Modern tenant expectations have evolved. As more motorists than ever consider EV options, and 63% of renters want EV charging facilities, are your properties ready?
Did you know that 41.6% of all new vehicles registered in 2024 were battery-electric vehicles (BEVs), plug-in hybrids (PHEVs) or hybrid-electric vehicles (HEVs)?1 Or that the number of homes on the market with an EV charger has increased by 592% since 2019?2
The uptick in EVs has been remarkable and the trend will only strengthen in the coming years as the UK approaches its 2035 ban on combustion vehicles.
EV Charging attraction
In fact, many tech-savvy or environmentally conscious home buyers have put EV chargers in their top 10 priorities for a property.3 The National Association of Property Buyers estimates that adding a high-quality EV charger can increase property value by between £3,000-5,000 – far more than the cost of a charger and installation.
For landlords looking at occupancy and rental yield, the addition of a charger can make a property more attractive. For the UK’s 2.1 million existing EV owners, it’s already a daily essential!4
Take a look at this Zaptec EV charging installation at an Apartment block in Richmond, London.
Why now is the time to provide EV charging
Demand is high and increasing, here are some key reasons to enhance your property with EV charging now:
- Lock in longer-term contracts, higher yield, and achieve higher occupancy rates.
- Access cheaper tariffs developed for EV chargers, adding value to your rental offer.
- Use the newly extended Government grants of £350 or 75% off the cost to buy and install a charger.
- Unlock new passive revenue streams by offering public chargers with the Zaptec Pro.
Zaptec: Smart technology, smart savings
Zaptec is a leading EV charge point manufacturer from Norway – the world’s leading EV market.
Its chargers are already powering over 600,000 residential units across Europe with a global uptime rate of 99.97% – all backed by an industry-leading 5-year guarantee and exceptional support.
Zaptec chargers are also some of the most cost-effective on the market, with real-world cases demonstrating that the Zaptec Pro and its single-cable install capability result in a 70% reduction in cable cost, a 60% reduction in labour cost, and cut installation time by 60%.
Zaptec also offers easy and open payment integrations with the provider of your choice but comes with Tap included for easy setup and management.
Enhance property value and rental yield with the Zaptec Go for Home and Zaptec Pro for commercial EV charging.
Get in touch to find out more about professional and home EV charging