It’s common knowledge that the number of people purchasing electric automobiles is on the rise and almost everyone is interested in purchasing one. The majority of countries including Singapore are presently making strides toward electrification in order to considerably reduce their carbon emissions by the year 2030. This indicates that electric vehicles (EVs) and the charging stations necessary for them are on their way, and they are here to stay. In this article we are going to discuss how to earn money from EV charging station and other benefits of investing for EV charging stations.
Beneficial for tenants in apartments and shoppers
The owners of public spaces such as apartments would be well to give some thought to EV charger installation in the parking lots of their premises. By doing this, you might be able to easily attract tenants who happen to be the owners of electric vehicles already.
Customers of the past were less worried with the ethical reputation of the businesses from which they purchased goods than consumers of today are. According to research that was conducted and published by Forbes in the year 2017, an astounding 87 percent of consumers have a tendency to have a more favorable picture of a firm that supports social or environmental issues. When it comes to shopping malls, if you have electric vehicle charging stations installed, the shoppers can charge them while they are busy shopping. It would also encourage the other customers who drive hybrid vehicles to conduct their shopping in those places.
Another benefit is the stations’ ability to cut down on tenant turnover. Who wants to uproot their lives and move somewhere else if there aren’t any EV charging stations nearby? Moving would be difficult for a lot of people, including people who live in apartment complexes and people who own businesses and need certain stations since they, their employees, and their customers all rely on them.
EV charger installation will help you improve the company reputation
As company owners, you have to ensure that your best employees love their working place and would love to work for you as long as possible. It is wonderful if you already have parking reserved for them at your location. But, nothing would be better than giving them the opportunity to charge their EVs by installing charging stations at the workplace premises.
The worker comes, maneuvers the vehicle into a parking spot that is outfitted with a charging station, and then connects the vehicle to the station. When the employee’s work for the day is done, the car will have finished charging and will be prepared for the drive home. You can be sure that the worker will value the benefit, giving them even another reason to continue working for you over the course of many years.
88 percent are also more likely to remain loyal to such a company that is eco-conscious in its business practices. To put it another way, the majority of people in today’s society are worried about a variety of social and environmental issues, and they are increasingly choosing to work for an organization that aligns with their own set of moral principles.
Increase the Number of Customers Who Visit Your Company by Placing It on a Map
EV charger installation at your business premises will increase the visibility of your business. It will eventually attract new customers. How? EV drivers are now able to plan their trips, identify places with electric charging stations, and even participate in online conversations, all thanks to the development of new programs like Zapmap app and Open Charge Map App. In these apps, users are also allowed to submit reviews based on their own personal experiences. So, the reality is that these apps can grow a company’s potential client base.
These clients will contribute to the expansion of the company’s brand visibility through word-of-mouth marketing. You will be able to strengthen customer loyalty to your brand and encourage first-time chargers to come back again in the future if you are successful in providing them a great service earning a thumbs up from them. This could be facilitated by offering unique discounts or other incentives to owners of electric vehicles who charge their vehicles at your location.
To the best of our knowledge, owners of electric vehicles also appear to have high amounts of discretionary spending, which means they are likely to make larger purchases when they patronize your company. It is likely that electric vehicles will become the norm for people of all socioeconomic backgrounds as the price of EVs continues to drop across the board. Hence, making an investment in infrastructure that can handle EVs would probably make your company more resistant to changes in the market and provide it a broader appeal in the future.
The Guests at the Hotel Will Adore Them
EV charger installation ought to be one of the most pressing concerns for individuals who work in the hospitality business. They can be a wonderful benefit for guests who opt to bring their own electric automobiles with them. The stations make certain that the vehicles are always ready to go in the event that your visitors want to explore the local attractions or head out for an evening of entertainment in the surrounding area. They won’t have to worry about where they can charge their vehicle, which will make their trip more enjoyable regardless of the reason for their visit: business or pleasure.
Increase your income
Did you know that you can increase your revenue and earn money from EV charging station through EV charger installation? To begin, consumers who drive electric vehicles are more likely to remain on your property for a longer period of time to charge their vehicles. It means that they are more likely to purchases of your goods or services. Charge times for electric vehicles range from 30 minutes to 12 hours on average and are determined by the type of charger used.
You can provide customers with a charging service that is quick enough while also encouraging them to stay a little longer.
Second, electric vehicle charging stations have the potential to generate additional cash on their own. You might want to generate additional money. This is by selling electricity to owners of electric vehicles (EVs), depending on the type of business model you want to pursue.
Gain important insights
If you install your own charging stations on-site, you will have access to a large volume of helpful data. These insights include the costs of your energy, and the activity of your charging points. These kinds of data can be utilized to generate internal reports, logistics planning, and marketing strategies, all of which can help to improve accuracy and make execution procedures more efficient.
Your employees and the business owners will all have immediate access to data insights if you have your own chargers. It does eliminate the need to purchase such data from a third party or have it filtered by a third party. As a result, they are able to use it in the most adaptable and versatile manner possible to get insights into numerous facets of your company’s operations.
The shift away from vehicles powered by fossil fuels and toward electric vehicles is currently underway. If you want your company to be successful and take advantage of the many benefits described in this article, you need to enter the market and begin investing in electric vehicle charging infrastructure as soon as possible. Waiting will only hurt your chances of success. If you are interested in gaining advantages from the EV charger installation project, we can help you to achieve that goal; Contact MNL Asia now.