Oil giants doing nothing
Shell launches its first zero-emission electric ferryhttps://electrek.co/2023/04/18/shell-launches-its-first-zero-emission-electric-ferry/Shell has begun deploying EV charging stations to overcome this and establish a new revenue stream, starting with some of its first in 2017.
Later that year, Shell followed up by acquiring New Motion, giving the oil giant instant access to over 30,000 charging ports across Europe.
Shell has continued expanding its EV charging network over the years to include nearly 100,000 ports, with new buyouts and partnerships with big names in the EV industry, including NIO and BYD.
Most recently, Shell acquired Volta, an EV charging and media company with infrastructure deployed around malls, grocery stores, banks, and other retail locations.
Shell aims to operate over 500,000 EV charging ports by 2025 as the world moves to sustainable transportation.
Meanwhile, Shell is also rolling out renewable energy sources, such as the super-hybrid offshore wind farm in the Netherlands with solar, battery storage, and green hydrogen production.
Its latest innovation is another step toward a sustainable future as Shell unveils its first electric ferry in Singapore.