Shell to build 500,000 EV chargers by 2025
Royal Dutch Shell is promising to make electric vehicle charging infrastructure a cornerstone of its net-zero emissions strategy, Kallanish learns from a 2021 Strategy Day statement issued 11 February.
As part of a suite of changes that will lead the company to net-zero, Shell intends to boost its network of EV charging stations from about 60,000 currently to 500,000 by 2025.
“We must give our customers the products and services they want and need – products that have the lowest environmental impact. At the same time, we will use our established strengths to build on our competitive portfolio as we make the transition to be a net-zero emissions business in step with society,” says Shell ceo Ben van Beurden. “Whether our customers are motorists, households or businesses, we will use our global scale and trusted brand to grow in markets where demand for cleaner products and services is strongest, delivering more predictable cash flows and generating higher returns.”
Shell believes 2018 represented a peak in its emission levels. It aims to reduce its carbon intensity by 6-8% by 2023, 20% by 2030, and 45% by 2035 - ultimately reaching 100% by 2050 with a 2016 baseline.
Shell also believes its oil production reached a peak in 2019.
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