Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up ...
(WorldNews Norway)

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. Since the beginning of the year, three companies have been acquired by special purpose acquisition vehicles and are on a path to go public, while a third has raised tens of millions from some of the biggest names in private equity investing for its own path to commercial viability. The SPAC attack began in September when an electric vehicle charging network ChargePoint struck a deal to merge...