A New Wave of Customer Needs: Electric Vehicle Charging Stations

Published September 2022

Rising fuel prices and concerns about sustainability are some of the factors leading to the growth of electric vehicles among consumers. Additionally, new tax credits are providing added incentives. Just recently, the Inflation Reduction Act was signed, changing the availability of electric vehicle tax credits. Qualifying vehicles can receive a $7,500 EV tax credit! According to a nationally representative survey from Consumer Reports, 36% of Americans plan to buy or lease an electric-only vehicle, or are seriously considering doing so. Check out our website page on EV or contact us to learn more about electric vehicle charging.

The global electric vehicle charging station market is forecast to witness a compound annual growth rate (CAGR) of more than 40% during the forecast period 2022 – 2028.

Installing electric vehicle (EV) charging stations is the new way businesses are staying caught up with evolving customer needs. Not only are EV charging stations becoming a new standard for customers with electric vehicles, but the charging stations can also benefit the businesses installing them. Businesses can generate revenue through their EV chargers! Charging customers and/or tenants for EV station use can provide an additional source of income. The profit from the stations can eventually cover the cost of installation and maintenance. Our team can help you through the whole process from the initial installation to the maintenance and follow-up.

EV is still a new and growing industry and there are many questions surrounding it. You may be wondering how you charge each individual for the electricity used, whether you need to upgrade your service to support the chargers, or what the costs of the chargers even are. We are here to help guide you through all your questions and concerns. Contact our team to learn how EV charging can help you and your business.