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Anyone know the purchase price? Hard to know what to think of this otherwise. Is this a defensive acquisition, to protect a fragile Shell charging business? Or
by curiousllama 6y ago
Anyone know the purchase price? Hard to know what to think of this otherwise. Is this a defensive acquisition, to protect a fragile Shell charging business? Or is this speculative, where they want to pump in $ to accelerate and dominate? Will Ubicitry function as an R&D/experiments arm, or actual LoB?
- giantg2 6y agoI believe it will be a real LoB intended for growth. Shell has made it clear in shareholder communications that they will greatly expand thier renewables because they see that as the future.