Electric Vehicle Sales Boom Drives Demand for Apartment Charging Solutions

The rapid transition to electric vehicles in the U.S., driven by government incentives, consumer sustainability demand, and rising gas prices, is increasing the need for EV charging stations, making them essential amenities for apartment communities.

The transition to electric vehicles (EVs) is accelerating rapidly. In the United States, nearly a quarter of all cars purchased last year were either fully electric or plug-in hybrids, a trend that is only expected to grow. The federal government aims for EVs to represent 50% of all new car sales by 2030. States like California are even more ambitious, mandating that all of the almost two million vehicles sold in the state annually must be zero-emission by 2035. Government incentives, consumer demand for sustainability, and rising gas prices continue to drive EV popularity. As a result, the need for electric vehicle chargers is soaring.

Apartment developers have long considered EV charging stations as potential amenities. Now, the question is not whether to include them, but rather what type and how many are needed. Ensuring sufficient EV charging spaces is critical to keeping up with current and future demand from renters...