Shell said Monday that it would buy a 100% stake in the Berlin-based startup, without disclosing the price.
The deal, which is subject to regulatory approval, will give Shell ownership of the biggest public EV charging network in Britain with more than 2,700 charge points.
Shell has stations already in place. It will cost them less to install charge points then it would for startups to expand availability. Shell will likely add charge points to their stations and probably convert their stations as the popularity of e-cars grow.
To kybosh it so we stay dependant on fossil fuels just like tobacco companies buying out vape companies
Smart-remove all the competition from gas powered vehicles...
They want to sell you your energy it just will transition away from hydro-carbons
I just keep thinking on those cold days in winter when car batteries don’t work. I’d hate to have an electric car on those days
getting out of the oil business?
Monopoly!