Shell ties up with K-Electric to set up charging points for electric vehicles

Shell Pakistan Limited (SPL) and K-Electric Limited (KE) have signed a Memorandum of Understanding (MoU) to jointly develop three electric vehicle (EV) charging stations across Karachi and its connecting highways.

According to a statement issued on Friday, the locations selected for installation of 50KWH rapid chargers include ‘Shell Defence Filling Station’ on Khayaban-e-Bahria, ‘Askari Filling Station’ at Gulshan Town and ‘Mardan Filling Station’ at Gadap Town.

“Over the next 3 to 5 years, SPL and KE will explore the opportunity of additional sites and strategically expand the EV charging network,” the statement read. “While SPL will engage in the deployment of charging station equipment, site preparation, installation and manage its operations; KE will ensure grid enhancement.”

Speaking at the MoU signing ceremony, Taha Magrabi, General Manager Retail of Shell Pakistan Limited, stated: “The Government of Pakistan approved the EV policy to help tackle effects of climate change and offer affordable transport to its people. Playing a key role in this sector, SPL along with KE are keen to support the EV policy and its objectives, with our collaboration.”

K-Electric’s Chief Strategy Officer Naz Khan said: “As the world moves towards cleaner modes of transport, KE looks to enable this shift by adding to infrastructure that will support the introduction of EVs across Karachi and Pakistan. With the Government of Pakistan announcing a target for 30pc of all vehicles in the local market to be electric by 2030, KE, with Shell, looks forward to facilitating our customers towards utilizing EVs and contributing to long-term environmental sustainability.”

Must Read

PSX announces changes to KMI-30 index’ composition

Index revised for January-June 2024 period; new additions and removals reflect updated market dynamics