Biggest Concerns For German Consumers Regarding All-Battery Powered Vehicles

Biggest Concerns For German Consumers Regarding All-Battery Powered Vehicles

19 October 2023

European oil majors have dismissed electric vehicles and charging in the past, but have now come to embrace the new reality. TotalEnergies, BP, and Shell have been acquiring EV charging startups to meet the needs of the growing number of EVs.

Shell plans to become a net-zero-emissions company by 2050 and one of its tools to reach that is Ubitricity, which it acquired in 2021.

Ubitricity stands for Ubiquitous Electricity, and it plans to do just that: make EV charging accessible and available everywhere.

It was established in 2008 and is based in Berlin’s European Energy Forum campus.

Because 60% of residents in Berlin do not have a private parking space, Ubitricity chargers use existing infrastructure in streetlamps supplied with electricity by Shell Energy Retail GmbH’s renewable energies.

Author

Lucidity Insights Research Team profile photo

We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.