Death of the servo

From an ABC bit about servo’s and climate change.

To survive, the service station will have to change.

In 2019, management consultancy Boston Consulting Group (BCG) studied the global fuel retail industry and published a report that sent shockwaves through the industry: when most cars were EVs, it said, most service stations would be unable to turn a profit.

Under the most extreme scenario, 60 to 80 per cent of service stations could be unprofitable by 2035, unless they change their business models.

Must admit I hadn’t thought of this, even though one of the things that draws me to buying an electric car is the idea of running it for ‘free’ from my rooftop solar panels.

The reports reckons that in Oz 80% of charging would be done at home, and a lot of the rest at public or semi public charging stations; think, Woolies or Bunnings, with their roofs full of panels. They could even ‘give away’ the power as a loss leader.

Chances are that some of the bigger road houses will turn into charging and service hubs, as the story says, but the inner city and suburban servo’s will probably end up as apartment blocks.