Shell Buys EV Charging Network as It Prepares for the Future

According to Reuters, the Royal Dutch Shell (or just Shell) has already invested a billion dollars toward alternative fuels, and now it is showing us where some of that money is going. The gas station corporation has agreed to acquire a Netherlands-based company called NewMotion that owns around 30,000 electric-vehicle charging points across Western Europe.

Shell says that these will complement the existing roll-out of charging stations of the company. “One is fast charging on the go on the forecourt and the other is a slightly lower rate of charge at the workplace or at home,” said Matthew Tipper, the Vice President of New Fuels. “At this stage there are no plans to integrate the two.”

Meaning, do not expect the NewMotion locations to be a place where you can top off a charge on your way home. While these would not be the first foray of the company into building an EV-ready infrastructure, it shows that the company is planning for a future where petroleum-based fuels would not be as prevalent. For consumers, that should translate to range anxiety (possibly) becoming a thing of the past.