with bp (NYSE: BP) for the supply of chargers
and related services to support bp’s global EV charging network.
This forms a step change in the strategic nature of the
relationship between both companies, with an initial order for the
UK and Australian & New Zealand markets of just under 1,000
chargers.
“I’m delighted that with this new global
agreement with Tritium, it will help bp pulse deliver its mission
to provide fast, reliable charging for EV drivers and to accelerate
the roll-out of the charging infrastructure needed as the world
transitions to decarbonise road transport,” said Richard Bartlett,
Senior Vice President, bp pulse.
“The electrification of transportation is
entering an incredible era when major companies like bp are
providing critical support to transition the world to cleaner more
reliable transportation,” said Tritium CEO Jane Hunter. “We’re
thrilled to be working with bp to create greater global access to
fast charging in support of their mission to become a net zero
company by 2050 and to be a leader in helping the world get to net
zero emissions.”
About Tritium
Founded in 2001, Tritium (NASDAQ: DCFC; DCFCW) designs and
manufactures proprietary hardware and software to create advanced
and reliable DC fast chargers for electric vehicles. Tritium’s
compact and robust chargers are designed to look great on Main
Street and thrive in harsh conditions, through technology
engineered to be easy to install, own, and use. Tritium is focused
on continuous innovation in support of our customers around the
world.
For more information, visit tritiumcharging.com.
About BP
bp’s purpose is to reimagine energy for people and our planet.
It has set out an ambition to be a net zero company by 2050, or
sooner and help the world get to net zero, and a strategy for
delivering on that ambition. For more information visit bp.com.
Forward Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1996. The Company’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believe,”
“predict,” “potential,” “continue,” “aim” and similar expressions
are intended to identify such forward-looking statements. These
forward-looking statements include, without limitation, the
Company’s expectations, hopes, beliefs, intentions or strategies
for the future. These forward-looking statements involve
significant risks and uncertainties that could cause the actual
results to differ materially from the expected results. You should
carefully consider the risks and uncertainties described in the
documents filed by the Company from time to time with the U.S.
Securities and Exchange Commission. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Most of these factors are
outside the Company’s control and are difficult to predict. The
Company cautions not to place undue reliance upon any
forward-looking statements, including projections, which speak only
as of the date made. The Company does not undertake or accept any
obligation to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
Tritium Media ContactJack
Ulrichmedia@tritium.com.au
Tritium Investors ContactCaldwell BaileyICR,
Inc.TritiumIR@icrinc.com
BP Press Officebppress@bp.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e6dfdd0e-c329-4168-b171-ad243e531860
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