As businesses welcome 2023 and continue to plan for the year, knowing where to invest for long-term growth can be tricky. With so much change happening in the world, the economy, and people’s buying behaviors, what should be the focus?
One investment to consider is installing electric vehicle (EV) charging stations. With an increased focus on sustainability, the projected increase in EV new car sales, and incentives from the recently extended EV business tax credit, installing electric vehicle charging stations can add substantial value to your facility and business goals.
Projected Consumer EV Growth
EV sales in the U.S. are projected to account for 29.5% of new cars sold by 2032.1 In fact, according to Consumer Reports2, 7 in 10 U.S. adults with a valid driver’s license are interested in purchasing an EV.