March 15, 2021

Analysis: the big oil firms adapting to the EV era

BP and Shell are investing heavily in provision of public charging for electric vehicles

Ten years ago, electric vehicles were mainly on the agendas of Nissan and a small group of start-up companies that included Tesla. Today, the ‘legacy makers’ are catching up rapidly; Audi, BMW, Hyundai, Kia, Renault and Volkswagen are all significant players in the EV space.

In parallel, new innovators have arrived to provide EV charging, such as Ecotricity, Gridserve and Instavolt, with little sign of the traditional oil companies as we adapt to new ways of refuelling our vehicles. Now that’s all set to change.


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