Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence? – Charged EVs
Baua Electric
MARCH 22, 2024
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. What’s more, Shell expects EV charging to be profitable: “As we grow our business offering charging for electric vehicles, we expect an internal rate of return of 12% or higher.”
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