BP

BP teams up with China's Didi Chuxing on electric vehicle charging

Photo: Didi Chuxing/BP

BP and ride-hailing giant Didi Chuxing are partnering on a joint venture to deploy a network of electric vehicle charging stations in China.

Why it matters: The move signals a major expansion of BP’s increasing investments in the electric vehicle charging space, says Axios' Ben Geman. China is the world’s largest EV market, and the partnership's aim to "quickly" become the nation’s leading charging provider is ambitious.

Go deeper: BP moves into China's electric vehicle charging market

Big Oil CEOs to huddle on sidelines of UN climate summit

A illustration of barrels of oil.
Illustration: Rebecca Zisser/Axios

CEOs of the world’s biggest oil companies will face critical questions from environmentalists at an invite-only forum Sept. 23 in New York City, on the sidelines of a major UN climate summit.

Why it matters: The burning of fossil fuels that oil and gas companies produce is a big reason Earth’s temperature is rising, yet their products are also the foundation of the global economy.