The Biden White House announced new initiatives in electric vehicle chargers, including new technical standards for electric vehicle (EV) chargers and a combination public-private buildout of a national charging network.
It's been clear for at least the last year that the CRE industry has to pay attention to charging needs because they will have significant impacts on building and facilities design that mean special considerations and, for existing properties, changes that will likely be needed.
That has meant landlords, builders, investors, and others have to stay on top of how they are going to provide charging facilities at multifamily, offices, retail space, medical buildings, and more. The news today is important for their plans because charging is at the heart of being able to run EVs so people can readily use them.
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