BP Pulse and Simon Property Group declared the signing of an agreement between the companies on Wednesday. The objective is the installation and operation of more than 900 high-speed electric vehicle chargers at 75 sites across the United States.

The companies BP Pulse and Simon Property Group said in a joint statement that the first sites equipped with BP Pulse chargers will be open to the public in early 2026 and will support vehicles from almost all EV manufacturers. This agreement, one of the largest in the field of EV charging for the global oil giant, comes amid a general slowdown in demand for EVs, as high interest rates meant to control inflation have undermined consumer enthusiasm for battery vehicles, which are generally more expensive than their gas-powered counterparts