Co-locating EV charging stations with retail businesses and restaurants proves to be one of the most profitable strategies for expanding electric vehicle infrastructure, according to experts at a recent Center for Climate and Energy Solutions webinar.

Charles Satterfield, senior project manager at Atlas Public Policy, emphasizes that the indirect revenue from increased customer visits and extended stay times typically exceeds the direct income from charging fees. This dual-benefit approach creates a sustainable funding model for EV charging infrastructure.

EVgo's success with grocery store partnerships highlights the effectiveness of this strategy. Jonathan Levy, an EVgo executive, notes that DC fast chargers generally deliver better results for retailers compared to slower Level 2 charging options.

Key takeaways:

• Retail co-location increases both charging station profitability and retail sales
• Indirect revenue from retail sales outperforms direct charging fees
• Grocery stores show particularly strong results with EV charging stations
• DC fast chargers are more effective for retail locations than Level 2 chargers

This business model demonstrates a promising path forward for sustainable EV infrastructure development, benefiting both charging providers and retail partners while expanding access to charging stations.

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