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Shell Continues Expanding Its EV Charging Footprint


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Excerpt:

"Shell will, more likely than not, have big challenges staying anywhere near its current size as the world transitions to. electric vehicles. But it sure is building a big foothold in the EV charging realm so that it at least has that diversification offshoot to profit off of.

For the past several years, Shell has been buying up EV charging networks, including some very large ones. (See a list of stories below from many of those acquisitions and developments.) The most recent EV charging news from the oil giant is that it’s acquiring evpass, a Swiss EV charging network — the largest in Switzerland.

The network makes up a third of Switzerland’s EV charging stations. It was founded 7 years ago, in 2016, and prior to this Shell acquisition, it was owned by Eaton, FMV (Forces Motrices Valaisannes), and AEW (an energy supplier).

How much does Shell intend to grow its EV charging business? We’re talking millions of EV charging stations. “Shell has a target to operate over 500,000 charging points worldwide by 2025 and 2.5 million by 2030,” the company states."

More in the article:

https://cleantechnica.com/2023/03/17/shell-continues-expanding-its-ev-charging-footprint/

 

RV/Derek
http://www.rvroadie.com Email on the bottom of my website page.
Retired AF 1971-1998


When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius

 

“Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire

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