Skip to content
Green
Hyperdrive

Shell, BP Face Obstacles to Gaining Wider Share of EV Charging Market

Oil and gas companies, lagging in the public charging market, must come up with creative approaches to compete.

A BP Pulse EV charging point outside BP’s headquarters in Milton Keynes, U.K.

A BP Pulse EV charging point outside BP’s headquarters in Milton Keynes, U.K.

Photographer: Chris Ratcliffe/Bloomberg
From

Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here.

A bird’s eye view of electric vehicle charging infrastructure globally reveals a battle being fought for market share across many sectors – utilities, oil and gas, autos, retail, infrastructure, telecoms and more. For all these, EV charging offers an opportunity to diversify and grow. But the prospects are less optimistic for the world’s major oil and gas companies, who are defending their current share of the fuel market.