Greenlots announces acquisition by Shell, one of the world’s leading energy providers

January 30, 2019

Deal also supports the acceleration of electric vehicle infrastructure deployment and management in North America.

LOS ANGELES, Jan. 30, 2019 /PRNewswire/ — Greenlots, a US-based leader in electric vehicle (EV) charging and energy management software and solutions. For they announced it signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC. Yes folks moreover a subsidiary of Royal Dutch Shell plc.

Because with this deal, Greenlots’ technology and team become the foundation for Shell’s continued expansion. All in on electric mobility solutions in North America. Together, the companies will also offer best in class software and services. Those that will enable large-scale deployment of smart charging infrastructure. Finally and integrate efficiently with advanced energy resources like solar, wind and power storage.

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

Greenlots EV charging with Shell

Source: Shell New Energies

In addition and with Shell, Greenlots will intensify its growth efforts. Thereby expand its range of mobility services. That’s to utilities, cities, automakers. Finally and fleets plus drivers around the world. Greenlots will also retain its brand identity and leadership team.

Source: Greenlots and Shell New Energies

https://www.shell.com/energy-and-innovation/new-energies.html