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Half of petrol stations in the Netherlands expected to close in next decade.
Half of the Netherlands’ petrol stations are set to close in the next five to 10 years as electric cars start to take over the market, according to ING Research. The bank’s economists say there will be insufficient earnings in future, with only some 2,000 of today’s 4,131 gas stations remaining. “It is mainly the small, unmanned petrol stations that will disappear,” says ING Research, as reported in De Telegraaf. A record turnover of €12.9 billion was achieved in 2022,...
July 3, 2024 Photo: DutchNews.nlHalf of the Netherlands’ petrol stations are set to close in the next five to 10 years as electric cars start to take over the market, according to ING Research. A record turnover of €12.9 billion was achieved in 2022, aided in part by the surge in fuel prices as a result of the Russian invasion of Ukraine and the energy crisis. But as electric vehicles replace petrol and diesel cars, small stations with unmanned pumps that rely on fuel sales will disappear, especially in the border regions where less expensive options abound.
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