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Nov 25, 2021
Shell and NIO have signed a strategic cooperation agreement to improve the charging experience for electric vehicle (EV) customers around the world.
Based on the agreement, NIO and Shell will leverage the strength and offerings of both brands globally to help more drivers to transition to EVs and deliver a differentiated and quality offer to NIO drivers globally – at home, at destinations and on-the-go. Further collaborations in the areas of fleet solutions, loyalty and home charging are part of the strategic partnership.
István Kapitány, Global Executive Vice President of Shell Mobility said: “Decarbonisation is a global challenge that requires broad-reaching, multi-faceted solutions. This is the most exciting thing about our new partnership with NIO -- the breadth of the collaboration and the value we can offer our EV customers together, both in Europe and in China. Together, we'll be working to improve every aspect of the EV experience. This means we’ll offer Shell Recharge high-speed charging at NIO locations and make battery swap available at convenient Shell locations while also offering NIO customers our best home and business charging solutions.”
William Li, Founder, Chairman, Chief Executive Officer of NIO said: “The cooperation demonstrates Shell’s determination to accelerate the energy transition and commitment to contribute to sustainable development globally. We believe that the cooperation between NIO and Shell will bring better services and experience to electric vehicle users worldwide.”
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. “Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
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LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70