RE:RE:I hope SU is paying attentionExperienced:
Very sound reasoning on your part as currently, 96% of EV owners charge at home.
Food/Gas convenience stations make the lion's share of their profit on the Food convenience component.
Here are a couple of things to consider:
1) As the demand for gasoline drops (and it will on a S curve in the next few years), the need for drivers to stop at gas stations will diminish. Therefore, the convenience chains will NEED to have both gasoline and EV chargers to attract as many customers as possible.
Currently, most Tesla SuperCharger customers only need to spend about 5 minutes for a charge from 20% up to 80%. Unlike gasonline filll ups, EV batteries at this point in time discourage charging past 80% unless you know need to maximize the distance between fill ups.. In fact, EV chargers slow down dramatically after 80%. The five minutes up charging time doesn't require the customer to stay by the car which gives customers a chance to go into the convenience store and spend money.
2) EV charging costs at "stations" are going to fall steadily over time. That means EV owners will be more likely to go to "stations" rather than charging at home. In fact, I can envision a time when you can charge your EV for free if you shop in the store in a similar manner to how Walmart shoppers and other chain stores will be able to charge for free if they shop. I don't think many people realize how inexpensive EV charging is going to be in the future.
The speed of transition from ICE to EV vehicles is going to ramp up much faster going forward. The biggest fear of EV's for consumers has been refueling reliability and timing That fear is going to go away much faster than virtually anyone realizes it. BP sees it. EG Group sees it.
I hope SU figures it out before it is too late. SU certainly has the money to invest in EV chargers and surely the money would be better spent on chargers than buying back a few more shares each year than they issue as options to insiders.