Shell agrees to buy SBRS GmbH to expand into new commercial electric vehicle (EV) charging sector

Shell Deutschland GmbH, a wholly-owned subsidiary of Shell, has signed an agreement with Schaltbau Holding AG to buy 100 percent stake in SBRS GmbH, a wholly owned subsidiary of Schaltbau Holding AG. SBRS GmbH is a leading provider of charging infrastructure solutions for commercial electric vehicles (EVs), including electric buses, trucks and vans.

Headquartered in Dinslaken, Germany, SBRS GmbH provides end-to-end engineered solutions for fully integrated electric vehicle charging infrastructure. This is from project conception and construction to maintenance service and monitoring software. 

The company’s current client base includes municipalities, public transport operators, original equipment manufacturers (OEMs) and corporate partners in cities such as Cologne, Vienna and Brussels.

This acquisition and investment will enable Shell to strengthen SBRS GmbH’s leading position in e-bus charging and help it grow rapidly in new segments, including the European electric truck charging market.

István Kapitány, Global executive vice president of Shell Mobility, said: “Through this acquisition, SBRS GmbH, a strong and innovative player in commercial EV charging, joins Shell, one of the world’s leading providers of fleet management solutions. 

“This acquisition will enable Shell to offer more end-to-end charging solutions to business customers to electrify and decarbonises their fleets, from depot charging equipment, to charge point management and supplying clean energy.

“The technology needed to decarbonise commercial vehicles and trucks has matured significantly in recent years, and electrification of fleets through e-trucks and e-vans has emerged as a key solution for many of our business customers. We welcome the SBRS GmbH team to the Shell family.”

This news follows Shell announcing that it aims to install 100,00 electric vehicle (EV) chargers in the UK by 2030. Shell is also investing billions of dollars worldwide in low-carbon energy, including charging stations for electric vehicles, hydrogen, renewable energy, biogas and biofuels.

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Shell has also set a target to operate over 500,000 charge points globally by 2025. Currently, the company operates over 100,000 charge points for electric cars at homes, businesses, Shell retail sites and destinations. In addition, Shell currently offers access to over 300,000 additional charge points through our roaming networks.

Ian Osborne
Ian Osborne
Editor-in-Chief at ElectricDrives

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