A year ago, Royal Dutch Shell, now the largest oil company in the world, acquired NewMotion, a company with thousands of electric car charging points throughout Europe. A month later, Shell started installing fast chargers at some of its largest gas stations. In late October, the company started installing ultrafast chargers that can fully charge the newest electric cars in 10 minutes.
It’s one small piece of a company in transition as it grapples with how to address climate change. “If you want to be a long-term relevant company that is on the right side of history, you have to be involved in this discussion, because it’s the most important discussion of our time,” CEO Ben van Beurden tells Fast Company.