Big oil gears up for ‘shift to e-mobility’ with latest EV charging company buyout
As the auto industry moves to fully electric vehicles, big oil companies are looking to keep their share of the wealth. In the latest news, oil giant Shell is buying out EV charging and media company Volta.
Expand Expanding CloseHere’s where Big Oil stands on climate plans – and it’s not good
Major US and European oil and gas companies are failing to meet the bare minimum of their promises to reach net zero by 2050 in order to align with the Paris Agreement, according to a new study released today.
Expand Expanding CloseABB signs global agreement to provide its full portfolio of EV charging technology to Shell
Global technology company ABB announced a global framework agreement with Shell to provide its technology to help the latter grow its EV charging network. This agreement builds upon a collaboration of the two entities that began in 2019 and will include ABB’s Terra 360 fast charger.
Expand Expanding CloseBYD and Shell partner up to expand energy and charging solutions in China and Europe
Chinese EV automaker BYD announced it has found an unlikely partner in Shell to expand and promote a good deal of energy and charging technologies together throughout Europe and China. This includes EV charging network services, integrated home energy solutions, electric vehicle service centers, and more.
Expand Expanding CloseNIO is developing a co-branded network of charging solutions with… Shell?
NIO has officially made a deal with the devil Shell Group. The companies recently announced a strategic cooperation agreement that includes the rolling out of co-branded battery swap stations and EV fast chargers throughout China and Europe, beginning next year.
Interview: Shell Greenlots COO Tannaz Banisadre talks Plug and Charge, bringing 500,000 charging stations online
This week, I got to sit down with Tannaz Banisadre, COO of Greenlots, a company that was acquired by oil and energy behemoth Shell almost two years ago. Obviously, with all that the oil industry has done in the past to sabotage the adoption of EVs, we were skeptical…
Expand Expanding CloseCourt orders Royal Dutch Shell to cut emissions in historic first
A court in the Netherlands today ordered Royal Dutch Shell to cut its carbon emissions by 45% by 2030 from 2019 levels. Previous to the ruling, Shell’s emissions reduction target was 20% by 2030.
It’s the first time activists have taken a major energy company to court to get it to overhaul its climate strategy, and they were successful.
Expand Expanding CloseShell buys Ubitricity, UK’s largest EV charging network
Royal Dutch Shell said today that it is acquiring 100% of Ubitricity, the UK’s largest public electric vehicle charging network. The amount of the acquisition is undisclosed, and the deal is expected to close later in 2021.
But Shell’s true road map to net zero by 2050 won’t become more clear until next month’s strategy update.
Expand Expanding CloseShell will double EV charge stations in Germany, offer carbon-neutral driving
Shell has announced a plan to increase their EV fast-charging presence in Germany, up to 200 total charging points from their currently announced 100.
Shell continues green energy acquisitions with home battery/EV charger company Sonnen
Shell has announced its acquisition of Sonnen, a German company that specializes in home energy storage. Mostly known for its home battery packs, Sonnen also expanded into home EV charging last year. What does it mean for the industry which includes Tesla’s Powerwall?
Following trends, Shell acquires Greenlots, a major EV fast charging infrastructure installer
Today, Shell announced the acquisition of Greenlots, an EV charging solutions company based in Los Angeles.
Greenlots will become a wholly-owned subsidiary of the oil giant’s “Shell New Energies US LLC,” an arm of the company which focuses on finding business opportunities in low-carbon energy sources.
Home battery pack/EV charger company sonnen secures $70 million investment round led by oil giant Shell
sonnen, a Germany-based home battery pack and electric vehicle charger manufacturer, is making some big moves lately and those moves require money.
The company announced today that it secured a €60 million (~$70 million USD) financing round led by oil giant Shell.
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Oil giant Shell accelerates electric vehicle effort with acquisition of network with over 30,000 chargers
Shell has been making a push to expand its services to electric vehicles over the last year. They announced that they would start deploying electric car charging stations in Britain and the Netherlands and we even saw their first Shell-branded charging station last month.
But the oil giant is really accelerating its electric vehicle effort this week with the acquisition of a major charging network.
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Shell to start deploying fast-charging EV stations with Allego at its gas stations
Some oil companies are well aware of the world’s car fleet fast transition to electric vehicles and they are looking to adapt. As electric cars increase in popularity, gas stations will be forcefully downgraded to simple convenience stores and consequently, they will lose a significant revenue stream.
Shell aims to not be left out in this transition by installing electric vehicle chargers at their gas stations.
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