The Role of EV Charging Stations in Multifamily Communities

 

About 1.6 million Electric Vehicles (EVs) were sold in the U.S. in 2023 — a 60% increase from the 1 million sold nationwide in 2022. With regulations in certain cities quickly shifting in favor of EVs. For example, all new automobiles and light trucks sold in California will be required to be zero-emission by 2035. The race is on for developers and housing complexes to offer charging stations to the growing number of tenants who seek them. Studies suggest that over 80% of EV charging happens at home – therefore, it is crucial for multifamily complexes to offer this service to residents.

Although implementing EV stations can seem daunting, SKBM Smart Tech offers seamless and efficient solutions for property owners to accommodate residents with electric vehicles, and even unlock a potential revenue opportunity.

Why are EV stations such an electrifying opportunity for property owners?

Revenue Generation – By charging residents for usage or providing a subscription-based plan, property owners can unlock a new revenue stream and significantly boost their income.

Tenant Attraction and Retention – As the surge in the ownership of electric vehicles continues to grow, providing on-site charging stations can help property owners attract and retain environmentally-conscious residents.

Increase Property Value – Investing in EV infrastructure adds value to your property and showcases your commitment to innovation!

Environmentally Responsible – EV charging stations are a great way to show your dedication to sustainability and that your complex is committed to playing a role in powering an eco-friendly future.

How Can SKBM Smart Tech Help Power Your Complex’s Future?

Unmatched Charging Stations – SKBM offers state-of-the-art charging stations that are fully integrated with advanced technology, delivering fast and reliable solutions to your residents.

Professional Installation – SKBM’s skilled team of experts can implement an EV charging infrastructure that is customized to fit the distinct design and needs of your apartment block’s parking facilities.

Customizable Solutions – Whether your complex is small or large, SKBM offers versatile and adaptable solutions designed to cater to your precise requirements and financial parameters.

Seamless Integrations, Comprehensive Training, and 24/7 Support – SKBM understands that technology is more than just a one-time implementation, that is why we focus on offering you seamless, scalable solutions. In addition, we offer comprehensive training and 24/7 support provided by our team of experts.

 

Toyota, Volkswagen, and Volvo have all announced ambitious EV sales goals by 2025. With manufacturers making electric vehicles more affordable, it’s only a matter of time until a growing number of residents start demanding property owners to implement this valuable service.

Is your complex ready to play a role in powering the future of EVs? SKBM is here to help!