- 15 Nov
EVs becoming mainstream
NACS published an interesting article titled “EVs Are Hitting the Mainstream“. Here are some highlights:
- EV purchasers have morphed from tech aficionados to “the early majority, which is when the first sizable segment of the population begins to adopt the innovation”
- Sales of EVs are up 70% YOY through September 2022 as compared to ICEs where sales are down 15%
- Chevy is one of multiple car companies that are introducing EVs in the $30,000 price range next year
- Safe, readily available charging stations are still a concern
It’s this last bullet that is relevant to the c-store industry. Fuel retailers would be wise to follow industries such as Casey’s, Maverik, Sheetz, and Spinx, and focus their attention on adding charging stations in strategic locations.