Shell

Shell

Shell has begun to equip its gas stations with fast chargers in UK this month - albeit at a not-so-fast pace. In total, 10 stations are to be EV ready by the end of this year.

2018 Nissan LEAF - CHAdeMO charging inlet

2018 Nissan LEAF - CHAdeMO charging inlet

We don't know what type of charging points Shell will offer, and for what price it will offer the service, but it's fairly obvious that those stations will be fast charging locations with both the plugs (CHAdeMO and CCS Combo).

The company hopes that 20% of its fuel margins will come from non-petroleum vehicles in the future - although we are pretty sure that DC fast charging doesn't have anywhere near that kind of potential for Shell...unless of course ~90% of the vehicles on the road are electric.

"Royal Dutch Shell Plc wants 20 percent of fuel margins from its retail forecourts to come from vehicles that don’t burn diesel or gasoline, as the company anticipates an accelerating transition to clean energy over the coming decade."

Earlier this year Shell become one of the core members of CharIN e. V. (aka the Charging Interface Initiative e. V.) as well as installed its first hydrogen refueling station in UK.

Somewhat surprisingly Shell is already actively moving away from gas as its 'bread & butter', as the company targets that, by 2025, half of its retail income to come from sales of items such as sandwiches and coffee.  We suppose if people are hanging out waiting on a charge for their EVs, that sandwich and coffee business should only go higher.

source: Bloomberg