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forecourttech April 19

A monthly technology magazine for the evolving retail forecourt.

A monthly technology magazine for the evolving retail forecourt.

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<strong>forecourttech</strong><br />

pagetwelve<br />

Electric vehicles<br />

As car manufacturers and governments look for ways to<br />

meet global climate targets, electric vehicles are being<br />

viewed as a possible solution to the problem. This in itself<br />

requires a huge change in consumer habits with even the<br />

fastest chargers on the market taking around 20 minutes to<br />

charge the battery to 50%, considerably longer than refuelling<br />

with petrol or diesel.<br />

“We all know it will change our industry, it will turn things<br />

upside down,” said Mark.<br />

“It might take a while but more and more I believe it will<br />

happen sooner than most of us think. Companies like BMW<br />

announced that in just a couple of years time they will have<br />

a fully electric model in every range. If all car manufacturers<br />

adopt a similar approach then this will really change the<br />

dynamic. If suddenly manufacturers are mass producing<br />

electric vehicles then we will see a reduction in price and<br />

more electric vehicles on the road. Retailers are aware of<br />

these changes and they are all looking in to what the future<br />

might hold.”<br />

With longer wait times this produces a unique opportunity<br />

for retailers to draw customers in to the stores, but just<br />

because they are there with nowhere else to go, it does not<br />

guarantee they will engage with the store.<br />

“On a recent trip to Norway I visited a petrol site that had<br />

10 chargers on the rear parking lot. It was lunchtime and all<br />

10 were occupied but all of the drivers were sat in the car<br />

on their phones, none were in the store. If a customer goes<br />

to a site and spends 30 minutes on charge but not in the<br />

store then it becomes clear that they don’t have the right<br />

infrastructure,” explains Mark.<br />

Destination forecourt<br />

“Traditionally you would you go to a c-store either because<br />

it is the only one open and everything else is closed or it is<br />

conveniently located on your journey. Suddenly with developing<br />

technology this called all disappear. If you have an at<br />

home electric charger, you won’t need to fuel anymore and<br />

if the likes of Amazon can deliver emergency purchases<br />

within an hour, you have no reason to go out. This means<br />

the fuel retail site has to become a destination not a stop<br />

over,” explained Mark.<br />

“We need to start thinking about destinations rather than<br />

c-stores. For rural communities a fuel station can become<br />

a community hub or due to more and more people working<br />

In a world with self drive cars, who decides<br />

where to stop and refuel?<br />

#<strong>forecourttech</strong> @<strong>forecourttech</strong> www.<strong>forecourttech</strong>.com

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