BP to Invest in New Battery Research and Development Centre in Britain

EV Batteries BP to Invest in New Battery Research and Development Centre in Britain

2022-08-01 Source: BP

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Global energy company BP unveiled plans to invest around 60 million dollars in a new, state-of-the-art electric vehicle battery testing centre and analytical laboratory in the UK. The company aims to advance development of engineering, battery technology and fluid technology and engineering into new applications.

BP wants to invest up to 22 billion dollars in the UK’s energy system by the end of 2030.(Source: BP / CC BY 3.0) — BP wants to invest up to 22 billion dollars in the UK’s energy system by the end of 2030.
(Source: BP / CC BY 3.0)

With a new investment of 60 million dollars, BP confirms its intention to continue investing in the countries energy transition. Previously, the group announced plans to invest up to 22 billion dollars in the UK’s energy system by the end of 2030

Planned to open by the end of 2024, the new battery R&D centre will be located at the company’s existing global headquarters for its Castrol business in Pangbourne, Berkshire, and will support the technology, engineering and science roles housed there today. The site already undertakes research and development of fuels, lubricants and EV fluids and aims to become a leading hub for fluid technologies and engineering in the UK.

The new facilities are supposed to help advance the development of leading fluid technologies and engineering for hybrid and fully battery electric vehicles, aiming to bring the industry closer to achieving the key tipping points for mainstream electric vehicle (EV) adoption. Castrol ON advanced e-fluids manage temperatures within the battery which enables ultra-fast charging and improves efficiency, which help EVs to go further on a single charge and extend the life of the drivetrain system.

In addition, the advanced e-fluid technologies and engineering can be applied to other industries such as thermal management fluids for data centres where demand is rising exponentially. Most of the world’s Internet Protocol (IP) traffic goes through data centres and since 2010 the number of internet users worldwide has doubled, while global internet traffic has increased 15-fold a trend expected to continue over the next decade.

Castrol intends to use the new facilities to continue to work with car manufacturers and suppliers to co-engineer future battery technology and associated thermal management fluids. It will also look to develop future technologies required to help to enable the ultra-fast charging.

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