Shell boosts EV charging capabilities by acquiring NewMotion

Lloyd Doyle
October 13, 2017

Royal Dutch Shell has accelerated its drive into the electric auto market with the acquisition of NewMotion, one of Europe's largest electric vehicle charging providers.

Launched Amsterdam in 2009, NewMotion now operates more than 30,000 EV charge points in the Netherlands, Germany, France and the United Kingdom, as well as providing access to a network of more than 50,000 public chargers across 25 European countries, serving more than 100,000 registered users.

"Under the terms of the deal, NewMotion will continue business as usual as a wholly owned subsidiary of Shell", the oil and gas supermajor said in its statement, which did not disclose the price of the acquisition.

Shell's vice president for new fuels, Matthew Tipper, said. Currently, Shell is installing electric vehicle charging points at retail stations in the Netherlands as well as Britain, Norway and the Philippines. It manages over 30,000 EV charging points in Western Europe and also offers access to another 50,000 partner locations.

Shell has previously said it is looking to incorporate charging points in its 1,000 fuel stations across the UK. "You have Allego doing one element and NewMotion doing another which means as a company we are across the electrification space".

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