EV charging stations: the multifamily amenity of the future?

The United States is moving ever-closer to the full-blown adoption of electric vehicles. The Bipartisan Infrastructure Law aims to invest $7.5 billion to build a national network of 500,000 EV chargers and provides more than $7 billion to ensure domestic manufacturers have the components necessary to make batteries.

What’s more, major automakers and auto workers have committed to have electric vehicles make up 50 percent of all vehicles sold in the United States by 2030. Since President Joe Biden took office, companies have invested nearly $85 billion in the manufacturing of electric vehicles, batteries and EV chargers in the United States. As a result, the number of electric vehicles sold in the U.S. has tripled since Biden took office.

To keep up with competition and demand, commercial real estate owners are exploring new ways to integrate EV charging infrastructure into their properties. David Aaronson, founder and CEO of Refuel Electric Vehicle Solutions (REVS),