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Electric vehicles have a charging access problem

Suggested by Brandon Arns almost 4 years ago

The electric vehicle revolution is well underway, with California banning the sale of new gas cars by 2035 and automakers increasing their lineup of EV offerings. Studies indicate that over 85% of EV charging happens at home, yet apartments and condominiums, also known as multifamily properties or multi unit dwelling sites, don't usually have this access-where roughly ¼ (80 million) of the U.S. population lives.

California currently has 38.71% of the total registered EV's in the U.S. (563,070) Roughly 90% of California’s chargers are located at homes overall, but as few as 18% are located at multi-unit dwellings (MUDs).





Why Now?

Nearly 50% of Californians live in MUDs, meaning the state urgently needs a solution to scale EV charging access to all residents. By 2030, 50 million EV’s will be in operation in the U.S.(9 Million in California)

Possible Solutions
AB
over 3 years ago

Operations, Strategy & Culture @ Coterie

Are you familiar with StakMobility? https://www.stakmobility.com/

Addressing a similar problem here in the NY/NJ area. An ex-colleague / old friend is the Founder.

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FK
almost 4 years ago

Advisor, Product Strategy @ Various Startups

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almost 4 years ago

Board Member | Advisor | VP Digital @ Unfold Bio

A few questions/angles to consider:

  1. the multi-family housing industry are always looking for ways to differentiate their properties. More and more are looking at on site EV charging as a differentiated community feature. You can see this amenity starting to be offered in the higher end rentals. Look at properties built or managed by Avalon, for example. They specialize in the high end luxury part of the market and other Multi-Family Housing industry look to them as a first mover.
  2. A big problem with EVs, in general, is how quickly they can receive charge. What really differentiated Tesla from the pack was that teslas can receive hundreds of amps of charge and so charge to 80% in 45 mins or less (versus the Chevy Bolt) which revived ~35 amps and took about 10 hours to charge to capacity.
  3. Are there capex light ways to address the charging problem?
  4. Or, if it’s a capex investment to solve the charging infrastructure problem, is there assymetric data that can be captured at scale that justifies the capital investment?
  5. As more EVs, can supercharge quickly, the future may look more like what Shell is doing with this London “gas” station: https://www.thecooldown.com/green-business/shell-station-fulham-road-london-ev/


I would live to discuss and brain storm more around this issue.

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SG
almost 4 years ago

Director - Growth Strategy & Ops @ Mynd

https://xealenergy.com/apartments


Xeal (and a few other venture backed players) are working towards solving this problem (and I’m sure we need more teams working towards this/joining forces)

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