Shell Recharge Solutions EU (SRS) has signed an agreement with 50five, a Netherlands-based EV charging solutions provider, to support home and workplace charging in Europe.
Once the transaction is complete, 50five will undertake SRS’s installed base of home and workplace charger contracts in six markets: the UK, Netherlands, Germany, France, Belgium, and Luxembourg.
As part of the agreement, Shell and 50five will continue to provide integrated e-mobility solutions for leasing companies and corporate fleets. Shell will offer on-the-go charging and fleet solutions through its mobility service provider services, such as payment through its Shell Card, while 50five will install and operate charge points at home and workplace locations.
Shell SVP Mobility Network and E-Mobility Xifeng Wu says the company is delighted to collaborate with 50five.
“We look forward to working with 50five as we continue to focus on providing better public charging experiences at locations such as our retail stations, on-street and destinations,” he says.
“E-mobility is a crucial growth area for Shell; we already have around 70,000 public charge points today, with continued global investments planned for the coming years.”
50five Group CEO Manfred Klumpenaar says the integration of SRS’s installed base of home and workplace chargers allows 50five to continue to develop and strengthen its role as a leading charge point operator in Europe.
“Our mission has always been to provide high quality services to our customers, wherever and whenever they are needed,” he says.
“We look forward to welcoming our new colleagues and customers, and to working together on expanding our European EV charging network”
Once the transaction is complete, 50five will begin the technical process of migrating SRS’s charge points to its operations, with customers contacted directly with further details regarding the transfer.
SRS will continue to operate the home and workplace chargers in other markets not being taken over by 50five, while it continues to explore other potential external partnerships.
