The number of electric vehicles (EVs) in the United States is growing exponentially. Statistics show that by the year 2040, electric vehicles will make up the majority (54%) of new car sales worldwide. To meet the growing demand, no less than 250,000 new charging stations need to be installed. This presents a unique opportunity for restaurants to monetize their parking lots.
The Charging Station Challenge for EV Drivers
One of the biggest challenges electric car drivers face is that simply aren’t enough public electric vehicle charging stations. As a result, drivers might have to wait in long queues just to get a charge and continue their journeys. Having EV charging stations outside your restaurant will attract new customers to your business and encourage existing customers to come back.
How Restaurants Benefit From EV Charging Stations
The shortage of charging spaces provide an opportunity for restaurants to make money using their parking lot. After all, they are already receiving a lot of traffic – why not take advantage of it? Introducing EV charging as a service incentivizes customers to come to and stay at a restaurant. The benefits of prolonged dwell times on top of increased revenue from charging fees make EV charging stations an obvious choice. Many states are even offering incentive programs that can help cover installation costs!
How Can a Restaurant Implement Charging Stations?
To implement electric vehicle charging stations in its parking lot, a restaurant needs to first select the type of charger that they want to install. There are two basic types of EV chargers: Level II (L2) and DC Fast Charging (DCFC). L2 chargers – like the SemaConnect Series 6 – require low power input and can fully recharge a car battery in three to four hours. Some call L2 chargers “slow” chargers, but they are perfect for restaurant and retail operations. EV drivers usually don’t need a full recharge when they are traveling locally. DCFCs can charge a vehicle to full capacity in about 30 minutes, but many businesses do not choose to install them because they require significant electrical infrastructure upgrades. DCFCs are premium offerings, and restaurant management may need to obtain special permits to undertake construction and distribution grid upgrades.
Once a station type is chosen, restaurants just need to hire an electrical contractor. SemaConnect charging stations are simple and come in one piece, so no special contractor is needed! A restaurant can benefit a lot from installing electric vehicle charging stations in its parking lot. EV charging stations are a powerful way to gain loyal customers and to attract new ones.