How did we get from a situation where you could just pay with cash/card for fuel to having monopolized single-brand car fueling stations?
When it started taking 30 minutes to "fill up" your car. High speed chargers can cost >$200k installed. A gas pump costs about $25k installed. If the average person spends 4 minutes at a pump, that comes out to: The time value of a slot at a super charger can be >$5 for each charge. The time value of a slot at a gas pump is ~$0.07 per fill up. The economics of a charging business are awful. High CapEx, few cars, not…
I think charging stations have an asset that you have neglected to consider: a captive audience.
Yeah, there will always be people who plug in their car and then scroll for half an hour. But there are also people who would be interested in grabbing a bite to eat, walking around, spending money on something dumb, etc. Having a charging station be a place that you can spend money on human amenities in addition to charging improves the economics.
But instead our charging stations are like, three plugs in the back of a hotel parking lot.