Shell has signed an agreement to buy 100% of ubitricity, a leading European provider of on-street charging for electric vehicles (EVs). The move represents a further step in Shell’s efforts to support drivers as they switch to lower-carbon transport. Subject to regulatory clearance, the deal is expected to be completed later this year.
Once the deal is completed, ubitricity is expected to become a wholly owned subsidiary of Shell.
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Once the deal is completed, ubitricity is expected to become a wholly owned subsidiary of Shell.
Shell agrees to buy ubitricity, a leading provider of on-street charging for electric vehicles (EVs)
Broadening its current range of EV charging solutions, Shell supports the shift to low-carbon transport by offering electric vehicle drivers public on-street charge points integrated into existing street infrastructure.