Why 25% of Fuel Stations Could Disappear by 2035, and Which Ones Will Survive - Driivz
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Between the two industrial revolutions of our time – energy and transportation – our robust and global EV charging management platform is unlocking the future of energy management.
Duracell E-Charge
Sheetz
ON the RUN Charging
ezVOLTz
Greenspot
Kople
ST1
ESB
Recharge
CEZ Group
Francis Energy
ElaadNL
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Why 25% of Fuel Stations Could Disappear by 2035, and Which Ones Will Survive
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Posted By Rami Honig<br>February 24, 2026
Key Takeaways
Up to 25% of fuel stations could close by 2035, with fuel profits declining up to 60% in EV-dominant markets, but the EV charging value pool is expected to reach $120-180 billion globally by 2030.
Early movers in the US (Wawa, Sheetz, 7-Eleven) and Europe (Shell, St1, Circle K) are already redesigning locations around the EV driver experience and capturing new revenue.
EV owners enter convenience stores at rates 45% higher than gasoline customers, with average food spend rising 25%, turning longer dwell times into a retail advantage.
Hardware-agnostic EV charging management software is the strategic differentiator that determines whether a fuel retailer scales profitably or struggles with downtime and vendor lock-in.
The Fuel Industry is at an Inflection Point
A perfect storm of market forces is threatening the viability of the traditional fuel station: by 2035, up to a quarter of all sites could close, and fuel profits in EV-dominant markets may decline by as much as 60%. This dramatic projection, citing BCG analysis in The Driivz EV Charging Platform Selection Guide, means total fuel retail profits are set to drop by 30% by 2035.
This risk is highest for service stations in rural and residential areas where home charging is common. While these current economics are challenging, this inflection point also creates a massive opportunity for the fuel retailers who are willing to pivot now.
Current economics are challenging. Driivz reports that over 97% of U.S. convenience stores selling gasoline are independently operated, with net profit per gallon at about 1% of the pump price. The IEA’s Global EV Outlook 2025 notes global electric car sales exceeded 17 million in 2024, accounting for over 20% of sales. The IEA projects EV sales shares will surpass 40% by 2030, reaching about 80% in China and nearly 60% in Europe.
Despite these challenges, significant opportunities exist. The guide further estimates the global EV charging value pool will...