Shell buys NewMotion charging network in first move into electric cars

Shell buys NewMotion charging network in first move into electric cars

Shell just wrote a new chapter in its history by diving into the world of electric vehicle (EV) charging networks. Royal Dutch Shell announced Thursday that it has agreed to purchase NewMotion, a Dutch EV charging company that owns one of Europe’s largest charging networks. Shell did not mention how much the deal was worth. This is the British-Dutch company’s first deal in the electric-vehicle space. Shell already had a program in place to install EV fast-chargers at some of its gas stations, as the market slowly warms to electric vehicles. This program will continue alongside NewMotion’s efforts, which […]