1、uncommon senseTMThe forecourt of the futureHow electric vehicles will shape the industry02|OC&C The forecourt of the futureFuel station forecourts have been a fixture of our urban landscape and highways for decades,a welcome port of call on a long journey or a convenient spot to quickly refuel in th
2、e middle of school runs and supermarket shops.But anyone paying attention to the rise of electric vehicles(EVs)on our roads may wonder whether the forecourt will have a place in the landscape of our future.We believe it has,albeit not in an identical format to how we experience them today,and indeed
3、,forecourts will face strong competition from a range of other locations to recharge EVs.Yet,our research indicates that the likely decrease in forecourt footfall will take time to become significant and does not necessarily mean operators will see their profits decline in a similar way.OC&C The for
4、ecourt of the future|03Aside from during the Covid-19 pandemic,EV vehicle ownership has been steadily rising for several years,and will only accelerate as European nations develop charging infrastructure and make progress towards their net zero commitments.The race to net zeroSource:IEA;OC&C analysi
5、sTOTAL ANNUAL EV CAR SALES(EX PHEV),SELECTED EUROPEAN COUNTRIES,2016 20262016A2016A2016A2016A2016A2016A2021A2021A2021A2021A2021A2021A2026F2026F2026F2026F2026F2026F360K11K1,366K22K170K721K190K871K2K25K205K1K67K63K353K4K291K+101%P.A.+31%P.A.+51%P.A.+34%P.A.+77%P.A.+66%P.A.+117%P.A.+73%P.A.+36%P.A.+39%
6、P.A.+52%P.A.+36%P.A.Compound annual growth rate(%)11KA=annualF=Forecast.04|OC&C The forecourt of the futureIts easy to overestimate the effect of EV adoption on the total car fleet.We estimate around a quarter of all cars across Europe will be EVs by 2030,but there will be significant variation betw