July 29, 2017

YOUR NEXT CAR WILL BE A VOLT:

Shell CEO Says His Next Car Will Be Electric (Jess Shankleman, Manus Cranny, and Rakteem Katakey, 7/27/17, Bloomberg)

Royal Dutch Shell Plc responded to the worst oil-price crash in a generation with its $54 billion takeover of BG Group Ltd., betting that demand for natural gas will rise as the world shifts to cleaner-burning fuels. Now Chief Executive Officer Ben Van Beurden says the next thing he'll buy is a car that doesn't depend on either oil or gas to run.

Van Beurden will switch from a diesel car to a plug-in Mercedes-Benz S500e in September, a company spokesman said. Chief Financial Officer Jessica Uhl already drives a BMW i3 electric car.


Posted by at July 29, 2017 7:54 AM

  

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