Blink Charging: Why Install Charging Stations in Real Estate Developments?

A study by British company Rho Motion points out that more than 300,000 battery electric vehicles have been sold than in November 2022.

The report highlights that global sales of battery electric vehicles (BEVs) and plug-in hybrids (PHEVs) increased by 20% over the previous year.

In that sense, charging infrastructure plays a key role for the rise to continue significantly on a global scale, which is why Blink Charging offers a series of recommendations for stations in real estate complexes.

According to Blink Charging, approximately 70% of charging sessions take place at home.

Photo: Blink Charging

Related content: Blink Charging Offers Guidance on the Benefits of Using Electric Vehicles

Key Recommendations

Installing EV charging stations in a building can be a valuable element that attracts prospective tenants and customers who own electric vehicles or are interested in purchasing one in the future.

Blink Charging emphasizes that offering a convenient charging option can differentiate any building from others in the area. In addition, such a premium amenity can increase footfall and customer loyalty, in the case of mixed-use spaces.

In addition to attracting tenants and customers, installing an electric vehicle charger can also increase the value of your real estate development. Buildings with electric vehicle charging stations are seen as more modern, sustainable and state-of-the-art.

Another key is to meet growing demand. Users expect to find these types of facilities in their living space or convenience areas. Buildings must be prepared to meet this need.

Installing an electric vehicle charger can also help a building achieve sustainability goals.

By installing EV charging stations, the building promotes the use of electric vehicles and supports achieving a cleaner, greener future. In addition, EV chargers can be combined with renewable energy sources, such as solar panels, further reducing the carbon footprint of the property and its tenants.

Many utilities offer special rates or incentives to buildings that install electric vehicle charging stations.

In addition, by using a smart charging system and the Blink Network platform, property management can control when and how much energy is used, monitor consumption per owner and per charging session, take advantage of special energy rates, and pass on costs to each tenant based on kilowatts consumed.

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