The property industry holds the key to the electric vehicle transition

The Property Council of Australia has announced the property industry will play a critical role in the transition to electric vehicles.

Property Council’s NSW Deputy Executive Director Lauren Conceicao said without adequate and appropriate electric charging stations the market will not convert.  

“If you don’t have charging points, you can’t have electric vehicles,” Ms Conceicao said. 

“The property industry has the capacity to encourage the shift to electric vehicles by incorporating efficient energy supply and consideration of electric vehicle public charging stations in the planning and building of new infrastructure. 

“New buildings should be made EV-ready, to ensure they are future proofed for the transition of our vehicles away from combustion technologies. 

“This will avoid expensive retrofitting down the track and will incentivise more people to purchase emissions free vehicles in the future. 

Ms Conceicao said hotels and businesses should also consider allocating parking spaces for guests and employees to recharge.  

“Today’s announcement from the NSW Government of $171 million for new charging infrastructure across the State will get us a step closer but more will be needed to be done. 

“The transition to electric vehicles will provide significant benefits across energy, transport, public health, infrastructure and industry development. 

“Low-emissions electric vehicles are not only climate-friendly, but also improve air quality, potentially slashing carbon emissions by up to 90 per cent.” 

The announcement also includes $131 million to spend on new ultra-fast vehicle chargers, $20 million in grants for destination chargers to assist regional tourism, and $20 million for charging infrastructure at public transport hubs; and $33 million to help transition the NSW Government passenger fleet to EVs where feasible, with the target of a fully electric fleet by 2030. 

Media contact: Aidan Green | M 0491 030 028 | E [email protected]