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Shell Announces Closure of 1,000 Gas Stations, Adjusts Focus to EV Charging    

Oil and gas giant Shell plans to close 1,000 of its retail gas stations between 2024 and 2025. The closures represent the company’s shifting focus and utilization of its resources to expand services for EVs. 

The announcement was published in its Energy Transition Strategy 2024 report. 

Shell intends on installing around 70,000 public charging stations by 2025 and around 200,000 by 2030. 

“We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” read the report cited by “We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles.” 

Shell USA acquired charging company Volta in March 2023 and now has over 3,000 charging points across 31 U.S. states, with more than 3,400 additional charge points in development.  

In another shift toward renewables, Shell Recharge opened its largest EV station at an airport in Shenzen, China, in September. Featuring 258 charging points, the site has seen thousands of customers each day.

Read the rest of this story here. 

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