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Briefing

Couche-Tard expands its at-home EV charging business across Scandinavia

CEO Brian Hannasch said on Wednesday’s earnings call that there are now 80,000 monthly EV charging transactions at its stores in Norway. The country is home to its EV research lab and at-home charging business, and the majority of passenger vehicle sales there are already zero-emission vehicles. (The Logic)

Briefing

Couche-Tard expands its at-home EV charging business across Scandinavia

By Anita Balakrishnan
Jun 30, 2021
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CEO Brian Hannasch said on Wednesday’s earnings call that there are now 80,000 monthly EV charging transactions at its stores in Norway. The country is home to its EV research lab and at-home charging business, and the majority of passenger vehicle sales there are already zero-emission vehicles. (The Logic)

Talking point: Couche-Tard previously said it has more charging stations and home and office chargers than any other fuel retailer in Norway, and that it would expand that model to North America. The company launched a two-level store and dining hall in Norway—mirroring Tesla CEO Elon Musk’s idea to build restaurants at charging stations, where refueling can take longer than filling a petrol tank. Meanwhile, the company also said on the call that the Colonial Pipeline cyber attack forced it to find alternate suppliers and shuffle resources to get traditional fuel to customers ahead of the May holiday weekend.

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