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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: abromber   😊 😞
Number: of 21944 
Subject: Pilot and EVs
Date: 01/18/24 12:25 PM
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No. of Recommendations: 10
Interesting article notes that Pilot has entered into a partnership with GM and EVGo to install 2000 DC fast chargers at 500 Pilot truck stops on highways nationwide. EVgo, which will operate the charging stations, is already working with GM to put 3,250 chargers in major U.S. cities and suburbs in place. GM customers will get preferential treatment regarding reservations at these stations.

Presumably this is just the beginning of a national network of Pilot interstate charging stations that can handle ICE's and EV's of every size shape and description. It's the future, and they are going to need a lot of them! I know it is a tough business and others here can comment on that but they are proceeding cautiously. Only 17 stations to start. 250 in the upcoming year. investorplace.com - Reasons buffetts bet on pilot truck stops is an EV no brainer. The July 2022 press release is at pilotflyingj.com - Press release,

For those who are curious how it is going (slowly), a Dec 2023 update is available at theverge.com - GM EV charging station progress pilot evgo

I think in the past, you had to understand insurance to understand BRK, and to some extent that still true. But more and more, BRK's future growth (and profits) will be in the energy business. Produce it, distribute it, sell it, finance it, mitigate it. Oil, gas, solar, wind, whatever the market requires. It's big. Greg is managing the transition to clean energy really well, and he is the guy to run this version of BRK. I can't wait until he buys OXY and puts Vicki in charge of BHE.

abromber
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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