Shell CEO Says His Next Car Will Be Electric
- CEO of Europe’s biggest oil company embracing plug-ins
- Oil major adopts ‘lower-forever mindset’ amid crude slump
Ben Van Beurden, chief executive officer at Royal Dutch Shell Plc, tells Bloomberg's Manus Cranny that the next car he purchases will be electric. He speaks on 'Bloomberg Markets: European Open.' (Source: Bloomberg)
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When the boss of Europe’s biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels.
Royal Dutch Shell Plc responded to the worst oil-price crash in a generation with its $54 billion takeover of BG Group Ltd., betting that demand for natural gas will rise as the world shifts to cleaner-burning fuels. Now Chief Executive Officer Ben Van Beurden says the next thing he’ll buy is a car that doesn’t depend on either oil or gas to run.