Shell’s Backing Away From Retail, Focusing On EV Charging — Selling 1,000 Fuel Retail Locations

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explains that Shell is going to start backing away from retail fuel stations to better focus on EV charging. As part of this effort, 1,000 fuel retail locations will be sold while more EV charging stations will be installed at the remaining locations the company owns.

To put the announcement into perspective, 1,000 stations is only about 2% of current Shell locations, so this won’t have a big impact on that. It also doesn’t include Shell-branded stations run by other companies that only buy fuel from Shell. It’s also important to note that Shell sees opportunities beyond putting EV charging at gas stations.

But the emphasis on charging in Europe and Asia, where there’s both greater support for EVs and less hare-brained opposition, might mean the U.S. network stays like this for a while. Hopefully they get things into a better position soon so that the company doesn’t earn a bad reputation early on.

 

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