Amperage Capital, an infrastructure investor and operator focused on addressing electric vehicle charging solutions in apartment communities, in partnership with EVAdoption, a leading electric vehicle analyst firm, has launched an industry report highlighting the key challenges in providing EV charging for multi-family housing.
The report outlines the state of the industry, key challenges for multi-unit tenants and owners, and recommended solutions to help mass adoption of electric vehicles to take place.
“Multi-unit owners are in a bind, as they are realising that to stay competitive and keep their tenants happy, they’ll need to have a proper solution for EV charging, and soon,” said Kelsey Holshouser, co-founder and COO, Amperage Capital. “This is why we partnered with EVAdoption on this state of the industry report. We wanted to lend insights into the key issues facing multi-unit tenants and owners, give them a clear view on where the industry stands now, and more importantly, clear solutions on the path forward.”
The report highlights that, based on EV ownership growth rates, the multi-family industry is not currently approaching EV charging in a sustainable way. This is evidenced by the lack of adoption by apartment dwellers and the inability to search for EV charging as an amenity on apartment search websites.
It also found that in most cases, those who live in apartments are at a disadvantage when it comes to charging, resulting in much lower EV purchases by this demographic versus those who live in single-family homes. Nearly half of apartment dwellers lack home charging against only 5% of single-family homeowners.
“This type of industry analysis is so important right now as more funds on a state and federal level become available and more people choose to go electric,” said Loren McDonald, CEO and lead analyst, EVAdoption. “To gain clear insights into this part of the equation, and to uncover the challenges, as well as the solutions, is essential for the next step of mass adoption of EVs.”
To download a free copy of the report visit: The State of EV Charging in Apartment Communities Report
