New Alpaca Field Study: EV, Parking & Mobility Tech
Authors: Daniel Fetner, Linna Zambardino & Andrew Peng
The electric vehicle (EV) boom is coming, and it may be here sooner than property managers think.
The Biden administration is heavily investing in EVs, announcing an executive order that sets a target to make half of all new vehicles sold in 2030 zero emissions, including battery-electric, hybrid electric, or fuel cell EVs. The global EV charging station market size is expected to gain momentum by reaching $111.90 billion by 2028 from $17.59 billion in 2021 while exhibiting a stellar CAGR of 30.26% between 2021 and 2028.
With global automakers doubling down on pledges to offer EVs, current infrastructure needs to catch up nationwide. This will soon be part of our landscape for future highways, schools, airports, and every property type. Property managers will be expected to offer EV charging stations as an amenity to tenants, no different than providing free coffee or internet.
Similar to EV charging stations, other aspects of mobility and transportation can benefit from innovations in order to develop a property ecosystem that simplifies resident’s lifestyle: parking management, alternative transportation, micro-mobility, last mile delivery, just to name a few.
This is why we are conducting a Field Study in “Parking and Mobility Technology.” There is no better time to dig in to better understand these areas of innovation that expand resident services. CRE landlords benefit from additional revenue, brand loyalty, happy customers, and tax credit benefits. Customers enjoy convenience, optionality, and better customer service. Technology innovations enabling resident experiences are an integral part of the PropTech ecosystem.
We are excited to announce the launch of our field study and look forward to engaging with founders, investors and thought leaders over the next few months.
