Do EV charging trends signify the end of the fuel station as we know it?

Big Oil is branching out into the electric vehicle charging market. How will this impact the evolution of fuel station forecourts as EV usage continues to rise? By Betti Hunter

The growing fleet of EVs on our roads requires a reimagining of the fuelling infrastructure. Many new business models are being explored and trialled, and new players have stepped into the fray. Energy companies, automakers and governments are figuring out how they fit into the picture, either by forming partnerships or going it alone. For a while, the oil and gas industry looked in danger of being left behind. In 2018, the Bank of America predicted that 58 million EVs will be on our roads by 2038, and many analysts forecast that the oil market will experience a rapid drop in demand from 2021 onward.

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