I’m looking at Shell’s Investor Day materials and they make a great point on page 34 that I think is overlooked in the retail recharging EV debate (upper right panel if you look it up). Someone with an EV makes 2x the visits to a retail facility than someone with an ICE engine. Retail stations make lots of money through in-store sales — more visits, more opportunities for sales. I’m wondering if other retail gas/diesel players transition to this model if it will rapidly expand volumes. Any opinions on this?
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