Convenience stores are slow to add EV chargers

October 19, 2022

High electric utility fees are inspiring convenience stores with gas pumps to take their time installing charging stations for electric vehicles. Iowa-based Kim and Go first installed an electric charger at one of its stores in 2008. Today, it only has chargers at 35 of its 400 stores. Jacob Maass, commercial fuels manager at Iowa-based Kum and Go, said the retailer is negotiating with utilities to get costs lowered to the point that it makes sense to install and operate chargers.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.