That, at least to me, seems to be the more likely scenario.
Also keep in mind that fueling behavior for EV owners is different than for ICE vehicle owners. Fast chargers are useful for road trips, but unnecessary and expensive for day-to-day driving. Most commuters will simply charge at home/work/the store/etc, where the raw inputs to charging infrastructure (car-adjacent space and electricity) are already in place and slower, cheaper charging is sufficient.