Gas stations across the country are facing a tough decision. Is it time to invest in costly EV charging stations to future-proof their business?
The cost of installing electric vehicle charging stations is expensive and as of right now, it doesn't make a huge amount of financial sense for most gas stations. However, it could possibly help to future-proof businesses as auto manufacturers push towards more electrical vehicles with a goal of phasing out petroleum-powered cars sometime in the future. However, with charging stations costing in excess of $100,000 each before factoring in additional construction costs many gas station owners say they just cannot justify the cost.
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