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Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence? – Charged EVs

Baua Electric

Oil giant Shell has announced plans to divest 1,000 retail sites over the next two years, and also says it plans to expand its public EV charging business. Is Shell shutting down gas stations in order to replace them with EV charging hubs? So, is it out with gas, in with electrons? It’s too early to say.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4