Shell Unveils Triple 10 EV Concept and Consolidates E-Mobility Under Shell Recharge

Ittirit Nice Corporation Public Company Limited, or ITTHI, has unveiled its three-year JUMP+ Plan to boost corporate value over 2026–2028, targeting net profit of 200 million baht by 2028, more than a sevenfold increase from net profit of 28.18 million baht in 2025. The company aims for revenue growth of 40% in 2026, rising to 45% in 2027 and 50% in 2028, while EBIT margin is targeted to rise from 5.36% in 2025 to 20%, 22%, and 24% respectively. Its core strategy focuses on capturing government project work and building partnerships with real estate developer groups, while expanding into specialised project work for hospitals, educational institutions, hotels, and the industrial sector. For 2026, the company aims to generate revenue from innovative lighting products, solar power systems, smart home technology, smart streetlights, and electric vehicle charging infrastructure, before developing a central platform under the name Smart Lighting Mall in 2028 to bring together a complete product portfolio. It also targets raising the share of electric vehicles in its corporate transport fleet to 50% in 2026 and 100% in 2027.

Green Rain Energy Holdings Inc. announced plans to expand its electric vehicle charging infrastructure with two new locations at Driftwood Hospitality properties in Florida and an exploration of the Las Vegas, Nevada market. The company said it aims to integrate solar energy solutions with high-speed EV charging, part of a broader effort to build a geographically diverse EV infrastructure platform across major urban and commercial markets in the United States. The announcement was issued via GlobeNewswire on 01 October 2026. In other market moves, Jardine Matheson Southeast Asia traded firmly up 10.4% to end the day at SGD29.30, while Schneider Electric lagged, down 10% to close at €272.80, after conducting M&A calls last week regarding its acquisition of PTC Inc. Vistra finished at $144.89, up 3.5%, Tesla closed at $378.73, up 2.2%, and GE Vernova closed at $990.00, up 0.1%.

Switzerland's electric vehicle market is forecast to grow 6.9% annually to reach US$458.7 million in 2026 and approximately US$592.1 million by 2030, a 6.6% CAGR from 2026 to 2030, according to a new Databook Q2 2026 Update report added to ResearchAndMarkets.com. The market is projected to rise from US$429.0 million in 2025, following a 6.5% CAGR during 2021-2025. Federal Roads Office data cited by Swisscharge indicates fully electric passenger cars continued to gain market share in 2025, while plug-in vehicles overtook petrol cars during Q3 2025, with Volkswagen, Skoda, BMW, Tesla, Hyundai, Kia, Renault, Mercedes-Benz and Volvo expanding their electric portfolios. Charging infrastructure is becoming a competitive priority, illustrated by the Porsche Charging Lounge in Signy-Avenex near the A1 between Lausanne and Geneva, developed with GOFAST, while ASTRA launched a 2026 tender for fast-charging infrastructure serving electric heavy goods vehicles along national roads. Competition is shifting toward total cost of ownership, with Volkswagen Group's planned lower-priced EVs and BMW's Neue Klasse rollout expected to intensify competition over the next 2-4 years, and growing used EV supply reducing upfront cost barriers.

Honda and Taisei announced on the 5th that they have developed the foundational technology for a magnetic-field-coupling wireless power supply road system that delivers power contactlessly to electric vehicles while they are driving. Three companies took part in the development: Honda R&D, Honda's research and development subsidiary, and Taisei together with its subsidiary Taisei Rotec, which handles road and paving work. The system supplies power from transmission equipment buried in the road to receiving devices on the vehicle side, and is designed to handle up to the typical maximum speed of expressways. With an eye toward large commercial vehicles, the companies aim first for practical application in the logistics and transport sectors, where adoption benefits are expected, and plan to conduct demonstration tests on expressways from fiscal 2027 onward. Honda began work on the technology in 2021, and the three-company joint research started in 2025. East Nippon Expressway plans to begin demonstrations of in-motion power supply over roughly 300 meters on the main line near the Kimitsu parking area of the Tateyama Expressway from fiscal 2027 onward, with teams from Honda R&D and Taisei as well as teams from Toyota, Denso, and Obayashi taking part.

Daimler Truck laid out what it says Europe needs to move battery-electric and hydrogen trucks from early adopters into mainstream fleets, including public megawatt chargers, truck-ready hydrogen stations and road tolls that reward zero-emission vehicles, with CEO Karin Rådström making the case at the company's Media Night in Hanover, Germany, ahead of IAA Transportation 2026. Mercedes-Benz Trucks held about 38% of Europe's market for locally CO2-free medium- and heavy-duty trucks in the first half of 2026, and customers have driven the eActros 600 more than 160 million kilometers since series production began at the end of 2024. Heavy-duty battery-electric trucks took 2% of Europe's market in 2025, and Daimler Truck estimates about 35% of new trucks would need to run on batteries or hydrogen by 2030 to meet EU CO2 targets. Europe has fewer than 2,000 public truck charge points today, most of them standard CCS chargers, and Rådström said it needs 35,000 megawatt charging points by 2030, along with 1,000 hydrogen stations, up from around 187 today, most of which supply only 350 bar. On cost, she pointed to CO2-based road tolls, saying the toll difference between a diesel truck and an electric truck in Germany comes out to about 33 to 35 cents per kilometer, but only 13 of the EU's 27 member states have adopted CO2-based tolls. Dachser chief development officer Stefan Hohm said the German logistics provider has 25 emission-free delivery areas in Europe and more than 200 battery-electric trucks on the road, including more than 160 Mercedes-Benz Actros models, out of a fleet of more than 15,000, and called grid access and capacity the main pain point. The eActros Lowliner opened for orders Sept. 15, with series production at the Mercedes-Benz plant in Wörth, Germany, set for the second quarter of 2027, and a small series of 100 Mercedes-Benz NextGenH2 fuel-cell trucks enters customer operations from the end of 2026 with Dachser as the first customer. Daimler Truck is asking the EU for an early review of its heavy-duty CO2 regulation, whose 2030 target calls for a 43% cut in CO2 emissions from new heavy-duty vehicles compared with 2019, and puts the cost of falling short at about €120 million in penalties for each percentage point Mercedes-Benz Trucks misses.

The global electric vehicle charging station market is expected to grow from US$ 63.92 billion in 2025 to US$ 33.28 trillion by 2050, according to a Research and Markets report published on GlobeNewswire. The expansion is driven by rapid EV adoption and infrastructure investment, with public authorities, automakers and private investors prioritizing accessible charging networks. Consolidation is underway as energy companies acquire Charge Point Operators to extend geographic reach and infrastructure control, while AI-driven network management and ultra-fast public charging investment aim to improve efficiency. Asia-Pacific, and particularly China, leads with policy support and extensive network development. Separately, Tesla secured credit facilities totaling $30 billion for general corporate purposes on September 29, 2026, and closed at $354.11, down 0.2%.