BP on the Startup Autobahn
Oil major BP has come onboard the Startup Autobahn tech mobility accelerator launched by Daimler, Plug And Play and the University of Stuttgart. The company says it is looking to support cross-industry innovation and accelerate the development of new advanced mobility technologies and business models.
The UK-based giant’s BP Ventures unit has already made investments in Freewire Technologies, a UK manufacturer of mobile rapid-charging systems for EVs, and in StoreDot, an ultra-fast battery charging outfit, among others.
Startup Autobahn is looking to “unite global young tech companies with the unrivalled tech expertise of Silicon Valley and the best of German engineering’.