And even if they did, local substations may not be able to deliver enough power to the building to accommodate that level of charging.
Buildings that are older don’t have the necessary wiring to accommodate an EV for every owner. CBRE is “building a facility in Jacksonville to train our 20,000 people.” Jim Hurless, EV real estate lead for CBRE Group, Inc., one of the world’s largest commercial real estate services and investment firms, said that there are labor issues and infrastructure issues today preventing the building and installation of enough EV charging stations. Revenue is then shared between the outside company and the real estate owner, landlord or condo/homeowners association. This option could potentially drive a small amount of revenue for the homeowners and condominium association, or for real estate investors, as well.įinally, then there’s an owned/operated model, where an outside company installs the charging station and maintains it. There are software programs that could help manage charging slots. Homeowners and renters would pay for what they use. Or, you can hire an outside company to install a charging station as a service.
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