These 2 ASX companies could profit from the electric vehicle megatrend – Tim Johnston

At the same time as we are seeing global policy initiatives seeking to further accelerate the uptake of electric vehicles, corporate activity in the fuel and convenience retailing sector has stepped up. If the common belief that electric vehicles (EVs) will displace the need for Fuel Retailers, why are industry players increasing their capital allocation to the sector? We investigate the outlook for Fuel Retailers against the commonly held perception that they will…