How much of a threat are EVs to oil giants and neighbourhood mechanics?

Kelly Ng
Published Sun, Jun 13, 2021 · 09:50 PM

    Singapore

    WHILE the impending wave of electric vehicles (EVs) heralds opportunities for many sectors, it threatens to disrupt others - among them, the retail fuel industry and your neighbourhood car mechanic.

    In recent years, global retail fuel companies have been pivoting to tap the growing EV charging market and carve out an income stream from non-fuel sales.