Are Your Apartment Properties Ready for the EV Transition?


Residents are embracing electric vehicles. Is it time to get your community ready?

As multifamily residents in increasing numbers turn to electric vehicles, operators are faced with the decision of whether investing in charging stations will help them get ahead of the curve.


Policy trends in some key jurisdictions are also encouraging drivers to get behind the wheel of an EV. In April, the U.S. Department of Energy announced $34 million in funding for multiple initiatives intended to encourage expansion of EVs. By 2035, new gasoline-fueled car sales will be banned in California, a perennial first adopter of sustainability mandates. The state has set a 2045 deadline for meeting its energy needs entirely from renewable sources, noted Amanda Clevinger, policy and programs manager for Bright Power, a provider of energy and water management services.

“Property owners are already thinking about how they can electrify their properties, and they should keep EV charging in mind as they build their capital plans,” she said.

Read the full article on the Multi-Housing News website.