Shell has signed an agreement to buy NewMotion, one of Europe’s largest electric vehicle charging providers.
“Today’s announcement is an early step towards ensuring customers can access a range of refuelling choices over the coming decades, as new technologies evolve to co-exist with traditional transport fuels,” Shell’s Vice President for New Fuels, Matthew Tipper, said. “This move provides customers the flexibility to charge their electric vehicles at home, work and on the go. When you add this customer offer to our current roll out of fast charging points on Shell forecourts, we believe we are developing the full raft of charge solutions required to support the future of EVs.”
NewMotion operates more than 30,000 private electric charge points for homes and businesses in the Netherlands, Germany, France and the UK. It also provides access to a network of more than 50,000 public charge points across 25 European countries, serving more than 100,000 registered charge cards.
Under the terms of the deal, NewMotion will continue business as usual as a wholly owned subsidiary of Shell. Both companies will work together to maximise the synergies and opportunities on offer.
NewMotion is the market leader in offering charging solutions for electric vehicles in Europe. The company currently has more than 30,000 private charge points across the Netherlands, Germany, France and the UK. The company also provides access to a network of more than 50,000 public charge points across 25 countries in Europe for more than 100,000 registered charge cards. NewMotion and Shell will utilise the synergies and opportunities that this deal provides to further develop and enhance the leading-edge services and products NewMotion offers existing and future EV drivers. NewMotion has been active in the market since 2009, fulfilling a pioneering role in the industry.
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Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.
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