Shell ac­quir­ing elec­tric ve­hi­cle charg­ing firm

Houston Chronicle - - BUSINESS -

LON­DON — Oil com­pany Shell has signed an agree­ment to buy elec­tric ve­hi­cle charg­ing firm NewMo­tion.

It did not dis­close terms.

The com­pany, which will be­come a wholly owned sub­sidiary of Royal Dutch Shell, op­er­ates more than 30,000 pri­vate elec­tric charge points for homes and busi­nesses in the Nether­lands, Ger­many, France and Great Bri­tain.

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