Shell to close 1,000 gas stations to focus on EV charging deployment

[1srelluc]

Shell to close 1,000 gas stations to focus on EV charging deployment

Gas giant Shell is looking to close as many as 1,000 gas stations in the coming years, as it pivots toward deployment of EV charging stations...

www.teslarati.com

"Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.

In its latest Energy Transition Strategy report, England-based Shell says it plans to close 500 retail sites per year in 2024 and 2025. The company plans to instead focus on scaling its public EV charging network, and in hopes to bring total charging points up to 200,000 by 2030, up from around 54,000 today.

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg.

The company has also said it plans to focus on public charging stations, rather than on home charging, due to its competitive advantages in the sector."

This may be another Hertz (We fucked up boarding the EV band wagon" moment in less than five years.
I dont get why a petroleum giant would set that much money on fire to do that.
Where do they plan to get the power.....Diesel generators?

The federal government is handing out cash hand over fist to states who are then handing it out to businesses to build EV charging stations in specific areas.

In KY the Governor has given out $15.4 million dollars to have 24 charging stations built with a minimum of 4 charging ports.

Turn off the gas pumps, renovate the building, and put in EV charges at the taxpayer's expense. Then turn the gas pumps back on after the checks have cleared.

 

[The Duke]

Shell to close 1,000 gas stations to focus on EV charging deployment

Gas giant Shell is looking to close as many as 1,000 gas stations in the coming years, as it pivots toward deployment of EV charging stations...

www.teslarati.com

"Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.

In its latest Energy Transition Strategy report, England-based Shell says it plans to close 500 retail sites per year in 2024 and 2025. The company plans to instead focus on scaling its public EV charging network, and in hopes to bring total charging points up to 200,000 by 2030, up from around 54,000 today.

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg.

The company has also said it plans to focus on public charging stations, rather than on home charging, due to its competitive advantages in the sector."

This may be another Hertz (We fucked up boarding the EV band wagon" moment in less than five years.
I dont get why a petroleum giant would set that much money on fire to do that.
Where do they plan to get the power.....Diesel generators?

The federal government is handing out cash hand over fist to states who are then handing it out to businesses to build EV charging stations in specific areas.

In KY the Governor has given out $15.4 million dollars to have 24 charging stations built with a minimum of 4 charging ports.

Turn off the gas pumps, renovate the building, and put in EV charges at the taxpayer's expense. Then turn the gas pumps back on after the checks have cleared.

Well, they're going to get woke and go broke. Bad decision, IMHO.

Time to research investing in their competitors that aren't doing that.

I find it humorous that that's a big diesel generator behind that charging station.

It's like those false fronts in the old west.

 

[MarathonMike]

Another reason Trump MUST be elected. We have to stop the runaway EV train. Just like Afghanistan when you force something to happen before it's ready to happen, really, really bad things result.

 

[Crick]

Shell to close 1,000 gas stations to focus on EV charging deployment

Gas giant Shell is looking to close as many as 1,000 gas stations in the coming years, as it pivots toward deployment of EV charging stations...

www.teslarati.com

"Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.

In its latest Energy Transition Strategy report, England-based Shell says it plans to close 500 retail sites per year in 2024 and 2025. The company plans to instead focus on scaling its public EV charging network, and in hopes to bring total charging points up to 200,000 by 2030, up from around 54,000 today.

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg.

The company has also said it plans to focus on public charging stations, rather than on home charging, due to its competitive advantages in the sector."

This may be another Hertz (We fucked up boarding the EV band wagon" moment in less than five years.
I dont get why a petroleum giant would set that much money on fire to do that.
Where do they plan to get the power.....Diesel generators?

The federal government is handing out cash hand over fist to states who are then handing it out to businesses to build EV charging stations in specific areas.

In KY the Governor has given out $15.4 million dollars to have 24 charging stations built with a minimum of 4 charging ports.

Turn off the gas pumps, renovate the building, and put in EV charges at the taxpayer's expense. Then turn the gas pumps back on after the checks have cleared.

Feel free to continue pretending that ICE vehicles aren't coming to an end but don't be assinine enough to think reality experiences any effect from your childish fantasies.

 

[1srelluc]

Feel free to continue pretending that ICE vehicles aren't coming to an end but don't be assinine enough to think reality experiences any effect from your childish fantasies.

Maybe you should talk to the EX CEO of Hertz and see how EVs worked out for him.

MSN

 

[Natural Citizen]

I've been using the same Shell gas station for years.

I like their V-Power NiTRO+

They just modernized the station and installed new tanks and pumps last year as well.

There were no EV charging stations included in the modernization of the station.

I like that they charge a few quarters for their air pumps, too, as it keeps the riff raff away. I don't use em, but I like the perk of not having the riff raff camping out.

 

[1srelluc]

I've been using the same shell gas station for years.

They just modernized it and installed new tanks and pumps last year.

You will be fine, most of the closures are overseas.....Hopefully.

Thing is all the giants will close down a station if they are not getting the profit margin desired.

 

[Natural Citizen]

You will be fine, most of the closures are overseas.....Hopefully.

Thing is all the giants will close down a station if they are not getting the profit margin desired.

Yeah, I'm not concerned about it at all.

That web site you linked is actually a media company that publishes Tesla news.

The author twisted the Shell publication that he referenced out the wazoo in order to give the illusion of credibility to his own hopes and dreams.

Which figures.

Here's the actual Shell publication that the author twisted completely out of context...

Shell Energy Transition Strategy | Shell Global

Shell is making good progress on its journey to net zero, delivering energy for today while helping to build the low-carbon energy system of the future.

www.shell.com

Shell understands very well and acknowledges that gas isn't going anywhere any time soon...

''The world will need energy from oil and gas for many years to come. Just over two-thirds of our capital spending in 2023 was on maintaining supplies of the vital energy the world needs today.''

 

[White 6]

Shell to close 1,000 gas stations to focus on EV charging deployment

Gas giant Shell is looking to close as many as 1,000 gas stations in the coming years, as it pivots toward deployment of EV charging stations...

www.teslarati.com

"Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.

In its latest Energy Transition Strategy report, England-based Shell says it plans to close 500 retail sites per year in 2024 and 2025. The company plans to instead focus on scaling its public EV charging network, and in hopes to bring total charging points up to 200,000 by 2030, up from around 54,000 today.

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg.

The company has also said it plans to focus on public charging stations, rather than on home charging, due to its competitive advantages in the sector."

This may be another Hertz (We fucked up boarding the EV band wagon" moment in less than five years.
I dont get why a petroleum giant would set that much money on fire to do that.
Where do they plan to get the power.....Diesel generators?

The federal government is handing out cash hand over fist to states who are then handing it out to businesses to build EV charging stations in specific areas.

In KY the Governor has given out $15.4 million dollars to have 24 charging stations built with a minimum of 4 charging ports.

Turn off the gas pumps, renovate the building, and put in EV charges at the taxpayer's expense. Then turn the gas pumps back on after the checks have cleared.

With 45,000 branded stations around the world, 1,000 is nothing and the article does not even say which countries the closings will be in.

 

[Natural Citizen]

With 45,000 branded stations around the world, 1,000 is nothing and the article does not even say which countries the closings will be in.

You get a more accurate context from the bloomberg piece than from the independent Tesla news reporting web site...

Shell Plans to Divest 1,000 Retail Sites in Shift to EV Charging

Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers.

www.bloomberg.com

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025.”

The London-based major said it would focus on public chargers — increasing those to 200,000 by the end of the decade compared to 54,000 currently — because customers need them more than home charging. The company will roll out these in China — where it operates more than half its current recharging stations — and Europe where demand is fast growing.''

The company didn’t give details on which retail sites it would divest.

 

[Calypso Jones]

Sounds like a bad business decision to me...but hey...what do i know...i'm not WOKE.

 

[sparky]

Yeah, I'm not concerned about it at all.

That web site you linked is actually a media company that publishes Tesla news.

The author twisted the Shell publication that he referenced out the wazoo in order to give the illusion of credibility to his own hopes and dreams.

Which figures.

Here's the actual Shell publication that the author twisted completely out of context...

Shell Energy Transition Strategy | Shell Global

Shell is making good progress on its journey to net zero, delivering energy for today while helping to build the low-carbon energy system of the future.

www.shell.com

Shell understands very well and acknowledges that gas isn't going anywhere any time soon...

''The world will need energy from oil and gas for many years to come. Just over two-thirds of our capital spending in 2023 was on maintaining supplies of the vital energy the world needs today.''

4. Isn’t this just greenwashing?​

No. Our approach to reporting is designed to meet regulatory requirements and is in line with our approach to transparency. Our Energy Transition Strategy 2024 includes, for example, our total cash capital expenditure and percentage of that spend on low-carbon solutions for 2023. The report shows how we are delivering against our climate targets as we provide vital energy today and for tomorrow.


consider that this is subsidized .....~S~

 

[DudleySmith]

Shell has the best quality retail gasoline, even with the ethanol contamination ruining the mix.

 

[DudleySmith]

4. Isn’t this just greenwashing?​

No. Our approach to reporting is designed to meet regulatory requirements and is in line with our approach to transparency. Our Energy Transition Strategy 2024 includes, for example, our total cash capital expenditure and percentage of that spend on low-carbon solutions for 2023. The report shows how we are delivering against our climate targets as we provide vital energy today and for tomorrow.


consider that this is subsidized .....~S~

Which is the only reason anything EV related pays.

 

[sparky]

Which is the only reason anything EV related pays.

tell me about it Dudley

i'm 'saving the planet' every day via rebates

maybe i'll get company masks & caps......just fly from job to job.....

~S~

 

[DudleySmith]

tell me about it Dudley

i'm 'saving the planet' every day via rebates

maybe i'll get company masks & caps......just fly from job to job.....

~S~

We're all going to telecommute, according to the clueless affluenza-demented college grads these days. No need for cars when you live in the new high tech ghettoes taxpayers build around the country. Everyone is going to be employed coding apps for stuff rich people buy.

 

[jackflash]

Shell to close 1,000 gas stations to focus on EV charging deployment

Gas giant Shell is looking to close as many as 1,000 gas stations in the coming years, as it pivots toward deployment of EV charging stations...

www.teslarati.com

"Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.

In its latest Energy Transition Strategy report, England-based Shell says it plans to close 500 retail sites per year in 2024 and 2025. The company plans to instead focus on scaling its public EV charging network, and in hopes to bring total charging points up to 200,000 by 2030, up from around 54,000 today.

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg.

The company has also said it plans to focus on public charging stations, rather than on home charging, due to its competitive advantages in the sector."

This may be another Hertz (We fucked up boarding the EV band wagon" moment in less than five years.
I dont get why a petroleum giant would set that much money on fire to do that.
Where do they plan to get the power.....Diesel generators?

The federal government is handing out cash hand over fist to states who are then handing it out to businesses to build EV charging stations in specific areas.

In KY the Governor has given out $15.4 million dollars to have 24 charging stations built with a minimum of 4 charging ports.

Turn off the gas pumps, renovate the building, and put in EV charges at the taxpayer's expense. Then turn the gas pumps back on after the checks have cleared.

EXCELLENT!!!

 

[pknopp]

With 45,000 branded stations around the world, 1,000 is nothing and the article does not even say which countries the closings will be in.

Many people aren't happy unless their hair is on fire over something.

 

[The Irish Ram]

Shell will regret that decision.

 

[Esdraelon]

Another reason Trump MUST be elected. We have to stop the runaway EV train. Just like Afghanistan when you force something to happen before it's ready to happen, really, really bad things result.

As soon as you accept the idea that they are intentionally destroying our existing system with nothing in place to rely on, it all makes sense. They aren't looking to improve anything. They intend to tear it all down.