Oct 12, 2017
Shell plugs into electric car charging company
Shell has bought NewMotion, the owner of one of Europe's largest electric car charging networks, to give its alternative fuels efforts a jolt. Part of NewMotion's business is selling home charging points for electric cars, which tend to charge more slowly. NewMotion runs about 30,000 private electric charge points in the Netherlands, Germany, France and the UK. It also provides access to some 50,000 public charge points in 25 countries in Europe for more than 100,000 customers. "We are very pleased to have such a strong investor that fully supports our mission, enabling us to further expand across Europe at a time when the transition to electric vehicles is gathering pace," said NewMotion chief executive Sytse Zuidema. Shell will install the first electric car charging points at some service stations before the end of the year.
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