Oil company Royal Dutch Shell on Wednesday plans to install 50,000 electric vehicle charging stations on the streets of the UK by the end of 2025 through its subsidiary Ubitricity.
The Anglo-Dutch team “wants to offer more opportunities for millions of British drivers who do not have private parking space to charge electric vehicles and help local authorities speed up their charging network”.
Shell says about 3,600 Ubitricity charging stations – purchased in February – are currently available in the UK.
The UK government, through the Office of Zero Emission Vehicles (OZEV), is currently funding up to 75% of these street charging stations and Shell says it is “ready to cover the remaining costs”.
The panel notes that 60% of homes in the UK do not have private parking, and accelerating access to charging stations on the streets is, therefore, essential to switching to green vehicles, one of the key factors in achieving the UK carbon neutral target. By 2050.
The UK Climate Change Commission recently estimated that the country needs 150,000 public charging stations by 2025.
Shell wants to set up supermarkets, company car parks and home loading stations in the United Kingdom. Globally, it wants to increase the number of its charging stations to 500,000 by 2025.
Shell plans to invest in new energy, use CO2 compensation mechanisms – to compete with environmental movements – and reduce oil dependence, but to become carbon neutral by 2050 without giving up.
The group’s boss has appealed for continued extraction of hydrocarbons in the North Sea, despite pressure from NGOs to halt new projects.
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