Shell expands Swiss EV charging network with acquisition of evpass
With coverage in a third of Swiss municipalities, the acquistion of evpass puts Shell in a leading position in the local EV charging market.
Shell has announced , the largest network of charging stations for electric vehicles (EVs) in Switzerland. Founded in 2016 by Green Motion, the company was previously owned by Eaton, FMV (Forces Motrices Valaisannes) and the energy supplier AEW.
This acquisition allows Shell to further expand its position for charging solutions for electric vehicles and offer customers access to the largest network of public charging stations in Switzerland.
Shell鈥檚 growing networks of EV charge points
Shell has a target to operate over 500,000 charging points worldwide by 2025 and 2.5 million by 2030. In Switzerland, the first two Shell Recharge fast charging stations were put into operation at the Oftringen station in December 2022. As the largest network of public EV charging stations in Switzerland, providing access to 3,000 charge points through its own network and roaming agreements, evpass complements the Shell E-mobility offering, which also includes . Approximately one-third of the network is owned by evpass.
"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,鈥� said Istv谩n Kapit谩ny, Global Executive Vice President of Shell Mobility. "For our customers, we aim to make the EV driving experience even more comfortable and convenient by offering drivers more charging infrastructure at more locations. The acquisition of evpass, with coverage in a third of Swiss municipalities, puts Shell in a leading position in the local EV charging market that we plan to extend even further."
Investing for growth
Shell in Switzerland benefits from the popularity of evpass and its 50,000 subscribers. evpass is accessible throughout Switzerland in all cantons and in 33% of the municipalities.
The Board of Directors of evpass is convinced that with the new strategic investor, the next development phase will be successful.
Fran莽ois Randin, CEO and founder of evpass, says: "As the founder of evpass, I am sure that Shell, as a major global energy player, is the best investor to secure the growth of Switzerland's largest charging network and continue my original vision of responsible and environmentally friendly individual mobility."
