News
Turning Crisis into Strategy: Contracts, projects and disputes at a global chokepoint
Hogan Lovells advises DCS on investment by bp
Press releases
| 13
April
2021
Led by its Munich partner Nikolas Zirngibl, Hogan Lovells advised Digital Charging Solutions GmbH (DCS) on the addition of British energy company bp as a third shareholder. The participation of bp in DCS is subject to the approval of the relevant authorities.
Under the terms of the agreement, bp joins BMW Group and Daimler Mobility AG as a 33.3 percent shareholder in Digital Charging Solutions GmbH (DCS), one of Europe's leading developers of digital charging solutions for automakers and fleet operators. DCS's charging solutions support the transition to electromobility in the automotive industry. The company works with automotive manufacturers and integrates its charging solutions into the vehicles' operating systems.
The partnership with bp will enable DCS to add combined charging and refueling solutions to its portfolio and further expand access to the charging infrastructure. Already today, DCS's charging network comprises over 228,000 charging points in 32 countries.
Hogan Lovells Team for Digital Charging Solutions GmbH
Dr. Nikolas Zirngibl (Partner), Andreas Thun (Counsel), Dominik Lang, Martin Schunke (Associates) (all Corporate/M&A, Munich)
Dr. Falk Loose (Counsel, Tax, Munich)