European Oil majors are investing in EV technology

The Financial Times is listing today some european Oil Majors investments  in EV technology :

- BP invested last week $20m in StoreDot, the Israeli developer of ultra-fast-charging batteries  and agreed a partnership with NIO Capital, a Chinese private equity group, to invest in “advanced mobility” technology in China .

- Shell bought last year NewMotion, one of Europe's largest EV-charging network

- Total acquired in 2016 Saft battery business working on next generation EV technology

 

https://www.ft.com/content/aae913f4-632f-11e8-a39d-4df188287fff

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