Shell Plans to Divest 1,000 Retail Sites in Shift to EV Charging
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Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers.
“We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” Shell said in its latest energy transition strategy. “In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025.”