Berkshire Hathaway, owner of Pilot Co., announced in its recent earnings report that it plans to develop a nationwide EV fast charger network of 2,000 charging stations in 500 U.S. Pilot locations by 2026.

The first thing we noticed in this announcement is the name of the announcer. Berkshire Hathaway belongs to Warren Buffett, and you know he does not make mistakes investing his money.

So, banking on expansion of the EV charger network when the government support for “green” initiatives dried out, could mean only one thing: Mr. Buffett sees a great financial opportunity in the EV charging station business.

This is important to know for all the convenience store operators who are still deciding if the investment of this sort will be recouped, and – hopefully – make them some money.

The example of Pilot’s New Horizon initiative that will invest one billion dollars in rebranding and modernizing up to 400 stores, adding EV chargers to these locations, gives us a fresh dose of hope.

But not many of us are gifted with investment acumen at a level approaching Mr. Buffet’s – and each individual location has its own promises as well as challenges.

To make a smart decision and make business location analysis for your EV charging facilities, it helps to contact location intelligence experts – like Ticon. When you need to make a decision about a site – with or without EV chargers - Ticon gives you the most reliable, accurate and granular data you can find. Traffic counts, demographic and economic stats, sales estimations – we have it all for you!