EV charging

Xeal today announced an agreement with Hunt Companies, Inc. to install 19 Level-2 chargers at the Daniel Kahikina Akaka Department of Veterans Affairs Community-Based Outpatient Clinic in Kalaeloa, Oahu, Hawaii. Xeal's installation of the chargers is expected to be completed in Q2 2023.

Xeal, a leading provider of EV charging stations and smarter technology for the multifamily industry, today announced that former ChargePoint executives Mike DiNucci and Joan Dunne are joining the company as Senior Vice President of Sales and Head of Revenue Operations, respectively.

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.

The electric vehicle movement is speeding up, making significant gains over the last several years. The industry, however, faces an uphill battle with the availability of reliable chargers for owners. The team at Xeal is solving for this issue.

The top storylines in multifamily this week are monetizing technology, hyper-personalization in leasing, EV charging stations, Charlotte emerges as a leading multifamily market, affordable housing measures gain popularity and holiday event ideas for multifamily communities.

Reliability is a must-have for EV charging stations but current legacy chargers are not equipped with the right technology to meet uptime demands. Connectivity and payment processing are challenges that severely hamper reliability, as well as revenue and profitability.

While public fast-charging networks have dominated much of the electric vehicle (EV) charging discussion and while public investment is important to the ultimate success of EVs, owners prefer to charge vehicles at their place of residence, necessitating the prioritization of at-home charging.

Data in the 2022 NMHC/Grace Hill Renter Preferences Report found that 27 percent of respondents were interested in electric car charging stations, up from 25 percent in 2020. The respondents also said they would pay more in rent for this amenity–an additional $28.12 per month.