Shell Acquiring EV Charging Company Greenlots

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Greenlots, a Los Angeles-based provider of electric vehicle (EV) charging and energy management solutions, has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC, a subsidiary of Royal Dutch Shell PLC.

Together, the companies will offer software and services that enable the large-scale deployment of smart charging infrastructure and integrate with advanced energy resources such as solar, wind and storage.

“As power and mobility converge, there will be a seismic shift in how people and goods are transported,” says Brett Hauser, CEO of Greenlots. “Electrification will enable a more connected, autonomous and personalized experience. Our technology, backed by the resources, scale and reach of Shell, will accelerate this transition to a future mobility ecosystem that is safer, cleaner and more accessible.”

“As our customers’ needs evolve, we will increasingly offer a range of alternative energy sources, supported by digital technologies, to give people choice and the flexibility, wherever they need to go and whatever they drive,” adds Mark Gainsborough, executive vice president of Shell New Energies. “This latest investment in meeting the low-carbon energy needs of U.S. drivers today is part of our wider efforts to make a better tomorrow. It is a step towards making EV charging more accessible and more attractive to utilities, businesses and communities.”

With Shell, Greenlots plans to expand its range of mobility services to utilities, cities, automakers, fleets and drivers around the world. Greenlots will retain its brand identity and leadership team.

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