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bp makes $7m investment in electric vehicle charging firm IoTecha

Release date:
22 June 2021
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round. IoTecha’s easy-to-use technology connects EV chargers with the electricity grid using the IoT, optimising the charging process by automating payments and delivering cost and potential energy savings to customers.