Shell has pledged to create 50,000 electric vehicles (EV) charging stations throughout the United Kingdom by 2030, up from the 50,000 declared last year. Approximately 31,000 public charging stations are presently available in the UK. The CCC (Climate Change Committee) estimates that ten times that amount will be required in the next ten years to facilitate the UK’s transition to electric vehicles.
Shell’s action is a “boost” for drivers, according to Transport Secretary Grant Shapps. It comes as used electric vehicle (EV) sales hit a new high during the first quarter, indicating that more drivers will be able to buy one.
Although the initial investment is larger than that of a fossil fuel car, the ongoing costs are lower. Following accusations that public infrastructure was failing to keep up with EV sales, the UK government announced a new goal of 300,000 electric car chargers by 2030.
A portion of its EV infrastructure strategy, the Department of Transport (DfT) will invest £950 million in rapid charging sites. By 2030, new petrol and diesel vehicles and vans will be prohibited from being sold.
Shell UK country chairperson David Bunch indicated that over the next decade, 75 percent of the company’s investment in the United Kingdom energy infrastructure will be in low- and zero-carbon programs.
Shell’s first-quarter operating profits of $9.1 billion (£7.2 billion) have fueled requests for a windfall tax, despite the ongoing conflict in Ukraine and rising gas prices. Those calls have so far been ignored by Prime Minister Boris Johnson.
The corporation is feeling the pressure to move away from fossil fuels, which are damaging the climate much like other oil majors. Shell is one of the fastest-growing companies in the sector, but some say it isn’t quick enough.
According to the CCC, by 2032, 23 million automobiles should be electric, and by 2050, all vehicles must be fossil-free. Around two-thirds of British homes have off-street parking. The parking allows them to charge their cars while at home, while the other one-third must charge on the street or elsewhere.
Shell’s pledge of 50,000 is in addition to the 50,000 it revealed last year for 2025, bringing the overall ambition to 100,000 by the year 2030. Some of these charging stations will generate revenue through electricity sales. Shell believes that 11,000 of the units will be fast chargers, bringing them under a 10-minute journey of 90 percent of UK vehicles.