I’ve always wondered why oil companies and fossil fuel station brands don’t enter the EV battery and recharging game. Thankfully, I no longer have to wonder. Because at least one is dipping its toe into the electric vehicle recharging business.
- Chevron is partnering with EVgo to install EV chargers are select fueling stations.
- The program is rolling out in California, but it seems likely the program will continue as EVs become more common.
Together with EVgo, Chevron is adding more than 12 EV fast chargers to five of its corporate-owned and operated stations across California.
The first station to go online is in Menlo Park. However, four others are either planned or are under current construction. They include locations in Los Angeles, San Francisco, Aliso Viejo, Manhattan Beach, and Venice. EVgo says the remaining locations will open in the next few months.
“We are excited to be working with EVgo to install electric vehicle charging stations at select locations in California,” Alice Flesher, general manager of Chevron’s company-owned and operated network of fuel stations, said in a prepared statement. “While gasoline and diesel remain an important part of California’s transportation energy mix, we are always exploring how to evolve our offering, helping improve the consumer experience and working to remain the preferred brand choice on the West Coast.”
Hopefully, this pilot program proves beneficial for Chevron and it spurs the gasoline and diesel provider to give EVs another look. That, or at least push it to open more EV charging stations.
Circling back to my opening statement, I can’t imagine why oil companies didn’t jump into the EV market a decade ago — at least the battery supply market. EV batteries require drilling and mining, like the oil companies are used to. What’s more, they have so much spare cash lying around, they could spend a ton of and corner the battery market.
Even if EVs don’t become a big part of their business for decades, at least they’d be hedging their bets against the future. I doubt oil will ever go away. At least in the transportation sector, though, it’s bound to diminish in prevalence and profitability. So kudos for Chevron for at least trying. I hope it continues to support EVs in the future.