Shell buys Swiss charging network Evpass
Shell wants to expand its charging network and has taken over Evpass in Switzerland. According to Shell, the latter operates the largest network of charging stations in the country, with locations in all cantons and about a third of municipalities.
“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 like supermarkets, hotels and car parks,” says István Kapitány, Global Executive Vice President of Shell Mobility.
Shell wants to operate more than 500,000 EV charge points worldwide by 2025. EVpass‘ 3,000 charge points, which it offers through its own network and roaming agreements, should bring the company closer to that goal.
The purchase price was not disclosed.
The company was founded by Green Motion in 2016. In December 2018, it brought energy supplier AEW Energie as a new investor on board. At the time, there was even talk about cross-border expansion.
The Evpass announcement now states, “The Board of Directors of Evpass is convinced that with the new strategic investor, the next phase of development will be successful.”
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