Research

Driving Change: Transforming Real Estate for the EV Era

Exploring strategies for landlords to capitalise on the growth of EVs

August 29, 2024
Contributors:
  • Wendy Chan
  • Oscar Chan

Hong Kong’s electric vehicle (EV) market is experiencing rapid growth, with over 90,000 EVs now on the road, accounting for over 10% of the total vehicle population. This presents business opportunities for property owners and investors to capitalise on, particularly in terms of land use, leasing and car park.

Site owners at prime locations in the EV market have a competitive edge in establishing partnerships with charge points operators, maximising revenue potential and actively participating in the growing EV market.

In this paper, we will explore:

  • The growing need for public fast charging infrastructure, analysing the current state and future projections.

  • Impacts of the EV market on the real estate sector and associated opportunities.

  • Strategies for landlords to strategically capitalise on the growth of EVs.

  • Challenges facing the establishment of a robust charging infrastructure.

 

Want to learn more?

Get in touch with our team to find out the details of JLL’s research and how we can support your real estate strategy in capturing the business opportunity in the EV market.

 

Fill out this form to download our research summary

To access the full research paper, please contact Jessica Chan via email at hongkongmarketing@jll.com

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