Shell intends to deploy 50,000 on-street electric vehicle charging stations by 2025

Electric vehicles Energy

Shell has announced plans to deploy 50,000 electric vehicle charging stations that are on-street in the United Kingdom within the next 4 years, aiming to offer a third of network required to meet national climate change goals. Earlier this year, this energy firm purchased ubitricity, a prominent provider of on-street electric vehicle charging points for local governments, with a system of 3,600 chargers in the lamp posts and bollards.

The government’s plan to phase out the fossil fuel cars in favour of electric vehicles has been hampered by a lack of on-street charging stations in urban regions. From 2030, the sale of the new diesel and petrol cars in the United Kingdom will be prohibited. Shell will tempt local governments by promising to reimburse the upfront installation costs not enclosed by government funding, on commercial terms. Currently, the government’s Office for Zero-Emission Vehicles covers 75% of the installation costs.

As per National Audit Office research on decreasing carbon emissions from automobiles, more than 60% of metropolitan households in England lack off-street parking, with percentage climbing to 68 percent for social housing. “It’s critical to accelerating the rate of EV charger installation all across the UK, and our goal and finance offer is meant to assist achieve that,” said David Bunch, Shell’s UK chair. We want to make EV charging options available to drivers across the United Kingdom so that more people may switch to electric vehicles.”

The news, according to Rachel Maclean, Transport Minister is “a great illustration of how private capital is being utilized alongside government assistance to guarantee that the EV network is fit for the future.” In June, the UK Committee on Climate Change presented a progress report to parliament, recommending that by 2025, the UK have 150,000 public charge stations in operation, ensuring that they are widely available nationwide.

Shell wants to increase the number of charge stations in the world from 60,000 currently to roughly 500,000 by 2025, including those on gas station forecourts as well as commercial properties. After acquiring Chargemaster in 2018, BP had already stolen a march in United Kingdom EV charging market. The oil firm, which has been a frequent target of climate activists in recent years, has promised to invest extensively in greener industries and achieve net-zero emissions by 2050. Extinction Rebellion demonstrators occupied the Science Museum situated in London this week in protest of Shell’s financing of an exhibition of greenhouse gas.

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