Grocer, Fuel Marketer Meijer to Add Hundreds of EV Charging Stations -- OPIS

Dow Jones11-20 01:49
 

Meijer, a large Midwest grocery chain and fuel marketer, has expanded an arrangement with electric vehicle charging network EVgo to deploy up to 480 new fast EV charging stalls at its stores, the company said in a Tuesday news release.

The new public charging stalls will be at Meijer properties in Michigan, Illinois, Wisconsin, Indiana, Ohio and Kentucky. Meijer said EV charging is growing in the Midwest.

The company offers EV charging at more than 35% of its locations. The family owned and operated retailer has over 500 supercenters, grocery stores, neighborhood markets and express locations across the Midwest.

EVgo has installed 24 public fast charging stalls at six Meijer stores in Michigan and Ohio. As part of an expanded relationship, EVgo expects to open 30 new stations at Meijer stores by the end of 2026 and 30 more stations by the end of 2027, the release said.

"Access to electric vehicle charging is an essential pillar of our broader sustainability goals," Erik Petrovskis, Meijer's director of environmental compliance and sustainability, said in the release.

In addition to EV charging, Meijer said it is reducing its carbon footprint with various initiatives focused on energy efficiency and renewable energy. In September 2024, the retailer announced it had surpassed its goal of reducing its carbon emissions by 50% one year ahead of schedule.

Meijer's fuel operations rank seventh in store brand market share by visit counts in the Great Lakes region at 4.93%, according to OPIS MarketSharePro.

The company's fuel outlets are selling gasoline at an average of 3cts/gal below market in the region, OPIS data show.

The expanded Meijer partnership is part of EVgo's plan to provide a nationwide charging network. EVgo is one of the largest public charging networks in the U.S., with more than 1,000 fast charging locations in 40 states.

 

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

 

--Reporting by Donna Harris, dharris@opisnet.com; Editing by Jeff Barber, jbarber@opisnet.com

 

(END) Dow Jones Newswires

November 19, 2024 12:49 ET (17:49 GMT)

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