09:37 AM EDT, 04/15/2024 (MT Newswires) -- (Updates with BP's response in the last three paragraphs.)

BP's (BP) electric vehicle charging business, BP Pulse, cut more than 100 jobs in recent months, or over 10% of its worldwide headcount of 900, Reuters reported Monday, citing unnamed company sources.

A BP spokesperson told MT Newswires in an email that the company plans to deploy "thousands" of charging points by next year and anticipates further expansion by 2030.

"Our EV ambitions have not changed. BP Pulse has adjusted its focus, particularly doubling down on four core markets - Germany, China, the UK, and the US," the spokesperson said. "This is a step towards ensuring that we can execute our goals with even greater precision and effectiveness."

The energy giant said there has been no market reduction and it still operates in 10 markets.

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