Distributed Energy Resources, Energy Efficiency  -  January 31, 2019

Shell acquisition shows EV focus

Shell New Energies US LLC has acquired Greenlots, a provider of EV charging and energy management software and solutions. Operating as a wholly-owned subsidiary, Greenlots will retain its brand identity and leadership team, functioning as the foundation for Shell's continued expansion of electric mobility solutions in North America.

"As our customers' needs evolve, we will increasingly offer a range of alternative energy sources, supported by digital technologies, to give people choice and the flexibility, wherever they need to go and whatever they drive," said Mark Gainsborough, executive vice president, New Energies for Shell, in a statement. "This latest investment in meeting the low-carbon energy needs of US drivers today is part of our wider efforts to make a better tomorrow. It is a step towards making EV charging more accessible and more attractive to utilities, businesses, and communities."

"As power and mobility converge, there will be a seismic shift in how people and goods are transported," said Brett Hauser, CEO of Greenlots. "Electrification will enable a more connected, autonomous and personalized experience. Our technology, backed by the resources, scale, and reach of Shell, will accelerate this transition to a future mobility ecosystem that is safer, cleaner and more accessible."

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