The growth of electric vehicles has become an unstoppable trend, driven by the policies of the U.S. government and huge investments by automakers. As a result the demand for EV charging infrastructure will surge. The real estate industry, in particular, will play an important role in this transition.
The real estate industry can better join this wave of electrification by integrating EV charging stations into their properties. Not only will this increase the value of the property, but it will also provide an additional revenue stream. 150kw dc fast charger from SETEC POWER is the ideal solution for this purpose.
Why does the real estate industry need EV charging?
Additional income
Public EV charging stations can generate additional revenue for property owners. Charging stations can provide convenience to tenants and customers, encouraging them to patronize longer and spend more. It takes less than 10 minutes to fill up a tank at a gas station, but charging an EV takes much longer – anywhere from 30 minutes to several hours. Drivers are unlikely to remain seated in their vehicles while the EV is charging; they will be hanging out near the charging station, shopping, eating, and so on. It dramatically increases traffic in the area and therefore makes the property more attractive to potential tenants.
Increase Land Value
As electric trucks cost less to operate over the lifetime of vehicles compared to ICE trucks, adoption of commercial medium- to heavy-duty electric fleets is expected to occur at a faster rate than we saw with passenger EVs, furthered along by corporate sustainability mandates. The problem is, companies don’t have anywhere to charge them yet. Charging commercial fleets will require much more land space and technical complexity than public passenger charging, and the locations must be strategically relevant to each fleet’s unique business needs as well. Herein lies the opportunity for real estate owners: to leverage their property assets to develop highly in-demand fleet charging hubs.
With this new business opportunity, imagine how the previously undesirable empty land in between states and metropolitan areas will suddenly explode in value for its potential to be developed into electric trucking stops for long haul freight.
The Benefits of 150kW DC Fast Chargers
The 150kW DC fast charger from SETEC POWER is a game-changer for the real estate industry. It offers high-power, efficient charging suitable for large parking lots, supermarkets, and logistics centers. With a full charge in just 40 minutes for regular cars for 150km travel, it eliminates long waits and provides a convenient, efficient charging solution.
like SETEC POWER can help property owners build on-site charging infrastructure that integrates renewable energy generation, storage, and demand management software. This ensures cost efficiencies and operational resilience for fleet operators.
The Future of Real Estate and EV Charging
The integration of EV charging stations into real estate properties is set to become one of the most common forms of PropTech in the coming decades.
The 150kW DC fast charger from SETEC POWER provides an efficient, reliable solution for the real estate industry to capitalize on this trend. By investing in EV charging infrastructure, property owners can enhance their property’s value, generate additional revenue, and contribute to the transition to a more sustainable future.
