The EV transition
An analysis from Boston Consulting Group found that between 25 and 80 percent of gas stations nationwide could be unprofitable in 12 years — and that analysis was conducted in 2019, before a slate of new policies, including federal tax credits, were passed to promote electric vehicles.
From Grist.
It's not as simple as gas stations becoming charging centers because most people will charge at home (no one fills up their car with gas at home each night) and charging on the road takes longer and so is more likely to be coupled with things besides a convenience store.
Apparently repurposing the sites is easier said than done because of the contamination from the underground gas tanks.
2023-06-23