Seleccions

Seleccions

Seleccions

Spain business
Home›Spain business›Shell boosts its electric vehicle charging business in Spain and Portugal

Shell boosts its electric vehicle charging business in Spain and Portugal

By James K. Martin
July 8, 2022
0
0
Share:

The international energy company has acquired local electric vehicle charging station developer and operator Cable Energía.


© Cable Energia

Shell España SA has acquired 100% of Cable Energía, the Spanish developer and operator of charging stations for electric vehicles. This acquisition will enable Shell to offer on-the-go electric vehicle charging services to drivers and fleets at destination locations in Spain and Portugal.

Based in Seville, Spain, Cable Energía is an electric mobility infrastructure company that aims to become one of the largest providers of electric vehicle charging services. The acquisition and additional investment from Shell will enable the company to accelerate the deployment of Cable Energia’s network in Spain and Portugal.

“Shell has a long and proud history of providing our Spanish and Portuguese customers with the energy they need, with our fantastic partner DISA. With the acquisition of Cable Energía, we will support the rapid growth of our charging network of electric vehicles in both markets and, above all, to provide an excellent charging experience for our customers,” said István Kapitány, Global Executive Vice President, Shell Mobility.

“By developing a reliable network of electric vehicle charging stations, we want to give drivers the confidence to travel the peninsula with electric vehicles and support the transition towards an efficient and accessible decarbonization of road transport”, Ignacio Lopez, Managing Director of Cable Energia.

Cable Energia currently has 80 charging stations installed in Spain and Portugal, adding to Shell’s network of approximately 20,000 public charging stations worldwide. Cable Energía becomes a 100% subsidiary of Shell, within its Mobility division.

Related content

Discuss

Related posts:

  1. Car makers and airlines warn EU climate plan puts innovation at risk
  2. Today in History: Spain cedes Florida to the United States in 1821 | Lifestyles
  3. The number of Covid-19 cases worldwide exceeds 189.9 million, deaths exceed 4.08 million
  4. Volkswagen wants to manufacture batteries and small electric cars in Spain
Previous Article

Spanish Masterpieces Gathered in Bishop Auckland’s ‘Prado ...

Next Article

Aleixandri shines on the Spanish coast

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Spain business

    Automotive Sunroof Market Size and Forecast

    October 24, 2021
    By James K. Martin
  • Spain business

    Iberian startups created 6,000 new jobs in 2020

    July 20, 2021
    By James K. Martin
  • Spain business

    Inventories and the drop in oil amid a new variant of the coronavirus

    November 26, 2021
    By James K. Martin
  • Spain business

    Spain’s Rovi raises forecast after 2021 profit jumps 151%

    February 23, 2022
    By James K. Martin
  • Spain business

    500 years after the Inquisition, Spain finally has a vibrant kosher wine industry

    November 3, 2021
    By James K. Martin
  • Spain business

    Switch Mobility will build a state-of-the-art manufacturing plant in Spain

    March 21, 2022
    By James K. Martin

  • Spain business

    Judge rules against holding La Liga and other club games in the United States

  • Spain resorts

    Thailand’s new hotels in Phuket, Krabi, Koh Samui, Chiang Mai

  • Spain tourism

    clash in Mallorca. More than 500 tourists fought the police