Published by: Multi House News
The surge in electric vehicle (EV) adoption is reshaping communities, from planning stages to retrofitting existing properties. Despite projections that EVs will account for a modest share of the current vehicle market, the implications for development, infrastructure, and local power grids are profound. Sara Neff of Lendlease Americas emphasizes the importance of starting EV charger installations with an analysis of electrical capabilities, while Doug Jung from Grosvenor highlights the necessity of aligning infrastructure with utility requirements and local regulations. Retrofitting poses unique challenges, requiring careful consideration of parking structures, power consumption, and compliance with evolving standards. As EV adoption grows, integrating chargers with onsite power generation and storage emerges as a strategic solution, ensuring both operational efficiency and attractiveness to tenants and buyers alike.
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