Our hearts, brains, and garages are gradually being occupied by electric vehicles. Finding out what advantages electric vehicles have in Canada is as simple as doing a web search. Smart motorists have chosen this environmentally friendly option in part because of the high cost of gasoline these days. If you are looking for a more holistic view on the topic, here are some advantages that could be useful.
It Saves Time
Having the ability to charge your electric car at your condo saves you a lot of time. Having a “full tank” every morning and never having to set foot in a petrol station again sounds amazing, doesn’t it? Eighty percent of the time, those who own electric vehicles charge them at home.
Before the time comes
There will be scarcity of charging stations and long lines at public ones as the number of electric vehicles in Canada increases in a few years. Avoid unnecessary wait times by being among the first to anticipate the issue.
There has been an upward trend in the percentage of electric vehicles sold in Canada, which reached above 5% in 2021. It should be noted that there are government incentives available to early adopters who install home EV chargers. There is a significant amount of money available for the installation of electric home chargers on multi-family houses and condos at the moment, but incentives will not remain forever.
A long-term Investment
Condominium parking spaces that provide electric car charging capabilities are purchased for $5,000 to $10,000, with prices fluctuating based on proximity to the city center. Having the convenience of charging your automobile at home is rather appealing, isn’t it?
Also, if you are a real estate owner seeking for rental properties, consider installing electric vehicle charging stations in the parking lots. This will entice well-educated renters who will understand the logic behind it. Better property upkeep, more disposable income, and positive word-of-mouth about your rental property are all benefits of renting to renters with higher levels of education.
Minimize Environmental Pollution
Your actions will have a significant impact on the humans who will live our planet in the next century, regardless of how much you care about the environment now. With fewer pollutants, we can all breathe easier, climate change-related extreme weather occurrences like random tornadoes will be less common, and future generations will be able to live on a healthy world.
There are a lot of other advantages to placing electric vehicle chargers in your condo parking spot that are not covered yet, such as the fact that they might potentially bring in more revenue for your condo organization. Feel free to contact Cambridge for a talk or to request a spot on our blog if you have any other suggestions.
