7-Eleven introduces 7Charge electric vehicle charging network
The retailer will still use third-party EV charging infrastructure as it expands its first-party 7Charge network, which it said will help it match growing consumer demand for EVs and bring EV charging to areas without it.
More than 13,000 7-Eleven stores are located in the U.S. and Canada, which are a mix of operated, franchised and licensed locations. It also operates and franchises the Speedway and Stripes banners, which will also get the 7Charge network, as well as the Laredo Taco Company and Raise the Roost Chicken and Biscuit restaurant concepts.
Once synonymous with gasoline, c-stores are beginning to add more EV charging options to their locations. As Retail Leader recently reported, Buc-ee’s future Virginia store will have two dozen charging stations for Teslas.
Globally, electric vehicles are anticipated to make up 26% of all cars sold by 2030, 72% by 2040 and about 82% by 2050, according to a 2020 study by Morgan Stanely. The global electric vehicle charging market is projected to reach around 123 million units in 2030, up from about 1.46 million units in 2021, according to data from Next Move Strategy Consulting.