Twitter misses Q1 revenue estimates, posts better than expected user growth

Reuters

Volkswagen, BP CEOs weigh expanding e-car charging alliance to other regions

Europe’s top carmaker Volkswagen and oil major BP are planning to deepen their electric charging partnership and could expand it to other regions and technologies, the CEOs of both companies said on Thursday. The comments reflect increasing efforts by carmakers and energy companies, including utilities and oil firms, to expand charging infrastructure for electric vehicles and tackle the issue of range anxiety that’s still weighing on demand. To tackle the problem, both groups plan to jointly install 8,000 fast-charging spots across Europe by 2024 for battery-powered vehicles in a deal that will see BP putting up mobile chargers produced by VW at its network of petrol stations.