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For property owners managing multiple sites, installing electric vehicle chargers across multiple locations can be a high-impact upgrade with added layers of complexity. Multisite rollouts require careful design and planning, with special considerations during each phase of the project. To support your portfolio-wide strategy, we’ve created the 7-Point EV Charging Readiness Checklist For Large-Scale Property Owners: a handy quick-reference tool that highlights the key factors to consider...
In Toronto, the greatest enthusiasm for electric vehicle adoption is among the age groups most likely to live in apartments. Clean Energy Canada reports that two-thirds of apartment-dwellers aged 18 to 44 in the Greater Toronto Hamilton Area say they’re inclined to buy an EV. In a densely-populated area where nearly half of households live in buildings that are five or more storeys, EV charging has become an essential amenity that multi-unit residential buildings (MURBs) can’t do without. Read...
Starting today, Canadian businesses, building owners, and fleet operators can apply for a new round of federal funding to support the installation of EV charging stations. The Green Economy Canada EV Charger Incentive Program officially opened at 9:00 AM ET this morning, with $1.7 million available to support EV charging station installations across the country. In this first round, $1 million is available through July 23, 2025, with $300,000 reserved for equity-deserving groups. A second...
EV charging can be a valuable income stream for your business or multifamily building. With the right location, promotion, and pricing strategies, charging can generate thousands in additional revenue each year. Here, we answer the most frequently asked questions about earning revenue and maximizing profitability from your EV charging operation.How Does EV Charging Generate Revenue?Installing EV charging stations opens multiple revenue streams for operations, including: Attracting more...
Electric vehicle charging is a reliable revenue stream for real estate, equipping commercial and multifamily properties with a must-have amenity for a carbon-neutral economy. As importantly, EV charging also supports the key non-financial aspects of your portfolio that appeal to shareholders and tenants, such as promoting overall sustainability, transparency, and ethical business practices. Read on to discover 15 high-impact ways partnering with Hypercharge can help REITs and portfolio groups...
In our last post, we looked at how real estate investment trusts (REITs) can earn direct revenue through electric vehicle charging. With the right partner, a well-deployed EV charging operation can also power up property values through higher-quality tenants, increased occupancy rates, decreased turnover, and a greater net operating income. Here, we take a closer look at prime locations for EV charging, rounding up the numbers to show where the best opportunities lie across your...
With global EV sales hitting record highs in 2024, now is the time for forward-looking real estate investment trusts (REITs) and other large-portfolio players to increase the value of holdings by installing electric vehicle charging. EV charging stations not only invite desirable tenants, customers, and employees, but are a reliable source of direct revenue — significantly strengthening a property’s position within an evolving market.Prime Locations for REIT EV ChargingREIT portfolios are rich...
Alberta is making it easier for businesses, municipalities, and condominium corporations to invest in EV charging infrastructure with the launch of a new funding program. Administered by Alberta Municipalities (ABmunis), the Electric Vehicle Charging Program (EVCP) opened for applications on February 5, 2025, offering $1.7 million in funding to help offset the cost of purchasing and installing EV chargers. This initiative, funded by Natural Resources Canada’s Zero Emission Vehicle...
Update: Applications Now Closed Applications for Manitoba’s Climate Action Fund closed on January 20, 2025, at 12:00 PM CST. This post remains available as a reference for those interested in future funding opportunities.Manitoba’s push toward a low-carbon future just received a significant boost with the provincial government announcing an additional $1.5 million in funding for the Climate Action Fund. This funding, aimed at advancing green projects across the province, includes critical...