The Benefits of Installing Level 3 Charging Stations in Commercial Properties

The world is rapidly moving towards a sustainable future, and it's becoming more evident with each passing day. Technology is changing, people are becoming more aware, and businesses are starting to take action. One of the significant steps towards a sustainable future is the implementation of electric vehicles (EVs) and the necessary infrastructure to support them.

Summary:

Installing Level 3 charging stations in commercial properties is one such action that businesses can take to reduce their carbon footprint and help drive society towards a cleaner future.

What Are Level 3 Charging Stations?

Level 3 charging stations, also known as DC fast chargers, are a type of charging station that provides the fastest charging option for electric vehicles. Unlike Level 1 and 2 charging stations, which typically take several hours to charge an EV, Level 3 charging stations can charge an EV to up to 80% capacity in less than 30 minutes.

The Advantages of Installing Level 3 Charging Stations in Commercial Properties

• Attracting Customers: Installing Level 3 charging stations in a business's parking lot can attract customers who own electric vehicles because it gives them the convenience of charging their car while they shop or work.
• Increasing Property Value: Commercial properties that have charging stations installed are likely to have a higher resale or rental value because they offer a unique amenity that not all properties have.
• Fostering Sustainability: By installing Level 3 charging stations, businesses are contributing towards a greener future and helping reduce carbon emissions.
• Generating Revenue: Depending on the business model, companies can generate additional revenue with the addition of charging stations. Some companies offer pay-per-use charging or include free charging as a value-added service to customers.

Key Takeaways

• Level 3 charging stations are fast-charging options for electric vehicles, and they offer the convenience of charging an EV in less than 30 minutes.
• Installing Level 3 charging stations in commercial properties can attract customers, increase property value, foster sustainability, and generate additional revenue.
• By installing charging stations, businesses are playing their part in reducing carbon emissions and driving society towards a cleaner future.

Industry Statistics

• According to the International Energy Agency (IEA), the number of electric cars on the road reached a record high of 10 million in 2020, with sales up by 40% compared to 2019.
• The IEA also predicts that the number of electric passenger cars could reach 145 million by 2030, up from 3 million in 2017.
• The number of Level 3 charging stations is increasing rapidly, with over 31,000 public DC fast charging stations installed globally as of 2020, according to the IEA.

Installing Level 3 charging stations in commercial properties is a step towards a sustainable future. It not only benefits the environment but also attracts customers, increases property value, and generates additional revenue. As businesses adopt sustainable practices, they not only benefit themselves but also contribute to creating a better tomorrow for everyone.