Re:Shell buys UK’s largest electric vehicle charging network
by curiousllama on Tuesday January 26, 2021 @10:06AM
(#25916521)
Anyone know the purchase price? Hard to know what to think of this otherwise. Is this a defensive acquisition, to protect a fragile Shell charging business? Or is this speculative, where they want to pump in $ to accelerate and dominate? Will Ubicitry function as an R&D/experiments arm, or actual LoB?
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Re:Shell buys UK’s largest electric vehicle charging network
by giantg2 on Tuesday January 26, 2021 @11:02AM
(#25917327)
I believe it will be a real LoB intended for growth. Shell has made it clear in shareholder communications that they will greatly expand thier renewables because they see that as the future.