Shell
Compare Shell…Shell plc operates as an energy and petrochemical company worldwide across integrated gas, upstream, marketing, and chemicals segments.
SectorsCharging
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ShellShell plc operates as an energy and petrochemical company worldwide across integrated gas, upstream, marketing, and chemicals segments.
Leverages Shell's global fuel station footprint to deploy EV charging at scale across Europe and key international markets. Over 54,000 charge points globally, making it one of the largest charging networks operated by a traditional energy company. Targeting 500K+ charge points by 2030 by converting existing gas station infrastructure into EV charging hubs.
Key Milestones
Shell acquires NewMotion (one of Europe's largest EV charging providers, 30,000+ private charge points) for an undisclosed sum - Shell's first deliberate move beyond petroleum into electrons
Acquires Greenlots in the US for an undisclosed sum, marking entry into North American EV charging; Greenlots brings open OCPP/ISO software and an existing public-network operating model
Acquires Ubitricity (UK's largest public charging network with 3,600+ on-street lamppost L2 chargers) for an undisclosed sum; bets on residential street-light AC charging at scale for Londoners without driveways
Rebrands NewMotion + Greenlots as Shell Recharge Solutions globally; consolidates 80,000+ charge points under unified brand to underline Shell's 500K-by-2025 target
Opens UK's first Shell-branded EV charging hub at Fulham Road, London - converts existing petrol station into 9-bay 175 kW ultra-rapid hub powered by 100% renewable electricity
Targets 500,000 charge points globally by 2025 in Powering Progress strategy; sets out a 50x scale plan from then-existing 50K charge points - underwritten by $5B annual low-carbon capex
Acquires Volta-style platform Sprng Energy and adds Recharge to legacy Shell stations; Indian solar-developer acquisition supplies green electrons for Shell's UK + India hubs
Opens UK's largest EV charging hub in Fulham (London) extension - all-EV converted petrol station with 9 ultra-rapid 175 kW stalls, 100% renewable supply, first 'electric forecourt' for major oil
Crosses 54,000 charge points across Europe, US and Asia; 2025 target revised down from 500K to 200K as Shell pulls back charging capex amid lower group ROIC bar
Announces NACS rollout across all US Recharge sites by end of 2026; Greenlots-legacy hardware retrofit kits ordered from ChargePoint Omni Port supply chain
