EV Adoption Is Surging—and Multifamily Properties Can’t Afford to Wait.

Electric vehicle (EV) adoption isn’t just growing—it’s skyrocketing. In 2024 alone, U.S. drivers purchased over 1.3 million EVs, up nearly 40% from the previous year. Globally, EV sales surpassed 17 million, and by 2030, EVs are projected to make up at least half of all new car sales in the U.S. (IEA, BloombergNEF, McKinsey, DOE).

Yet despite this momentum, the majority of multifamily properties are far from ready. EV-driving renters are actively looking for charging access—and if you don’t have it, you’re not on their shortlist.

At National Car Charging, we’re seeing this shift up close. Property owners are feeling the pressure from residents who want reliable EV charging now—not in a year. And the communities that act quickly? They’re seeing a real return in occupancy, retention, and net operating income (NOI).

Here’s why forward-thinking property managers are moving fast—and why you should too:

EV Adoption Is Outpacing Infrastructure.

While EV ownership continues to grow, charging infrastructure isn’t keeping pace. According to the National Multifamily Housing Council, only 5% of U.S. rental properties offer EV charging access today—despite demand rising sharply among residents.

That gap creates a major opportunity for early movers to stand out, attract high-value tenants, and set the standard in their markets.

Renters Want Charging—But Can’t Get It.

Nearly 40% of U.S. households live in multifamily housing, and a growing number of those residents are making the switch to electric. But while more than 80% of EV charging happens at home, most renters don’t have that option—and public charging infrastructure isn’t keeping pace with demand. That leaves millions of drivers with limited, inconvenient, or unreliable access.

Installing EV charging at your property doesn’t just meet this growing need—it shows residents they’re seen, supported, and valued. And that kind of trust builds long-term loyalty.

Charging Infrastructure = Stronger NOI.

EV charging is no longer just a “nice-to-have” amenity—it’s a strategic revenue driver. Properties that offer EV charging are seeing measurable financial benefits, including:

• Higher rents—by as much as $50–$150 per month per EV space, depending on location and demand

• Lower vacancy rates and increased lease renewals, driven by resident satisfaction and convenience

• Stronger long-term property value as EV infrastructure becomes a must-have, not a bonus
  
  In today’s market, this is where smart amenities meet smart business—a high-impact upgrade that delivers both resident value and real ROI.

EV Drivers Are High-Quality Renters.

Studies show that EV drivers are twice as likely to earn over $100K annually, and tend to skew younger, tech-savvy, and environmentally conscious—all traits that align with high-value, long-term renters.

By providing charging access, you’re meeting them where they are—and ensuring they stay with you.

Future-Proof with National Car Charging.

Just like high-speed internet, EV charging is quickly becoming a “must-have” utility. And we make it simple with:

• Turnkey, brand-agnostic charging solutions

• Access to federal, state, and utility incentives

• Full-service installation, operations, and maintenance

• Expert guidance from start to scale

• Whether you’re managing a single property or a national portfolio, National Car Charging’s 13+ years of experience and 12,000+ installed ports speak across 48 states and 1300 clients for themselves.

Ready or Not, EVs Are Here. Let’s Future-Proof Your Property.

Electric vehicles are no longer on the horizon—they’re in your parking lot. And the properties that are equipped to meet that demand? They’re the ones attracting top-tier tenants, boosting NOI, and standing out in competitive markets.

At National Car Charging, we make it simple to get EV-ready—with the right strategy, the right technology, and a team that’s with you every step of the way.

Start the conversation today: Call 866-996-6387, email info@nationalcarcharging.com, or visit nationalcarcharging.com. No pressure. Just smart planning, future-focused solutions, and real results.