Tooney
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I also asked Happel what happens to the chargers that are on the other networks that currently operate on Walmart properties. Electrify America, for instance, has many of its sites on Walmart grounds. Haddad said that Walmart's partners have been great to date, and as they continue to grow the Walmart network, they will reassess how they move forward with their partners.
. . .
Walmart currently operates over 4,600 stores and over 600 Sam’s Clubs in the United States, giving it over 5,200 potential locations. In fact, over 90% of the US population lives within 10 miles of one of its stores, and the remaining <10% live mostly in extreme rural areas where electric vehicle adoption is currently very low.
That fact is important because one of the biggest challenges EV charging networks face is securing locations. Until now, every EV charging network has had to search for potential locations, contact the property owner, and attempt to negotiate a long-term lease deal for dedicated parking spaces to install its chargers and power cabinets. The new Ionna network is a slight exception because it is purchasing the properties for some of its locations, which are typically abandoned gas stations, which we love to see.
Walmart owns most of the real estate where the stores sit, so it doesn’t need to find locations or ask anyone for permission. Plus, as utilization increases, it can simply add more chargers to accommodate more EV throughput without an issue. No other network can do that.
Another challenge facing EV charging networks is the extraordinary capital needed for each site. The cost of a single 10-stall 350 kW DC fast charging site can cost $300,000 to over $500,000 in some cases. Walmart’s 2025 revenue is projected to be over $700 billion, so allocating whatever funds are necessary to build a comprehensive nationwide network isn’t a question of can they, it’s will they.
Additionally, since its retail stores are on-site, so are its employees. So if an EV charging customer needs help, a trained Walmart employee will be there to assist during business hours, which typically range from 6:00 am to 11:00 pm.
https://insideevs.com/news/757648/walmart-ev-charging-network-revealed/
. . .
Walmart currently operates over 4,600 stores and over 600 Sam’s Clubs in the United States, giving it over 5,200 potential locations. In fact, over 90% of the US population lives within 10 miles of one of its stores, and the remaining <10% live mostly in extreme rural areas where electric vehicle adoption is currently very low.
That fact is important because one of the biggest challenges EV charging networks face is securing locations. Until now, every EV charging network has had to search for potential locations, contact the property owner, and attempt to negotiate a long-term lease deal for dedicated parking spaces to install its chargers and power cabinets. The new Ionna network is a slight exception because it is purchasing the properties for some of its locations, which are typically abandoned gas stations, which we love to see.
Walmart owns most of the real estate where the stores sit, so it doesn’t need to find locations or ask anyone for permission. Plus, as utilization increases, it can simply add more chargers to accommodate more EV throughput without an issue. No other network can do that.
Another challenge facing EV charging networks is the extraordinary capital needed for each site. The cost of a single 10-stall 350 kW DC fast charging site can cost $300,000 to over $500,000 in some cases. Walmart’s 2025 revenue is projected to be over $700 billion, so allocating whatever funds are necessary to build a comprehensive nationwide network isn’t a question of can they, it’s will they.
Additionally, since its retail stores are on-site, so are its employees. So if an EV charging customer needs help, a trained Walmart employee will be there to assist during business hours, which typically range from 6:00 am to 11:00 pm.
https://insideevs.com/news/757648/walmart-ev-charging-network-revealed/
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