Shell revs up its move into electric vehicle market

BULGARIA-ENVIRONMENT-POLLUTION-CARS

In one of Big Oil's most significant deals in the electric vehicles market yet, Shell said on Thursday that it had signed an agreement to buy one of Europe's biggest EVs charging networks, Netherlands-based NewMotion. NewMotion founded in 2009, has around 100,000 registered users that offers access to its own charging points as well as another 50,000 partner network.

Shell said NewMotion, which manages over 30,000 charging points for electric vehicles in Western Europe and offers access to thousands more, will operate in parallel to Shell's programme of rolling out fast charging points at its forecourts.

The NewMotion technology includes "dynamic load balancing", which automatically adjusts the rate at which the vehicle is charging so that it uses the maximum available spare...

Traders Secrets on Yum! Brands, Inc. (YUM), Applied Optoelectronics, Inc. (AAOI)
As per Tuesday, July 21, the company rating was reinitiated by Goldman Sachs. 83 funds opened positions while 54 raised stakes. Evercore Wealth Mgmt Lc invested in 65 shares or 0% of the stock. 5,687 are held by Metropolitan Life Ins New York.

J&K Police detains Hizbul militant Gulzar Dar in Pulwama
Gulzar Ahmad Dar was arrested by the security forces in Tral town of Pulwama district. During searches, terrorists hiding in the hideout fired upon the search party.

Suspecting love jihad, alleged Shiv Sena activists thrash Muslim man in Rajasthan
However, Khan was dragged out by a mob and the hotel staff informed Parihar that Shiv Sena members were present outside. He added that 5 persons came to the hotel and said that they would "address" the issue among themselves.

"We are excited that our ongoing mission and belief in a transition towards less-polluting transport [sources] has been endorsed so strongly by Shell, one of the world's leading energy companies".

The announcement comes in a month after Shell announced that it was targeting 20 percent sales from electric vehicles (EV) charging and low carbon fuels by 2025.

A spokesperson for Shell said: "It's a slightly different proposition which is why it is a benefit to the whole portfolio".

Related:

  • Avis Budget Group, Inc. (NASDAQ:CAR) Trading Up - Short Interest Down -8.66%

    The investment professionals in our partner's database now hold: 115.24 million shares, up from 101.39 million shares in 2017Q1. Following the completion of the sale, the insider now owns 510,714 shares in the company, valued at $19,049,632.20.
    Bulgaria's Head of State Held Talks with the President of Azerbaijan

    Bulgaria's Head of State Held Talks with the President of Azerbaijan

    We believe this is the beginning of fruitful cooperation in the field of education and culture", he said. Bulgaria has an agreement with Azerbaijan for the delivery of 1 billion cubic meters of gas annually.

    Norfolk Southern Corporation (NYSE:NSC) Upward Momentum Touches New Heights

    D Orazio & Associates Inc. boosted its position in Norfolk Souther Corporation by 0.5% during the 1st quarter. (NYSE:NSC). On average, equities analysts expect that Norfolk Southern Corp. will post $6.35 earnings per share for the current year.
  • US Marine Corps Grounds CH-53Es in Okinawa Following Fiery Landing

    US Marine Corps Grounds CH-53Es in Okinawa Following Fiery Landing

    Japanese authorities asked the USA military to provide a full report and take steps to prevent a similar accident. Defense Minister Itsunori Onodera, however, said that he had agreed with the deputy commander of U.S.
    Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs

    Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs

    Automobile industry magazines have termed the tax as "Tesla Tax" as it would impact Tesla's expensive Model S and Model X SUV. There are more than 13,000 registered Teslas in Norway, according to data from the national statistics office.
    Marcus Mariota 'absolutely' plans to play on Monday Night Football

    Marcus Mariota 'absolutely' plans to play on Monday Night Football

    Designed quarterback run plays would be either limited or eliminated if Mariota returned this week. Mariota doing more Wednesday than he did last week was a good sign, according to Mularkey.
  • Valeant Pharmaceuticals International Breaks Below 200-Day Moving Average - Notable for VRX

    Sell-side analyst recommendations point to a short term price target of $29 on the shares of Matador Resources Company (MTDR). ILLEGAL ACTIVITY WARNING: This story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes.
    Edmonton armed carjacking suspects flee to Saskatchewan

    Edmonton armed carjacking suspects flee to Saskatchewan

    RCMP said the Chrysler 300 was seen speeding through the Vegreville area and was later found in Saskatchewan. RCMP conducted a manhunt Thursday in the Paynton area after the stolen vehicles were spotted in the area.
    Germany, France, Austria say internal European Union  border checks still needed

    Germany, France, Austria say internal European Union border checks still needed

    De Maiziere also noted that the threat of a terror attack was one of the reasons the Interior Ministry chose to extend border controls.
  • More details revealed about South Park: The Fractured but Whole Season Pass

    More details revealed about South Park: The Fractured but Whole Season Pass

    First up in the season pass offerings is " Relics of Zaron ", a costume and perks pack which will be available on October 17. The streets of South Park aren't as safe as they used to be, and even the most seasoned South Park veteran will need help.

    $2.49 Billion in Sales Expected for EOG Resources Inc (EOG) This Quarter

    The collective rating of 2.5 for LendingClub Corporation (NYSE:LC) also leans strongly towards the neutral end of the spectrum. Allen Investment Management Ltd holds 0.05% of its portfolio in EOG Resources Inc (NYSE:EOG) for 11,038 shares.
    PNC Financial Services tops Street 3Q forecasts

    PNC Financial Services tops Street 3Q forecasts

    First Financial Bank Co Of Newtown holds 0.32% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 8,909 shares. The financial services provider reported $1.96 EPS for the quarter, beating the Zacks' consensus estimate of $1.83 by $0.13.

Comments

Latest news

Couple Survives Lethal California Wildfires By Sheltering In Pool For 6 Hrs
Knowing they had to make a decision quick, Jan said she and her husband ran to their neighbor's house because they had a pool. Fire consumes a barn as an out of control wildfire moves through the area on October 9, 2017 in Glen Ellen, California.

UBS Downgrades Rating On Hostess Brands, Inc. (TWNK)
Finally, Marshall Wace North America L.P. bought a new position in Hostess Brands in the 2nd quarter valued at about $26,466,000. Also, CEO William Douglas Toler purchased 75,000 shares of the business's stock in a transaction on Friday, August 11th.

Get your shots, health minister urges as flu season begins in Manitoba
People can still get a flu shot free of charge as part of an office visit with their family physician, the department said. Some doctors in Canada have voiced concerns that North America could be walloped by a nastier-than-usual influenza season.

IMF Raises Global Growth Forecast
Morocco is expected to report 4.8% growth this year and 3% growth in 2018 and Egypt 4.1% growth this year and 4.5% growth in 2018. Nonetheless, they urged governments to use this period of calm to prepare for the inevitable challenges of the future.

Royal Bank Of Canada Reaffirms "Buy" Rating for Raytheon Company (RTN)
Company insiders own 0.19% of the company's stock. $493,666 worth of Raytheon Company (NYSE:RTN) was sold by RHOADS REBECCA R . A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock.

Bobby Deol To Star Alongside Salman Khan In Race 3
The Sultan actor was reportedly offered the negative role in Race 3 and it is said to be an important character in the movie. Bobby tweeted about his excitement for the movie, he wrote, "it feels great to be a part of "Race" team".

Newfield Exploration Co (NYSE:NFX) Institutional Investors Sentiment Unchanged in 2017 Q2
Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. July 21 investment analysts at Citigroup left the stock rating at "Buy" but lowered the price target from $42.00 to $36.00.

Berenberg Bank Increases Carnival plc (CCL) Price Target to GBX 5300
The company reported $2.29 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.20 by $0.09. Following the completion of the sale, the director now owns 26,684 shares in the company, valued at approximately $1,555,410.36.

Tiangong-1: Chinese space station will crash to Earth within months
McDowell said a slight change in atmospheric conditions could nudge the landing site "from one continent to the next". Tiangong-1 was seen as a scientific project that would turn China into a "space superpower" .

Airbnb-Branded Apartment Buildings Are Coming to the US
The profit-share agreement is created to encourage landlords to commit to allowing tenants to use Airbnb without repercussions. Tenants will be encouraged to sublet their spaces online, and guests will have access to amenities commonly found in hotels.

European Council building in poison alert
The European Council said the building will still be used for next week's EU leadership summit, where Brexit will be discussed. The building, which usually hosts ministerial meetings and leaders of twenty-eight, had to be evacuated temporarily.

Growth Analysis of Delta Air Lines, Inc. (DAL)
It also demonstrates a stable dividend policy for Delta Air Lines, Inc . connected to the long-run, with viable earnings. A number of hedge funds and other institutional investors have recently made changes to their positions in the stock.

Analysts Ratings on: Diamond Offshore Drilling, Inc. (DO)
Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis. Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 0, and a price to sales ratio of 0.18.

Quest Diagnostics Incorporated (NYSE:DGX) Experiences Heavier than Average Trading Volume
Mizuho maintained it with "Neutral" rating and $88 target in Friday, October 21 report. 11,995 are held by Security Natl Trust. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio.

Woman struck, killed in Westford parking lot identified
Paramedics then performed CPR on Wang as she was rushed to Lowell General Hospital where she died. Authorities say she was at the back of her SUV when it was struck by another vehicle.

Other news