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SHELL POWERS AHEAD WITH FASTEST ELECTRIC VEHICLE CHARGING IN EUROPE

SHELL POWERS AHEAD WITH FASTEST ELECTRIC VEHICLE CHARGING IN EUROPE

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London, Shell has signed an agreement with high-powered charging network operator IONITY to offer charge points across ten European countries starting with 80 of its biggest highway stations, allowing drivers to travel long distances with confidence for the first time.
The high-powered chargers will take five to eight minutes on average to charge next generation electric vehicles, making them up to three times faster than any other charger currently available to drivers.

IONITY is a joint venture between BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche, which was formed to create a network of 350-kilowatt chargers next to major highways in Europe.

“Customers want to go on long journeys in their electric vehicles and feel confident that there are reliable, comfortable and convenient places to charge them quickly,” István Kapitány, Shell’s Global Executive Vice President of Retail, said. “Demand for electric vehicle charging on Europe’s major highways is set to grow rapidly. We are pre-empting drivers’ need to charge quickly by becoming one of IONITY’s major partners, giving customers access to the fastest charge points across 10 European countries.”

The agreement is part of Shell’s global drive to provide more and cleaner energy solutions. Following our recent agreement to buy NewMotion, one of Europe’s largest charging providers, and the launch of Shell Recharge fast chargers at selected Shell forecourts in the UK, we are increasingly offering reliable charging solutions for electric vehicle customers – whether they are at home, at work or on the road.

This is because Shell believes more people will choose to drive electric vehicles if they can access a range of reliable and convenient charging solutions, when and where they will need them.

Electric vehicle charging solutions is just one of the ways that Shell is aiming to deliver more and cleaner energy to its 30 million daily retail customers. We are also working to enhance efficiency of traditional fuels, and supporting the development of low-emission transport fuels such as hydrogen, biofuels and natural gas.

“IONITY and Shell share a common goal: to enable convenient long-distance travel with electric vehicles across Europe by providing reliable fast-charging infrastructure,” Dr. Michael Hajesch IONITY’s Chief Executive said. “Joining forces means combining Shell’s long history and experience in retail with our state-of-the-art technology for fast charging. It will significantly increase the customer satisfaction of EV drivers.”

Notes for Editors :

Shell is partnering with IONITY in the following countries: Belgium, France, the Netherlands, Austria, the Czech Republic, Hungary, Poland, Slovakia, Slovenia and the UK.
On average six IONITY-Shell co-branded charge posts will be available at each Shell Station, around 500 in total.
The network will enable cars with suitable technology to significantly reduce charging time, with power levels up to 350-kilowatts and will support both existing and next generation electrical vehicles featuring cutting edge technology.
The chargers will use the same charging standard required by most electric vehicles in Europe and North America, the Combined Charging System (CCS).
An estimated 400 high-powered charging stations will comprise IONITY´s network to allow long-distance travel in Europe across multiple countries
Enquiries :

Shell International Media Relations +44 (0) 207 934 5550
IONITY Public Relations: Hakan Guenay +49 89 614 657 10

About IONITY

IONITY is headquartered in Munich and was founded in 2017; it is a joint venture of the BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche. The goal of the joint venture is to build an extensive and reliable High-Power-Charging network (HPC) for electric vehicles in Europe to secure comfortable long-distance travel. IONITY has attractive national and international locations through its strong cooperation partners. IONITY is an internationally registered trademark. www.ionity.eu

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. There can be no assurance that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2016 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, November 27, 2017. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as resources, in this announcement that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov

Source: shell.co.uk
Anand Gupta Editor - EQ Int'l Media Network

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