MONEY & LIFE

What Will the Gas Station of the Future Look Like?

By: Kaydee Ambas · August 04, 2023 · Reading Time: 3 minutes

Redesigning a Staple

For something first introduced in 1905, gas stations have remained surprisingly unchanged for more than a century: pumps, canopies, concrete, convenience stores.

The rise of electric vehicles presents a unique opportunity to reimagine — and perhaps even improve — the modern gas station.

What if gas stations weren’t just a place to stop and refuel quickly? What if they were a place where, in addition to recharging your car, fuel stations were a place where you could mentally and physically recharge yourself?

Electrifying Makeover

The current ratio of EVs to chargers sits at 24 to 1, according to the International Energy Agency. In other words, the US needs more charging stations to support or encourage the influx of new EV drivers — not to mention providing convenience to existing ones.

To address this issue, the Biden administration dedicated billions of dollars to support national electric vehicle infrastructure. The White House’s goal is to open 500,000 new charging stations by 2030.

With the floodgates officially opened, carmakers, architects, designers, and EV enthusiasts are all chiming in on the best way to design those stations.

Watt’s Next?

Recharging an EV takes a lot longer than gassing up a car — typically, commercial chargers can take anywhere from 20 minutes to several hours. So many proposed EV charging station designs center on the idea of relaxation.

Some of the most popular designs include health and wellness amenities, green spaces, spas, community areas, cafés, shops, game rooms, children’s play areas, and plant-filled courtyards. Tesla (TSLA) even designed a charging station that doubles as a diner and drive-in theater.

For over 100 years, gas stations have been a necessary amenity to help travelers get from one destination to the next. But it might not be long before charging stations are a destination in and of themselves.

Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!

Check it out


Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
SOSS23080402

TLS 1.2 Encrypted
Equal Housing Lender