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California's EV Push Means CRE Better Get Chummy with Chargers

The more electric vehicles on the road, the more space, and power, will be needed for them to plug in.

In general, to understand what will happen, stop listening to what people say and watch what they do. In the case of electric vehicles, that means recognize the future and, if you’re in CRE, recognize that it means charging stations. Especially, but not only, if you operate in California.

The Golden State has approved a rule that will require all new cars and light trucks sold there to be zero-emission by 2035. As Governor Gavin Newsom’s executive order states, “The transportation sector is responsible for more than half of all of California’s carbon pollution, 80 percent of smog-forming pollution and 95 percent of toxic diesel emissions – all while communities in the Los Angeles Basin and Central Valley see some of the dirtiest and most toxic air in the country.”

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Erik Sherman

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