- UK landlords must adapt to the rising demand for smart EV chargers amid a surge in electric vehicle sales.
- Government incentives, covering 75% of chargepoint costs, present a timely opportunity for landlords to invest in EV infrastructure.
- Wallbox’s Pulsar Max aligns with environmental goals, meeting EV demand while contributing to sustainable property futures.
Landlord can navigate the surge in emobility with forward-thinking investments in smart EV chargers
Landlords in the UK find themselves at a crucial crossroads. The era of smart EV chargers is dawning, and government commitments are steering the course. As the UK aims to phase out fossil-powered vehicles by 2035, the surge in electric vehicle (EV) sales is expected to rise by a substantial 20% this year alone.
Emobility is coming, and we’d all best be prepared for it.
Industry giants like Stellantis and Nissan are making strategic investments in the UK. Nissan is injecting £1 billion for battery manufacturing, and Stellantis is gearing up to launch its inaugural dedicated EV factory. These moves underscore a definitive and lasting pivot toward electric transport, demanding attention from landlords.
The timing is opportune for landlords to align with the momentum. The UK government’s focus on establishing a resilient EV charging infrastructure, especially in residential spaces, makes this the ideal moment for landlords to embrace smart EV chargers like Wallbox’s Pulsar Max. This move secures the future viability of their investments.
Government incentives add a layer of encouragement.
The Office of Zero Emission Vehicles (OZEV) is offering three grants, two of which directly benefit rented and rental properties. Tenants and landlords alike can tap into grants covering up to 75% of the chargepoint socket cost, capped at £350 per grant. Over 177,063 domestic installations have already received support through the Electric Vehicle Homecharge Scheme.
As EV demand intensifies and prices become more accessible, smart home chargers are evolving from a luxury to an expectation for tenants. Wallbox emphasizes that a staggering 80% of EV charging occurs at home. The significance of smart EV charging extends beyond mere convenience, potentially translating into substantial financial savings of £230 annually for tenants charging during off-peak hours.
The timing is opportune for landlords to align with the momentum, as the UK government’s focus on establishing a resilient EV charging infrastructure, especially in residential spaces, makes this the ideal moment for landlords to embrace smart EV chargers like Wallbox’s Pulsar Max, securing the future viability of their investments.
A potential national standard looms large on the horizon. In 2019, the UK government entertained the idea of mandating charging infrastructure in all new homes. This proposition could set a global precedent.
Environmental considerations are gaining prominence. With over 50% of the UK’s power sourced from low-carbon technologies, smart home chargers like Wallbox’s Pulsar Max leverage self-produced solar energy. They prioritize sustainable charging and integrate seamlessly with demand response programs for a greener EV experience.
Investing in residential smart chargers is akin to future-proofing properties. In a landscape shifting towards emobility, landlords navigating these currents wisely are securing a sustainable future for their properties.