Richard Bartlett, the head of BP’s electric vehicle charging business BP Pulse, has left the company weeks after BP announced a dramatic strategic pivot back to oil and gas.
BP has cut its annual EV investment from $5 billion to below $500 million, reduced its global charging footprint from 12 countries to four, and appointed a new CEO with a 23-year ExxonMobil background. The green transition experiment at BP is effectively over.
The exit of Richard Bartlett, who led BP Pulse and also oversaw BP’s European fuels and convenience business, was confirmed quietly by a BP spokesperson.
It came weeks after the company’s capital markets day at which it announced it would reduce annual investment in transitional businesses — including EV charging — to below $500 million, down from a planned $5 billion.
The timing was not coincidental. When a company slashes the budget of a division by 90% and then the head of that division departs, the direction of travel is clear.
Full story BP Pulse Chief Leaves as BP Slashes EV Investment and Pivots Back to Oil and Gas
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