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Royal Dutch Shell said on Monday it would buy Britain's largest public electric vehicle charging network
for an undisclosed price.
It is reported that the charging network has deployed more than 2,700 roadside charging piles in the UK, and the transaction is expected to be completed
in the second half of this year.
Industry analysts and car distributors say EV sales will continue to soar
in 2021 as more models of EVs hit the market and governments push to use cleaner energy to meet climate goals.
Shell said in a statement: "This acquisition marks Shell's expansion into the fast-growing EV charging market and will provide key capabilities to help Shell expand its overall EV charging offering
.
”
Royal Dutch Shell aims to achieve a zero-emission energy business
by 2050 or earlier.
Royal Dutch Shell said on Monday it would buy Britain's largest public electric vehicle charging network
for an undisclosed price.
It is reported that the charging network has deployed more than 2,700 roadside charging piles in the UK, and the transaction is expected to be completed
in the second half of this year.
Industry analysts and car distributors say EV sales will continue to soar
in 2021 as more models of EVs hit the market and governments push to use cleaner energy to meet climate goals.
Shell said in a statement: "This acquisition marks Shell's expansion into the fast-growing EV charging market and will provide key capabilities to help Shell expand its overall EV charging offering
.
”
Royal Dutch Shell aims to achieve a zero-emission energy business
by 2050 or earlier.
