Shell says it will start installing electric vehicle chargers at its gas stations this year In a future where the world’s car fleet is rapidly transitioning to electric vehicles, gas stations will be forcefully downgraded to simple convenience stores and consequently, they will lose a significant revenue stream brought in by people stopping for gas but buying something at the convenience store. Some oil companies have accepted that the transition is happening and started installing electric vehicle chargers at their gas stations. Shell is the latest major company to jump on board. Total, the major French multinational oil and gas company, announced last year a $300 million investment to install about 200 MW of solar capacity at 5,000 gas stations around the world. Interesting to note that both Shell and Total are EU based oil companies. Europe certainly has a broader drive towards renewable and clean energy. See http://ift.tt/2jVN4MG
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