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Property asset owners should be considering investing in EV charging infrastructure

An interesting article in the Estates Gazette written by Bruce Galliford of RAW Charging highlights that property asset owners should be considering how to make a return on EV charging infrastructure. 

We already see charging points at most supermarkets but demand will increase in retail parks, office parks, hotels and so on. Consumers may want to charge up their vehicles whilst at work or shopping. Bruce points out that 35% of drivers in the UK will not be able to charge their cars at home since their accommodation will not support this, for instance, those living in an apartment.

Landlords should look at their property portfolios now to identify an EV charging strategy. There will be an increasing demand for EV charging points and getting the right strategy in place will, in the long term keep customers happy and enhance the value of a site. 

The UK government has committed to end the sale of new petrol and diesel cars by 2030, putting the UK on course to be the fastest G7 country to decarbonise cars and vans. This forms part of the UK’s plans to accelerate to a greener transport future. What it does mean is that we need electric vehicle charging infrastructure now, and in great quantity. This is a huge opportunity, one that is challenging businesses across a variety of sectors and one that should be a top priority for property owners.

Tags

sustainability and esg, real estate