Consumers have left no doubt that EVs are the future of American transportation. Multifamily developers are in a position to prepare now, installing an adequate number of chargers to meet today’s demands, as well as future-proof their portfolio as EV sales and adoption continue to skyrocket.
Owner/operators have been told for years that the green boom was on the way. The truth, however, is that the green resident wave is already bearing down on multifamily. As environmentally conscious residents begin to dominate the leasing market, the green buildings are set to rise above the competition.
For several years, there was a lot of talk about the impending increases in the development, production and sales of electric vehicles (EV). The anticipation for the EV movement has finally come to an end, and it’s time for multifamily to prepare.