Contract extension with Shell for smart charging product

07 June 2017

Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce it has been awarded an extension to an existing contract with Shell to expand the development of its Smart Charging solution.

The contract extension will provide Shell with a capability to manage and optimise the charging of electric vehicles, initially for the US market.

John Watkins, Executive Chairman of Trakm8 commented: "Trakm8's Optimisation business, Route Monkey, has been working with Shell since 2013. This contract extension builds on the research and development work over the last four years, leading to commercialisation of the solution.

"This contract extends the ongoing work to cover this financial year and creates a framework for continued collaboration."