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How retailers can increase revenue with EV charging infrastructure

Retailers can attract more customers, boost revenue and increase time spent at their shops by installing EV charging stations.

At a glance

Retailers can attract new shoppers, boost revenue and enhance customer experience by offering EV charging stations. Charging increases dwell time, and integrating charge management solutions streamlines operations and reduces costs.

As electric vehicle adoption surges across Europe, retailers have the opportunity to attract more customers and bolster their revenue by offering EV charging stations to shoppers.

Here’s how retailers can strengthen their business with EV charging infrastructure.

Attract new customers

As the number of EV drivers increases, the demand for public charging stations grows too. Drivers will more likely choose retail locations that have charging facilities, especially for longer shopping trips. This is an opportunity for retailers to tap into this expanding customer segment, and attract them to their stores. Ignoring this segment of drivers might mean they will frequent other places where they can charge.

When you have public charge points, they get listed on charging apps and maps apps, making them easily findable for new customers.

Attract environmentally conscious guests

Eco-conscious drivers are attracted to establishments that support their own commitment to sustainability. Additionally, establishments with charging infrastructure enhance their own brand image by supporting EVs.

Increase dwell time

EV charging can take a few hours, encouraging customers to spend more time at your establishment. This can lead to an increase in spending, and therefore more revenue.

Improve customer experience

Offering charging stations makes it convenient for customers who drive EVs to visit your establishment. It reduces range anxiety, giving shoppers peace of mind.

Use a charge management solution

You can drive more revenue and reduce your operational time by integrating with a reliable charge management solution. A charge management platform can help you monitor your charging stations, simplify payments, and manage energy consumption. A platform like E-Flux also lets you set different charging tariffs (for example, for different drivers or at certain times of the day). E-Flux also offers 24/7 support to drivers so that you can focus on your business, and the ability to optimise energy usage during peak hours to save costs.

Incentives and subsidies for charge stations

Governments in many regions offer financial incentives to businesses that invest in public EV charging infrastructure. These grants and subsidies can reduce the upfront costs of installation, making it easier to take on the implementation of charging infrastructure.