Electric Vehicles in Community Associations


Electric Vehicles Projected to be 35% of New Car Sales in 2040: What About the Electronic Charging Stations?

Governments from around the world, including, China, Germany, Japan, Netherlands, Norway, U.K. and the U.S. are taking steps to combat climate change by increasing access to clean energy technologies and reduce dependence on oil.  One policy focus has been on programs that will accelerate the adoption of electric vehicles.

A Bloomberg New Energy Finance report suggests that the sale of electric vehicles in the U.S. will hit 41 million by 2040, representing 35% of new car sales.  The future of electric vehicles, however, depends on several factors; including vehicle cost and maintenance, oil prices, government tax incentives to manufactures and purchasers, and … vehicle charging stations.

Accessibility to vehicle charging stations at the workplace and at home are critical to the future of the electric vehicle.  Consumers are going to demand they be close to their home or better yet – at their home.  What leadership role will condominium and homeowners associations take in helping our country meet the changing needs of consumer choices as it relates to their vehicle? Continue reading on CAI’s Government Affairs Blog >>