It is projected that by 2030 there will be more than 50 million electric vehicles (EV) on the road around the world.
Some major vehicle manufacturers like GM, Ford, Volkswagen, and Volvo have already pledged to produce only electric vehicles within the next 10 to 15 years.
There are several reasons to consider installing EV charging stations at business premises.
Offering electric vehicle charging stations can create or enhance a green reputation for businesses.
Business owners can also put their businesses on the map. Many EV drivers will utilize apps to locate charge points nearby or along their travel route. With time on their hands while waiting for a charge, they are likely to explore your business offering.
In addition to new customers, offering EV charging can help build customer loyalty and repeat business. While it is somewhat expected these days, think back to the first businesses offering Wi-Fi to their customers.
Having EV charging stations installed at business premises can also be considered a perk that could help to attract and retain talented employees or if you are a property owner, these charging stations could help you stand out to potential tenants.
Topping of all these benefits is the fact that business owners can charge EV drivers to use their charging stations.
Perhaps the best reason to have electric vehicle charging stations installed at business premises is that right now there are billions of dollars budgeted to utility programs in most countries to incentivize the installation of EV charging stations.
For example, currently, ConEd in New York is approved for US$396 million in funding and Southern California Edison is approved for US$436 million in the United States. Many of these programs will fund up to 100% of the cost of product and installation.