Royal Dutch Shell has altered future investment dynamics for crude oil as it agreed to buy Ubitricity, owner of the largest public charging network for electric vehicles in the UK. The oil major, with this, is expanding its presence along the power supply chain., a report by Financial Tmes read. Shell said on Monday it would buy 100 per cent of the company for an undisclosed amount. Ubitricity, founded in Germany, is a leading European provider of on-street charging for electric vehicles. The company, which integrates electric car charging…
Read MoreShell alters oil investment, buys UK’s largest electric car charging firm
