30 Jan Shell and Total to install electric car chargers across Europe
Shell (LSE:RDSB) and Total (LSE:TTA) will look to install battery charging points for electric cars at selected petrol stations in Europe, as demand for electric vehicles (EVs) continues to rise.
The Anglo-Dutch oil major is initially looking to install charge points across its home markets in Britain and the Netherlands, before rolling more out across the continent.
France’s Total is also preparing to install electric car charge facilities across its domestic market.
However, Shell and Total are not the first oil majors to provide the service, as Italian major Eni (BIT:ENI) has already installed charge points across its southern and central European outlets.
John Abbott, Shell’s director of downstream business, said: “We are looking at how we can be part of the energy transition. There’s not going to be one solution. Hydrogen, electric vehicles and biofuels will all have their place.”
The instillation of car battery charger points is part of a forward-thinking policy by international oil majors, seeking to establish a smooth transition from petroleum to electric-powered vehicles.
Although John Leech, UK head of automotive for KPMG believes EVs will not become a majority on the road until at least 2030.