Electric Car Charging Operators Offering To Install Chargers In Buildings For Free

Posted on July 17, 2018

A recent survey of 500 Tesla drivers found that owners of the Model X earn an average salary of $503K, while owners of the Model S earn about $267K. For a landlord or business owner, that is just the sort of well-heeled person you want renting your unit or perusing the goods in your store while she waits for her car to charge up.

The companies that own and install the electric vehicle charging stations know this, and they are making it easier than ever for properties to host the chargers on-site, even at no cost. They want their networks blanketing the country, partly for the convenience of the drivers, but also because they make their money on the markup of electricity.

By 2040, more than half of new-car sales and a third of the global fleet — roughly 559 million vehicles — will be electric, Bloomberg reports. Several companies are competing to install chargers throughout the world by then, and even oil companies like BP and Shell are investing in charging networks.

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