Dutch energy company Shell has agreed to buy NewMotion as it continues to advance in the race for total energy supply domination.
Oil companies have begun to realise that the future for fossil fuelled transport is beginning to look quite dark and they have now begun to look for new alternatives. Shell is just one of few oil companies that have renamed themselves as energy providers and not just oil based companies. With all the big cities now pushing for a ban on fossil fuelled cars, shell had no choice but to join in on the movement and is now investing in electric vehicle charging. The new deal will see them own one of Europes largest electric charging providers with NewMotion providing over 50,000 public charging points around Europe. They also provide more than 30,000 private charging points.
NewMotion will still continue to supply the same charging service but will now be a subsidiary of Shell.