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Photo: Miguel Candela/SOPA Images/LightRocket via Getty Images

Royal Dutch Shell is buying the California-headquartered electric vehicle charging and software company Greenlots, the companies said Wednesday.

Why it matters: It's the latest sign of multinational oil-and-gas giants increasingly investing in the EV charging and battery space.

What they're saying: "Together, the companies will offer best in class software and services that enable large-scale deployment of smart charging infrastructure and integrate efficiently with advanced energy resources like solar, wind and power storage," the companies said in a joint statement.

  • The companies did not disclose the size of the deal, which is focused on U.S. operations.
  • Greenlots will be a subsidiary of Shell New Energies U.S., but "Greenlots will retain its brand identity and leadership team," the announcement states.

The big picture: Oil majors, especially the European-headquartered players, have made a suite of moves in EV charging and related tech in recent years, including:

  • Shell's 2017 purchase of the European charging company NewMotion.
  • Total's 2018 acquisition of the charging firm G2mobility.
  • Last year, BP bought the U.K. charging network Chargemaster.
  • U.S.-based Chevron is among the investors in ChargePoint.

The bottom line: It's part of the industry's wider diversification into renewables and low-carbon tech, even though oil-and-gas remains the overwhelming majority of their portfolios.

Go deeper:

Go deeper

Off the Rails

Episode 2: Barbarians at the Oval

Photo illustration: Sarah Grillo/Axios. Photo: Jim Watson/AFP/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 2: Trump stops buying what his professional staff are telling him, and increasingly turns to radical voices telling him what he wants to hear.

President Trump plunked down in an armchair in the White House residence, still dressed from his golf game — navy fleece, black pants, white MAGA cap. It was Saturday, Nov. 7. The networks had just called the election for Joe Biden.

Fringe right plots new attacks out of sight

Illustration: Aïda Amer/Axios

Domestic extremists are using obscure and private corners of the internet to plot new attacks ahead of Inauguration Day. Their plans are also hidden in plain sight, buried in podcasts and online video platforms.

Why it matters: Because law enforcement was caught flat-footed during last week's Capitol siege, researchers and intelligence agencies are paying more attention to online threats that could turn into real-world violence.

Kids’ screen time up 50% during pandemic

Illustration: Sarah Grillo/Axios

When the coronavirus lockdowns started in March, kidstech firm SuperAwesome found that screen time was up 50%. Nearly a year later, that percentage hasn't budged, according to new figures from the firm.

Why it matters: For most parents, pre-pandemic expectations around screen time are no longer realistic. The concern now has shifted from the number of hours in front of screens to the quality of screen time.