Royal Dutch Shell to expand EV charging network

Royal Dutch Shell has announced its plans to expand its network of electric vehicle charging points in Britain. They are aiming to install 50,000 on-street posts, and that too by 2025. Shell will implement their plans through ubitricity, which is an on-street charging point company. Ubitricity is operating around 3,600 chargers in Britain.

According to a recent government report between 280,000 and 480,000 charging points will be needed in Britain by 2030, when compared with today’s 25,000 spots. This expansion is a part of a government-backed push to rapidly grow Britain’s electric vehicle (EV) fleet. To reduce carbon emissions to net zero by 2050, is their major target. Britain is also planning to ban the sale of new petrol and diesel cars by 2030.

Shell is an Anglo-Dutch company, that makes money through selling its power at the charging points. They plan to help local authorities finance their installation, so that they can expand in Britain. Shell aims to grow its global network of electric vehicle charging points from over 60,000 points today to 500,000 in 2025. This is as a part of its strategy to become a net zero emissions company by mid-century.