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What’s the Deal with EV Charging?

How Property Owners Can Ride the Electric Wave — and Profit From It

Updated this week

***The slide deck above is meant to be customized and used as customer facing material***

1. The Electric Shift Is Already Happening

Electric vehicles (EVs) are no longer a future trend — they are a rapidly growing reality.

  • EV adoption in the U.S. has grown from ~2% of new vehicle sales in 2020 to over 10% today

  • Forecasts project EVs will reach 40–50% of new vehicle sales within the next decade

  • Major automakers are investing billions and targeting full electrification by ~2035

  • EVs are already cheaper to fuel and maintain, with purchase prices approaching parity

Key Takeaway:

EV adoption is accelerating quickly — and infrastructure is struggling to keep up.


2. The Charging Gap (The Opportunity)

There is a major imbalance between EV adoption and charging availability.

  • ~150,000 gas stations exist in the U.S., but far fewer EV charging locations

  • Many existing chargers are unreliable or out of service

  • Home charging is slow:

    • Level 1: 40+ hours

    • Level 2: 8–12 hours

  • “Charging availability” is the #1 concern for EV drivers

What this means:

There is a massive, growing infrastructure gap — and property owners are in a prime position to fill it.


3. Why Property Owners Should Care

EV charging is not just infrastructure — it’s a business opportunity.

Key Benefits:

1. Drive Foot Traffic

  • EV drivers actively choose destinations with charging

  • Your property becomes a destination, not just a stop

2. Generate Revenue

  • Charging fees can create meaningful income

  • Parking spaces become revenue-generating assets

3. Competitive Advantage

  • Signals innovation and sustainability

  • Differentiates your property in crowded markets

4. Increase Customer Loyalty

  • Charging integrates well with rewards programs

  • Encourages repeat visits

5. Additional Revenue Streams

  • Digital charger screens can host advertising

  • Opportunity for partnerships with local businesses

6. Fleet Benefits

  • Reduce fuel costs for company vehicles


4. Choosing the Right Charging Type

Level 3 (DC Fast Charging)

Charging Speed:

  • ~20–30 minutes to 80% charge

Best Fit For:

  • Short-stay locations

  • High-traffic areas

  • Businesses seeking maximum revenue per space

Ideal Locations:

  • Retail centers

  • Restaurants

  • Highway-adjacent properties

  • Airports

Primary Value:

  • Attract new customers

  • High turnover and premium pricing


Level 2 Charging

Charging Speed:

  • 4–8 hours for a full charge

Best Fit For:

  • Long-stay environments

Ideal Locations:

  • Hotels

  • Offices

  • Hospitals

  • Event venues

Primary Value:

  • Guest amenity

  • Customer experience enhancement


Hybrid Strategy (Best of Both)

Many properties benefit from installing both:

  • Level 3 → capture transient traffic

  • Level 2 → serve long-duration users

This approach maximizes utilization, flexibility, and revenue potential.


5. The Financial Picture

EV charging economics vary by site, but the opportunity can be significant.

Key Factors:

  • Location

  • Traffic volume

  • Utility rates

  • Tax status

  • Nearby competition

Incentives:

  • Federal tax credits

  • State rebates

  • Utility incentives

These can significantly offset installation costs.

Revenue Potential:

  • Some sites generate tens to hundreds of thousands of dollars annually

Important:

Every site is unique — proper evaluation is required to determine viability.


6. Preparing for an EV Charging Evaluation

To properly assess a site, key inputs are needed:

  • Tax Status: For-profit, non-profit, or municipal

  • Utility Information: Provider and rate structure

  • Target Audience: Employees, customers, or new traffic

  • Nearby Demand: Adjacent businesses and traffic drivers

  • Site Layout: Parking and preferred charger location

  • Competitive Landscape: Existing chargers nearby


7. Industry-Specific Applications

Hotels & Hospitality

  • EV drivers actively filter out hotels without charging

  • Charging increases bookings and guest satisfaction

  • Ideal for Level 2 (overnight charging)

  • Can be integrated into loyalty programs

Key Insight:

EV charging is quickly becoming a standard amenity, not a luxury.


Retail & Restaurants

  • Charging creates captive dwell time (20–30 minutes)

  • Increases in-store traffic and spending

  • Enables loyalty programs and promotions

  • Additional revenue via advertising


Gas Stations

  • Protect against declining fuel demand

  • Leverage prime real estate (high visibility, traffic flow)

  • Future-proof the business model


Government / Municipal

  • Offset declining gas tax revenue

  • Provide employee benefits

  • Support sustainability initiatives


8. Strategic Positioning

EV charging should be framed differently depending on the property:

  • Revenue Driver → Retail, highways, high-traffic sites

  • Amenity → Hotels, offices, multifamily

  • Competitive Differentiator → Hospitality, CRE

  • Future-Proofing Asset → Gas stations, municipalities


9. Final Takeaways

  • EV adoption is accelerating faster than infrastructure

  • There is a clear and growing market gap

  • EV charging creates:

    • Revenue

    • Foot traffic

    • Competitive advantage

  • The right solution depends on:

    • Property type

    • Customer behavior

    • Location dynamics


Closing Thought

EV charging is not just about energy — it’s about positioning your property for the next decade of transportation and customer behavior.

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