EV Charging for Businesses:

Five Factors
Asset & Properties Managers Should Know.

Electric vehicle charging stations (EVCS) are more than just hardware designed to recharge your “computer server on wheels” (my definition of an EV); they’re a BIG deal. Gone are the days when striking a bargain for a 12 to 24-hour, Level 1 EVCS from Amazon would suffice. Now, Level 2 chargers for residential and commercial settings are the standard.

If you are aiming to purchase one or more charging stations, then you should know your needs, options, and goals to build a solid business case before investing in your EVCE.

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Be familiar with these five aspects when standing-up your EV Adoption program:

  • Who is your end-user? - Tenants, employees, customers, constituents, etc.

  • How will EV chargers help you achieve your business’ end game? - Ask yourself: are you installing chargers to attract or retain tenants? Are you hoping to hire top recruits? Will your program boost brand awareness to bring in more customers or a higher paying tenant?

  • Your Budget – The model and number of units you plan to install will determine the budget of your project. The good news is that you may be able to offset your costs through tax credits and incentives, rebates, and citywide make-ready programs.

  • To Lease or Buy? – How do you plan to purchase and pay off these chargers? For instance, will your charging site attract an advertiser’s target demographic? If so, the foot traffic and impressions may be so valuable that you could score advertorial charging models for free. Do you expect to lease your chargers and pay the expense through your Common Area & Maintenance costs? Or, can you purchase your chargers outright at the beginning of your development project and factor the costs into your budget and property valuation?

  • Legislative Compliance & Benefits – How will changes in legislation impact your purchasing decisions? Upcoming legislation may require a specific ratio of EV chargers with respect to overall parking spaces or building size. If you are considering LEED construction, EV charging is a simple way to earn points.

With all the available brands, price points, and power capabilities, there’s no one set-up that will work for every business – so, choose wisely. At Dai Technologies Corporation, we create tailor-made, turnkey solutions that energize not only your clients’ vehicles but also your business as a whole. Schedule a call with us to outline your EV charging needs, your company’s sustainability goals, and how we can help you purchase and install your EVCS.

Are you looking to establish an Electric Vehicle Charging Program for your company? With so many options available to you, there's no one set-up that will work for every business or setting. Schedule a 15-minute let’s talk more about the five factors to consider when choosing your equipment and how DaiTechCorp may help you decide. I look forward to speaking with you soon.