Responding to the rapidly growing demand and use of electric vehicles, the commercial real estate services and investment firm CRBE Group, Incorporated, has announced a service designed to provide electric vehicle infrastructure advice.
In a statement, Don Leeke, president GWS Sales & Solutions, which oversees CRBE’s electric vehicle service line, noted that an ongoing societal transition to electric vehicles “represents one of the most significant evolutions of transportation in many decades.”
The new service will focus on assisting clients in establishing electric vehicle charging infrastructure, identifying locations, and both planning and installing such infrastructure.
The new CRBE service comes as industry analysts are forecasting a double-digit increase in the electric vehicle market in the next several years.
According to a recent study by the professional services network Pricewaterhouse Coopers, the electric vehicle charging network is expected to grow by tenfold just to “satisfy the charging needs of an estimated 27 million electric vehicles on the road by 2030.”
The market expansion has been additionally bolstered by passage of the Infrastructure Investment and Jobs Act, which is providing up to $7.5 billion in federal funding for the building out of a national electric vehicle charging infrastructure.
By Garry Boulard
