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night Frank's report, EVs: The Everywhere Vehicle?, delves into the opportunities and challenges for real estate asset owners in the rapidly growing electric vehicle market. As UK policy shifts and consumer demand drive EV adoption, the report highlights strategic pathways for property owners to capitalise on the need for EV infrastructure.

    With a global network spanning 488 offices across 57 territories, Knight Frank stresses the importance of EV charging infrastructure in maintaining and enhancing property value. Private EV ownership has surged in the UK over the past five years, with Labour's pledge to phase out internal combustion engine sales by 2030 expected to intensify momentum.

    However, significant barriers remain, including vehicle costs, charging infrastructure, driving range concerns, and charging time. The Climate Change Committee estimates that 325,000 public charging points are necessary across the UK for widespread EV use, but only 62,500 public chargers are currently in place, with just 17% classified as rapid or ultra-rapid.

    Knight Frank's report provides valuable insights into EV infrastructure opportunities, including household demographics, charger availability, and EV ownership figures. The findings pinpoint top areas for growth, such as Trafford, East Riding of Yorkshire, and Birmingham.

    David Goatman, Global Head of Energy, Sustainability & Natural Resources at Knight Frank, highlights the strategic importance of data: "Property owners can identify valuable income opportunities by anticipating charging demand and strategically positioning their properties to meet evolving future requirements."

    The report outlines how EV chargers can become lucrative revenue streams for property owners. Charging infrastructure in retail centres, workplaces, and residential developments enhances property value, attracts premium tenants, and generates consistent income. Key revenue insights include:

    * Charging fees: Property owners earn between £2,500 and £6,000 per bay annually.

    * High-traffic locations: Motorways and trunk roads are prime spots, with 30% lacking DC charging, creating substantial opportunities for rapid charger installations.

    While grid constraints and complex planning processes pose significant hurdles, Knight Frank's report advises property owners to proactively assess grid import and export capacities and secure connections. The report highlights that EV infrastructure is not only necessary for sustainability but also a transformative opportunity for real estate owners, positioning their properties to align with future mobility trends in a decarbonised economy.