In a move that further solidifies its position in the growing electric vehicle (EV) charging market, Shell has announced its acquisition of evpass, the largest network of public charging stations for EVs in Switzerland. Founded in 2016 by Green Motion and previously owned by Eaton, FMV, and energy supplier AEW, evpass has over 3,000 charge points throughout the country and boasts a subscriber base of 50,000.
This acquisition aligns with Shell’s strategy to operate over 500,000 charging points worldwide by 2025 and 2.5 million by 2030. In December 2022, Shell launched its first two fast charging stations in Switzerland and plans to expand rapidly to offer more charging points at its stations, as well as at supermarkets, hotels, and car parks.
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By acquiring evpass, Shell gains access to the largest network of public EV charging stations in Switzerland, allowing it to offer customers more charging infrastructure at more locations. Moreover, the acquisition complements Shell’s existing e-mobility offering, which includes a pilot of ubitricity’s lamp post charging solution in Bern.
István Kapitány, Global Executive Vice President of Shell Mobility, said: “Switzerland is an important market for our Mobility business where we plan to rapidly expand the number of EV charge points offered at our stations and destinations. The acquisition of evpass, with coverage in a third of Swiss municipalities, puts Shell in a leading position in the local EV charging market that we plan to extend even further.”
See also: Shell Sets Ambitious Goal of 2.5 million Global EV Chargepoints by 2030
For François Randin, CEO and founder of evpass, the acquisition by Shell means the continuation of his vision for responsible and environmentally friendly individual mobility. He said: “As the founder of evpass, I am sure that Shell, as a major global energy player, is the best investor to secure the growth of Switzerland’s largest charging network.”
The Board of Directors of evpass is also confident that the acquisition will lead to a successful next development phase for the company. With this acquisition, Shell takes another step towards achieving its goal of providing convenient and accessible EV charging solutions to customers worldwide.
