File this one under T for They who laugh last, laugh best. Not too long ago right-wing pundits and other naysayers excoriated electric vehicles as a big joke, with one of the biggest laugh lines being reserved for the lack of public EV charging stations. Now EVs are surging into the mainstream and major oil companies want a piece of the action.
One of those companies is Royal Dutch Shell, which just added the leading EV charging solutions company Greenlots to its list of subsidiaries. CleanTechnica caught up with Greenlots last week to get some more details about the deal, and they provided us with the following lowdown via email.
How Oil Giants Can Foster The EV Charging Revolution
CleanTechnica: How will being under the Shell umbrella help Greenlots to grow?
Greenlots: While we are still working out the details, this acquisition clearly presents opportunities for rapid and significant growth. While we will look to expand our offerings both here in North America and around the world, our first priority is to execute against our 2019 business plan.
CleanTechnica: Why was Greenlots interested in being acquired by Shell?
Greenlots: We’ve been saying for years that Greenlots sits at the nexus of energy and mobility. This deal speaks volumes to that message. The global energy industry is undergoing massive changes as new and emerging technologies disrupt traditional business models and transform the energy landscape.
This shift has led to increasing digitalization, whereby data is collected and used to engage consumers and instantly respond to changes in grid conditions. This increasingly digitalized and distributed power system requires a smart, flexible, and responsive electrical grid.
All of this is happening while a new and potentially massive load is about to hit as we accelerate toward widespread electrification of transportation — not just passenger vehicles, but also heavy-duty trucks, buses, fleets, drones, and even airplanes.
Energy and mobility are the twin pillars of these transformations, and both will require investment and innovative technologies to bridge to the future. Shell’s decades of experience in energy infrastructure provides an unparalleled platform for Greenlots to accelerate its mobility platform on a global scale.
In recent years Shell New Energies has taken huge strides in its efforts to explore and support forward-thinking power and fuel solutions, and we’re excited to help further that mission.
Together, we will continue to innovate and expand upon the technologies and services we offer to stakeholders across the EV ecosystem, including drivers, utilities, cities, businesses, and automakers.
Read more at The Inside Scoop on Next-Wave EV Charging
(#CleanTechnica Exclusive Interview)
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