Shell Continues Its Investments in Electric Vehicles

🌀Electric vehicles are becoming increasingly popular in the world, resulting in an increased need for charging stations. Shell, one of the world’s largest oil and gas companies, which closely monitors this demand, announced that it purchased the charging network company Greenlots in 2019.

🆕After nearly four years, Shell announced an agreement to acquire Volta, another charging network company. In the first half of 2023, the acquisition process, which is valued at 169 billion dollars, is expected to be completed.

Volta, a company based in the United States, offers charging services to its users, as well as an advertising economy through the structure of its stations.

You can find the details of the purchase between Shell and Volta from the link below. Happy reading. 💯

Source of news

https://www.autonews.com/mobility-report/shell-acquire-ev-charging-firm-volta-169m 

9 + 7 =

Contact Us

contact@yellowx.co

Follow Us