Be Prepared for the Electric Vehicle Revolution

When it comes to the electric vehicle (EV) market, there's a lot of exciting innovation and investment happening. EVs are starting to be viable for everyday consumers, and the technology is on track to start changing the way we think about transportation. EV sales are skyrocketing, and companies are vying for their share of the market. Although the global electric car market is still in its infancy, automakers are moving up their plans for new EV models and the resulting competition is expected to drive down costs for consumers. Automotive manufacturers - legacy, luxury, & startup - are seeking to get ahead of the competition by investing heavily into e-Mobility. With the tightening regulations on CO2 and other pollutants in automotive emissions, the announcement of countries phasing out ICE vehicles, and the battery technology race, the decisions and investments made today will impact the future of mobility tomorrow. 

 

Quick Stats on the Current EV Market

  • Electric vehicle sales increase 40% year-over-year
  • 1 out of 250 Cars on the Road are EVs (Quartz)
  • 6.4 Million EVs Sold In 2021 (Quartz)
  • Sales increased by 160% in the first half of 2021 from a year earlier, to 2.6 million units, representing 26% of new sales in the global automotive market
  • Zero-emission vehicles (ZEV) will account for 70% of new passenger vehicles globally by 2040, according to a Bloomberg New Energy Finance Report

More and more people are beginning to wonder if electric vehicles could be a viable option for their daily commute. After all, they're less expensive to maintain, they have less moving parts, and they're good for the environment. However, when it comes down to it, not everyone is convinced about making the switch to EVs yet. For mass adoption to occur, drivers still need to feel confident in both cost and performance.

Lack of Charging Infrastructure 

The major concern for EV adoption in the US in 2021 was lack of charging infrastructure. This is closely tied to the other barrier of driving range, as consumers want to feel confident that they can go on long drives without having to frequently stop at a charging station.

  • EV drivers residing in the Northeastern United States were asked whether they thought there were enough charging stations available, 83% of respondents believed that there were not enough (Drive Change Drive Electric).

  • On top of this concern, 8 out of 10 people surveyed said they had concerns about how far you can drive an electric vehicle before needing to recharge it (Drive Change Drive Electric). 

There just aren't enough charging stations out there yet. That's a problem that's only going to continue to get worse as more and more people are buying electric cars. The rising demand of electric vehicles will require more and more charging locations. 

Site Hosts Are Needed to Deploy EV Charging

The emerging electric vehicle market is not only opening an enormous opportunity in the automotive industry - but also is creating an opportunity for property owners and business professionals to take advantage of the new industry as well. 

Now is your chance to leverage this exciting opportunity! 

Benefits of deploying electric vehicle charging at your property: 

  • Provide a sought-after amenity for visitors, customers and employees who drive electric vehicles

  • Attract and create loyalty with EV drivers while they charge their EV

  • Turn parking spots into revenue centers from EV charging revenue or provide charging as a complimentary amenity for visitors

  • Promote your location as an EV driver destination via Google maps, EV driver apps, and in-vehicle navigation systems

  • Enhance Your Commitment to Sustainability EV chargers are a visible way to demonstrate your commitment to sustainability

  • Earn LEED Certification Credits which further validates your pursued commitment to sustainability and the well-being of future generations.
Ready to learn more?
Our Team at EVunited would be glad to meet with you to learn more about your EV charging needs and sustainability goals. Please fill out the form below and our Team will reach out to schedule your complimentary EVSE consultation.