The federal government has set a goal of 500,000 EV charging stations at apartment buildings, public parking lots, roadways and other locations by 2030, up from 133,000 in 2020. At that point half of all road vehicles could be electric, if the government\u2019s target is met. Owners of EVs, which use rechargeable lithium-ion batteries, spend 60% less each year on fuel costs compared to drivers of gas-powered cars, according to a Consumer Reports<\/em> study in 2020.<\/p>\n\n\n\nThe federal government, most states and the District of Columbia offer tax credits and other incentives to install charging stations. California, for example, has provided $1.2 billion to build the infrastructure for EVs across the state. The state will also adopt regulations requiring EV charging station installation in the parking facilities of buildings, including hotels, multifamily buildings and nonresidential development, by 2025. Other states, including Arkansas and Florida, offer rebates for EV charging station installation and EV purchases.<\/p>\n\n\n\n
Approaching essential status<\/strong><\/strong><\/p>\n\n\n\nOne outgrowth of these and other trends is that EV charging stations are evolving into an essential asset for property managers. By installing EV charging stations, retail business, offices and workplace property managers gain opportunities to attract customers and tenants by demonstrating \u201ctheir commitment to new technology and innovation,\u201d says industry resource Property Manager Insider.<\/p>\n\n\n\n
\u201cFor multifamily and commercial properties, \u2026 the availability of reliable EV chargers is not just a nice-to-have, but a vital factor for retaining and attracting residents and tenants,\u201d adds CleanTechnica, a clean energy news source.<\/p>\n\n\n\n
Key steps that property managers can take to stay on top of the EV evolution include understanding the charging plug types, speeds, fees, payment systems and pricing information. For commercial spaces with retail tenants, for example, the speedier charge time offered by these stations could be an ideal fit for their visitors\u2019 on-the-go needs. Fast chargers are especially useful for properties along major transportation corridors, allowing people to power up cars quickly while on road trips or other lengthy commutes. People in residential properties, on the other hand, tend to remain in place longer night and might be satisfied with slower charging capability.<\/p>\n\n\n\n
Some properties offer charging stations free wile others might require credit card payments based on usage.<\/p>\n\n\n\n
Potential benefits of onsite EV chargers include attracting EV owners and employees to buildings, increasing home property values, improving a company\u2019s perception among investors and creating a new revenue stream.<\/p>\n\n\n\n
\u201cEnticing tax credits, expanded car model options and high gas prices are all contributing to an increased number of consumers making the switch from a gas vehicle to an EV. For property owners and managers, that means the time to plan for EV charging infrastructure is now,\u201d CleanTechnica says.<\/p>\n\n\n\n
Learn about EV resources from the U.S. Environmental Protection Agency<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022, the country is one of the world\u2019s largest markets for EVs. The federal government has set a goal of 500,000 EV charging stations at apartment buildings, public parking […]<\/p>\n","protected":false},"author":610,"featured_media":35265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2472],"tags":[2170,29],"class_list":["post-35264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-electric-vehicles","tag-multifamily"],"acf":[],"yoast_head":"\n
Yardi Blog<\/title>\n<meta name=\"description\" content=\"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/ev-tech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EV Tech\" \/>\n<meta property=\"og:description\" content=\"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/ev-tech\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-26T12:40:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-07T21:12:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/\",\"name\":\"EV Tech - Yardi Corporate Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg\",\"datePublished\":\"2023-02-26T12:40:00+00:00\",\"dateModified\":\"2023-03-07T21:12:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8\"},\"description\":\"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,\",\"breadcrumb\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.yardi.com\/blog\/ev-tech\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg\",\"width\":1200,\"height\":900},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.yardi.com\/blog\/ev-tech\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.yardi.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EV Tech\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\",\"url\":\"https:\/\/www.yardi.com\/blog\/\",\"name\":\"Yardi Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.yardi.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8\",\"name\":\"Joel Nelson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69\",\"caption\":\"Joel Nelson\"},\"description\":\"Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor\u2019s degree from Pomona College.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/joel-nelson-aa363113\/\"],\"url\":\"https:\/\/www.yardi.com\/blog\/author\/joel-nelson\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yardi Blog","description":"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.yardi.com\/blog\/ev-tech\/","og_locale":"en_US","og_type":"article","og_title":"EV Tech","og_description":"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,","og_url":"https:\/\/www.yardi.com\/blog\/ev-tech\/","og_site_name":"Yardi Blog","article_published_time":"2023-02-26T12:40:00+00:00","article_modified_time":"2023-03-07T21:12:51+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg","type":"image\/jpeg"}],"author":"Joel Nelson","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Joel Nelson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/","url":"https:\/\/www.yardi.com\/blog\/ev-tech\/","name":"EV Tech - Yardi Corporate Blog","isPartOf":{"@id":"https:\/\/www.yardi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage"},"image":{"@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage"},"thumbnailUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg","datePublished":"2023-02-26T12:40:00+00:00","dateModified":"2023-03-07T21:12:51+00:00","author":{"@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8"},"description":"Electric vehicles \u2013 and their charging apparatuses \u2013 are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022,","breadcrumb":{"@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.yardi.com\/blog\/ev-tech\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/#primaryimage","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg","width":1200,"height":900},{"@type":"BreadcrumbList","@id":"https:\/\/www.yardi.com\/blog\/ev-tech\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.yardi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"EV Tech"}]},{"@type":"WebSite","@id":"https:\/\/www.yardi.com\/blog\/#website","url":"https:\/\/www.yardi.com\/blog\/","name":"Yardi Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.yardi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8","name":"Joel Nelson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69","caption":"Joel Nelson"},"description":"Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor\u2019s degree from Pomona College.","sameAs":["https:\/\/www.linkedin.com\/in\/joel-nelson-aa363113\/"],"url":"https:\/\/www.yardi.com\/blog\/author\/joel-nelson\/"}]}},"jetpack_featured_media_url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/35264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/users\/610"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/comments?post=35264"}],"version-history":[{"count":1,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/35264\/revisions"}],"predecessor-version":[{"id":35266,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/35264\/revisions\/35266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media\/35265"}],"wp:attachment":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media?parent=35264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/categories?post=35264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/tags?post=35264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2023\/02\/rsz_adobestock_484699085.jpg?w=1200\")
<\/figure><\/div>\n\n\n