ALIMENTATION COUCHE-TARD

- The electrification of cars will have a big impact on gasoline stations.
- This was a nice [piece](https://www.hardingloevner.com/the-future-of-charging-strange-things-are-afoot-at-the-circle-k/?utm_source=ActiveCampaign&utm_medium=email&utm_campaign=fundthink03-22) analysing this impact.
- It is from Harding Loevner, using Circle K (owned by Alimentation Couche-Tarde $ANCTF) in Norway (which has electrified faster than other countries) as their case study.
- Positives – charging takes a lot longer = higher conversion to spending customer + longer in store.
- “_About 15% of gasoline customers venture inside to make additional purchases during their car’s few minutes at a Circle K pump, while 40% of EV drivers do so during the 20–30 minutes their vehicle is charging._“
- Negatives – three quarters of charging is done at home.

https://www.hardingloevner.com/the-future-of-charging-strange-things-are-afoot-at-the-circle-k/?utm_source=ActiveCampaign&utm_medium=email&utm_campaign=fundthink03-22

Electric vehicles and gasoline stations

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