bp to invest over USD61 million in building new battery R&D facility in the UK

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BP’s EV battery R&D facility is slated to open by the end of CY 2024 and will focus on developing fluid technologies for HEVs and BEVs

London-based British oil and gas company BP plans to invest up to GBP50 million (over USD61 million) in building an electric vehicle battery testing center and analytical laboratory, according to a report published by the news website ELECTRIVE on 1 August 2022.

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