Shell’s Hydrogen Exit In California Deals A Major Blow To State’s Green Mobility Drive
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Benzinga
Benzinga
In a recent announcement, Shell (NYSE:SHEL) revealed its decision to cease the operation of hydrogen light-duty passenger fueling stations in California. The move is attributed to supply chain issues and other external market factors, dealing a significant setback to the state’s hydrogen mobility aspirations. What Happened: Shell’s hydrogen division, Equilon Enterprises, will no longer operate hydrogen light-duty passenger fueling stations in California, as per a circular sent to customers by Andrew Beard, Shell Hydrogen’s Vice President, Forbes reported on Sunday. The company’s decision has l…