BP shuts down low-carbon mobility team focused on hydrogen and LNG for transport
Oil and gas major BP has terminated its low-carbon mobility team, which was focused on developing electric, hydrogen, and other low-emission solutions for vehicles.
According to the Financial Times, a senior BP official claimed the segment was no longer commercially viable, adding that low-carbon mobility projects require a lot of investment and have been progressing slowly.
The decision was announced in an email sent to staff, confirming that BP will be “phasing down and closing” the low-carbon mobility team in its customers & product segment. Nine employees will potentially lose their jobs, according to reports.
... to continue reading you must be subscribed
Subscribe Today
To gain access to this article and all our other content, you will need to subscribe to H2 View.
From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.
