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How Electric Cars Might Affect Multifamily And Other Real Estate

26 May 2023 | Abstracted from Forbes

"... owners of apartment and condominium buildings will feel increasing pressure to offer charging services in their garages...By cutting out an outside commercial charging station, the electric car owner can save 50% or more of the cost for the same electricity...

"...we may end up seeing a huge fundamental shift away from privately owned vehicles of any kind in favor of shared electric vehicles like the bikeshare programs..."



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