Why Installing Electric Vehicle Charging Stations is Your Company’s Next Move

If there’s one thing that we can’t ignore when it comes to corporate social responsibility, it’s the impact of transportation on the environment. Although the manufacturing and operation of electric cars aren’t entirely carbon-neutral, they still emit less greenhouse gases compared to their traditional fossil-fueled counterparts.

Summary:

With more electric cars hitting the roads, it only makes sense for businesses to install electric vehicle charging stations on their premises. However, the installation cost is a concern for many companies. Let me tell you why it’s worth investing in electric vehicle charging stations despite the installation cost.

The Advantages of Installing Electric Vehicle Charging Stations

• Attract and retain customers and employees - By installing electric vehicle charging stations, you’re showing that you care about the environment and are committed to sustainability. This sends a positive message to your customers and employees, making them more likely to support your business.
• Cost savings – Electric vehicles are more affordable to operate compared to traditional vehicles. By encouraging your employees and staff to switch to electric vehicles, you can save on fuel costs and maintenance costs.
• Increased productivity – Most electric vehicle charging stations take three to eight hours to fully charge a vehicle. By providing charging stations at the workplace, employees can charge their vehicles while they work, without having to leave and find somewhere else to charge.
• Enhanced brand image – By adding electric vehicle charging stations to your business, you create a positive public perception of your brand. You demonstrate that your organization is environmentally responsible and committed to sustainability.
• Future-proofing your business – The demand for electric vehicles is only increasing. By investing in electric vehicle charging stations, you’re demonstrating a foresight that sets your business up for success in the long-term.

Key Takeaways

There are numerous benefits to investing in electric vehicle charging stations, despite initial concerns of installation costs. These include:

• The ability to attract and retain customers and employees by showing your commitment to sustainability
• Cost savings for your business and employees through the adoption of electric vehicles
• The increased productivity of employees
• The enhancement of your brand image through positive public perception
• Future-proofing your business by taking a proactive step towards the rising demand for electric vehicles

Industry Statistics

In 2021, electric vehicle sales are projected to be around 4 million, up from 2.5 million in 2020. By 2030, it is estimated that electric vehicles will make up 25% of all vehicle sales globally. In the US, the Biden administration plans to add 500,000 EV charging stations by 2030, which presents an enormous opportunity for businesses to take advantage of.

Conclusion

The installation of electric vehicle charging stations is a critical step towards developing a sustainable and environmentally responsible business. The advantages of electric vehicle charging stations include cost savings, brand enhancement, and employee productivity, in addition to supporting the adoption of electric vehicles. With the Biden administration’s ambitious EV charging station target, the installation of electric vehicle charging stations is an investment in the future of your business.