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SHEL Shell Plc

2,902.50
44.00 (1.54%)
Last Updated: 10:03:35
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  44.00 1.54% 2,902.50 2,902.50 2,903.00 2,909.00 2,881.50 2,889.00 1,464,382 10:03:35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.75 188.74B

Shell Aims to Install 50,000 EV Charging Posts in the UK by 2025

01/09/2021 9:28am

Dow Jones News


Shell (LSE:SHEL)
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From May 2021 to May 2024

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By Jaime Llinares Taboada

 

Royal Dutch Shell PLC said Wednesday that it aims to install 50,000 electric vehicle charging posts in the U.K. by the end of 2025.

The Anglo-Dutch oil-and-gas major said its ambition is to have the on-street charging posts installed through ubitricity--an EVs charging company which it acquired in February.

Shell said this move is part of an effort to provide charging to drivers without private parking, and will support U.K. local authorities with a financing offer to install on-street chargers at potentially zero cost.

"More than 60% of households in English cities and urban areas do not have off-street parking--this rises to 68% for people living in social housing," Shell said.

The energy company intends to grow its global network of EV charging points to 500,000 by 2025 from 60,000 currently.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

September 01, 2021 04:13 ET (08:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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