Trafford tops list of places to plug into EV chargers
Knight Frank has identified the 10 areas of the UK with the greatest potential for asset owners to deliver value-enhancing electric vehicle charging points, with Trafford in Greater Manchester topping the list.
The report examines factors such as the abundance of electric vehicles versus the number of people living in flats and current availability of public charging points to calculate the parts of the UK where the opportunity for EV charging is greatest.
Trafford tops the list followed by East Riding of Yorkshire, Bolton, Birmingham and Edinburgh. The full list is available in the report EVs: The Everywhere Vehicle.
Knight Frank has identified the 10 areas of the UK with the greatest potential for asset owners to deliver value-enhancing electric vehicle charging points, with Trafford in Greater Manchester topping the list.
The report examines factors such as the abundance of electric vehicles versus the number of people living in flats and current availability of public charging points to calculate the parts of the UK where the opportunity for EV charging is greatest.
Trafford tops the list followed by East Riding of Yorkshire, Bolton, Birmingham and Edinburgh. The full list is available in the report EVs: The Everywhere Vehicle.
According to Knight Frank, charging fees per bay can yield between £2,500 and £6,000 per annum and will also enhance property values across retail centres, offices and residential developments.
The UK currently has 62,500 public EV charging points, of which 17% are rapid or ultra-rapid. This contrasts with the calculation of the Climate Change Committee, which says 325,000 points will be needed to support widespread EV adoption.
Knight Frank global head of energy, sustainability and natural resources David Goatman said: “For property owners, identifying assets in their portfolios that are well positioned for charger installation could present valuable income opportunities. By anticipating charging demand, owners can strategically position their properties to meet evolving future requirements.
“Grid capacity and constraints and complex planning processes can delay charger installations. Therefore, it is important for asset and landowners to understand import and export capacity for all sites and seek opportunities now to secure these connections.”
Image from Trafford Wharfside Development Framework
