Shell, a major gas station chain, is set to close around 1,000 locations by the end of 2025, shifting its focus towards electric vehicle (EV) charging sites. As part of its Energy Transition Strategy, Shell plans to invest $10-15 billion in low-carbon energy solutions by 2025. The company aims to increase its charging ports from 54,000 at the end of 2023 to over 70,000 by 2025, and hopes to reach 200,000 by 2030. Shell’s strategy also includes investments in biofuels and integrated power.

While Shell has not disclosed which specific locations will be closed, the company’s presence is widespread, with 389 stations in Washington State alone, and many more across states like Texas and California. This transition to EVs raises questions for consumers about the practicality of electric vehicles, such as cost savings, battery life, and overall vehicle lifespan. The move by Shell reflects a growing market trend towards electric transportation and sustainability.

Key Takeaways:

  • Shell plans to close around 1,000 gas stations by the end of 2025 to shift focus towards expanding their electric vehicle charging infrastructure.
  • The company is investing between $10-15 billion in low-carbon energy solutions, including EV charging, biofuels, and integrated power, over a three-year period.
  • Shell aims to increase its electric charging ports from 54,000 at the end of 2023 to over 70,000 by 2025, and further to 200,000 by 2030.

“Shell is planning to close at least 1,000 locations before end of 2025. The company plans to transition their focus to EV charging sites.”

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