{"id":14071,"date":"2023-12-11T13:28:44","date_gmt":"2023-12-11T18:28:44","guid":{"rendered":"https:\/\/pditechnologies.com\/?p=14071"},"modified":"2023-12-11T13:28:44","modified_gmt":"2023-12-11T18:28:44","slug":"ev-convenience-trends-2024","status":"publish","type":"post","link":"https:\/\/pditechnologies.com\/blog\/ev-convenience-trends-2024\/","title":{"rendered":"EVs and Convenience: Trends to Expect in 2024"},"content":{"rendered":"\n<p>We asked several PDI business leaders to share their predictions on the potential impact of the energy transition and EVs across the convenience retail industry.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-paragraph-styles has-gray-alt-3-color has-text-color has-foxtrot-font-size\" id=\"h-here-s-what-they-had-to-say-about-global-ev-industry-trends-in-2024\" style=\"letter-spacing:0px\">Here\u2019s what they had to say about global EV industry trends in 2024.&nbsp;<\/h2>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\"><strong>A wider range of energy offerings<\/strong>&nbsp;<\/h3>\n\n\n\n<p>\u201cFor convenience retailers, the acceleration of EV adoption will necessitate major changes. Success will require serving both ICE and EV consumers for decades and pivoting to becoming an energy provider offering a range of fuels, including electric charging, other renewable options, and, yes, even gasoline.\u201d &#8211; <strong>Bethany Allee, SVP, Marketing and Education <\/strong><\/p>\n\n\n\n<p>Read more from Bethany in her <a href=\"https:\/\/pditechnologies.com\/author\/bethany-allee\/?tag=energy-transformation\">EV blog series<\/a>.&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">The c-store as a destination&nbsp;<\/h3>\n\n\n\n<p>\u201cRetailers already winning at foodservice understand the c-store as a destination, which we\u2019ve seen with success first in the highly competitive European and Asian markets and now throughout North America. The need to prioritize additional amenities beyond fuel will continue as c-stores cement their relevance to consumers of all kinds, no matter if they\u2019re driving internal combustion engine, electric, or other types of vehicles.\u201d\u202f- <strong>Justin Baxley, Vice President, Retail Product Management <\/strong><\/p>\n\n\n\n<p>Hear more from Justin in the <a href=\"https:\/\/pditechnologies.com\/resources\/webinar\/2024-convenience-store-industry-trends\/\">Trends webinar<\/a>.&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">Investment in new infrastructure&nbsp;<\/h3>\n\n\n\n<p>\u201cAlthough a completely electric driving future may be decades away, retailers and wholesalers should start preparing to better serve their customers who are increasingly adopting EVs. Many large c-store operators have already begun investing in new infrastructure with an emphasis on charging stations to meet this evolving demand.\u201d &#8211; <strong>Patrick De Haan, Head of Petroleum Analysis at <\/strong><a href=\"https:\/\/www.gasbuddy.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>GasBuddy<\/strong><\/a><strong>, a PDI company&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">The need for leaner operations&nbsp;<\/h3>\n\n\n\n<p>\u201cThe best way to navigate economic and geopolitical uncertainty and prepare for the energy transition is to run lean operations. Marketing\u2014especially loyalty marketing\u2014will play an integral role in ensuring that any investments into foodservice, EV charging stations, hydrogen pumps, or other innovations reach consumers where they are while building brand affinity to help retailers remain relevant in the new era of convenience.\u201d &#8211; <strong>Dimitra Farou, Regional Marketing Manager, EMEA\/APAC\u202f<\/strong>&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">The advantage of real estate&nbsp;<\/h3>\n\n\n\n<p>\u201cThis is a very unique moment in time for our industry. C-stores have much more leverage than we think because they have the real estate. And what doesn\u2019t exist in EV charging is real estate. The risk c-stores run is that the consumer you have today who switches to an EV may not be your consumer tomorrow if you don\u2019t have the infrastructure they want because someone else is built to do it.\u201d &#8211; <strong>Drew Lipsher, Energy Transition Senior Advisor<\/strong>&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">Demand for more sustainable options&nbsp;<\/h3>\n\n\n\n<p>\u201cAs the energy movement continues, retailers are in the unique position to get ahead and embrace the challenge. When we think about it from a sustainability lens, we know that the interest and demand for more sustainable choices continues to be important. These concepts go hand in hand with how retailers can leverage EV trends while thinking through sustainability goals.\u201d &#8211; <strong>Maryann Michela, Senior Director, Products and Operations <\/strong><\/p>\n\n\n\n<p>Learn more about PDI <a href=\"https:\/\/pditechnologies.com\/engage-customers\/sustainability-solutions\/\">Sustainability Solutions<\/a>.&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">Convergence of EV drivers and c-store shoppers&nbsp;<\/h3>\n\n\n\n<p>\u201cThe EV ecosystem has a long road ahead of it to reach maturity. Many bottlenecks must be overcome as it matures, from raw material sourcing to car batteries, power grid reliability, and more. As the reality of these challenges surfaces, some regulatory pressure and even the level of demand has cooled a bit. But we all know that this transformation is going to progress. To charge new electric vehicles, everyone from retailers to technology providers to utilities is stepping up to the challenge and innovating. Investment continues to pour into public charging infrastructure, with convenience retailers playing a critical role in this evolution, so we\u2019ll see business models soon reflect the convergence of an EV driver with a c-store shopper.\u201d &#8211; <strong>Jay Warner, VP, Strategy and Corporate Development <\/strong><\/p>\n\n\n\n<p>Hear more from Jay in his <a href=\"https:\/\/www.youtube.com\/watch?v=CjX0juWH75c\">Energy Transition video<\/a>.&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__16 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-echo-font-size\">Continued consolidation across the globe&nbsp;<\/h3>\n\n\n\n<p><strong>\u201c<\/strong>Expect to see continued consolidation across the globe in 2024 as successful convenience retailers accelerate the growth of their footprint and consumer base. Pay particular attention to the energy transition, as market leaders of various sizes start to scale for EVs while maintaining their fuel operations to serve the majority of drivers in the foreseeable future.\u201d &#8211; <strong>Thomas Wightman, SVP, Strategy and Corporate Development<\/strong>&nbsp;<\/p>\n\n\n\n<div class=\"mbm-spacer mbm-spacer__32 mbm-spacer__sm-32 mbm-spacer__md-48 mbm-spacer__lg-64 wp-block-mbm-responsive-spacer\"><\/div>\n\n\n\n<div class=\"mbm-card wp-block-mbm-card has-background has-gray-alt-1-background-color has-border border-radius__0 padding__md\">\n<h2 class=\"wp-block-heading has-delta-font-size\">Position your business for continued success<\/h2>\n\n\n\n<p>By \u201c<a href=\"https:\/\/pditechnologies.com\/our-story\/\" target=\"_blank\" rel=\"noreferrer noopener\">Connecting Convenience<\/a>\u201d across the industry ecosystem, PDI can help you and your business succeed regardless of what market dynamics you face in 2024.\u202f<a href=\"https:\/\/pditechnologies.com\/contact-us\/\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us today<\/a> to learn how we can help you transform your business.<strong>&nbsp;<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PDI business leaders share predictions on EV trends in the convenience retail industry for 2024. How will EV technology and the market evolve?\u200b<\/p>\n","protected":false},"author":47,"featured_media":14083,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_eb_attr":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[144,184,185,21,24],"pdi_resource_tier":[],"class_list":["post-14071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-convenience-retail","tag-e-mobility","tag-energy-transformation","tag-loyalty","tag-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v25.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Convenience Industry Leaders Share 2024 EV Trends | PDI Technologies, Inc.<\/title>\n<meta name=\"description\" content=\"\u200b\u200bPDI business leaders share predictions on EV trends in the convenience retail industry for 2024. 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