Shell set to buy EV charging provider NewMotion

News

Shell has signed an agreement to buy NewMotion, one of Europe’s largest electric vehicle charging providers.

NewMotion currently operates more than 30,000 private electric charge points for homes and businesses in the Netherlands, Germany, France, and the UK.

The firm also provides access to a network of over 50,000 public charge points across 25 European countries.

Under the new deal, NewMotion will continue business as usual as a wholly owned subsidiary of Shell.

Both companies will work together to maximise synergies and opportunities on offer.

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.”