Shell will implement the plans through Ubitricity, an
on-street charging point company that it acquired in February which operates
around 3,600 chargers in Britain.
The expansion is part of a government-backed push to rapidly
grow Britain's electric vehicle (EV) fleet in line with a target to reduce
carbon emissions to net zero by 2050. Britain also plans to ban the sale of new
petrol and diesel cars by 2030.
According to a recent government report, between 280,000 and
480,000 charging points will be needed in Britain by 2030, compared with
today's 25,000 spots.
To support its charging point expansion in Britain, Shell
plans to help local authorities finance their installation.
The Anglo-Dutch company, which did not provide details on
the cost of the initiative, will make money through selling its power at the
charging points.
Shell aims to grow its global network of electric vehicle
charging points from over 60,000 points today to 500,000 in 2025 as part of its
strategy to become a net zero emissions company by mid-century. © Reuters
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