100 Times As Many Electric Car Chargers By 2020?

Kroger (NYSE:KR) and 7-Eleven are already experimenting with installing electric-car fast chargers at their stores. A lot more retailers may need to follow suit—a new report from IHS says that by the year 2020 there will be 100 times as many charging stations in the U.S. as there are today, rising from 1,800 at the end of 2012 to 199,000 by the end of this decade. That's a boon for drivers but could also drive retailer traffic. The stations take 20 to 30 minutes to charge a vehicle, which makes them better for some retailers than for others—a grocery-shopping trip is fine, while a convenience-store run may require too little time inside the store. On the other hand, a driver running low on juice might not mind just standing around draining a Big Gulp. Story

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