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News & Insights

The Electric Vehicle BOOM

By now, most common car brands have various electric options available as there’s no denying that electric vehicles are playing a pivotal part in the future of the automotive industry. With both businesses and consumers putting a greener foot forward, the popularity of electric vehicles will continue to grow. There are already more than one million electric vehicles already on U.S. roads and the demand for accessible and convenient Electric Vehicle (EV) charging stations is growing rapidly.

Aware of the need for Americans to be able to travel, the U.S. Department of Transportation recently announced $5 billion in federal funds for states to build EV charging stations. These funds became available with the news of new requirements emerging that states must submit plans to build EV charging stations by this fall. Each EV station needs to have at least four fast-charger ports, which enable drivers to fully recharge their vehicles in about an hour. If states don’t fully meet requirements, they risk delays in getting approval from the Federal Highway Administration or not getting federal funds at all.

With growing focus on reducing emissions, it is clear that electric vehicles are here to stay. With that said, now is the time to install EV charging stations at your facility with different configurations available for easy installation for users. Drivers in need of these charging stations present a new opportunity for many businesses to increase their value by re-imagining their parking lot. EV charging stations installed in a typical parking lot can be used to attract desirable clientele, tenants, employees, and more. Installing these EV charging stations also boost business’ standpoint on caring about the environment and their focus on sustainability.

EnerConnex can help you boost your property value and get plugged in to new customers with EV charging. We can assist with the evaluation, design, and installation of your EV charging stations while also helping you leverage any available rebate and incentives. Contact us for details!! info@enerconnex.com