Service Station Owners Are Facing a Billion Dollar Problem

Rising fuel prices are not great for business. Station owners face a bigger problem, one that represents an existential threat to their livelihood. Electric vehicles only make up around 1% of all cars on the road but nearly half of consumers say they would consider buying one in the near future. For station owners, installing EV chargers involves ripping up pavement and laying down cables and the cost can run upwards of a hundred thousand dollars.