Jessica Friesen, the third-generation owner and CEO of Gales Gas Bar, a family business operating in Ontario's Niagara Region for over five decades, remains optimistic about the future of the gas station industry despite the rise of electric vehicles (EVs). Established in 1967 by her grandfather, the business has evolved to include 14 gas stations along with convenience stores and fuel delivery trucks.Friesen believes that the family's ability to adapt and diversify has been crucial to their continued success. Despite the looming shift towards electric vehicles, she remains confident in the future of the business. The federal government's mandate for all new cars and light-duty trucks sold in Canada to be zero-emission vehicles (ZEVs) by 2035 poses a significant challenge to the traditional gas station model.However, industry experts emphasize that diversification will be essential for gas stations to survive in the changing automotive landscape. With the growing popularity of EVs, traditional gas stations will need to explore alternative revenue streams and services to remain relevant. Friesen's confidence in the future of Gales Gas Bar underscores the resilience of family-owned businesses and their ability to adapt to evolving market conditions. While the rise of EVs presents challenges, Friesen's optimism reflects a belief in the strength of their business model and their capacity to navigate the transition towards a zero-emission vehicle future.
Read more from the link below.
