Shell buys Ubitricity

Energy giant Shell has purchased EV charging firm Ubitricity as part of its policy of supporting drivers as they switch to lower-carbon transport. With more than 2,700 public chargers integrated into existing street furniture such as lamp-posts and bollards, Ubitricity is one of the largest EV charger providers in the UK and has a market share of 13%. The acquisition emphasised Shell’s “expansion into the fast-growing on-street EV charging market,” said the Executive VP of Shell Global Mobility István Kapitány. The company already has more than 1000 ultra-fast EV chargers in operation across its 430 UK retail sites.

“Working with local authorities, we want to support the growing number of Shell customers who want to switch to an EV by making it as convenient as possible for them,” he said. “On-street options such as the lamp-post charging offered by Ubitricity will be key for those who live and work in cities or have limited access to off-street parking.”

Source: autocar