Charging up for the future

As the electric transition accelerates worldwide, the implications for commercial real estate – and especially the office sector – are becoming impossible to ignore. Electric vehicles (EVs) are steadily replacing combustion engines as companies intensify their decarbonisation efforts, and this shift is reshaping expectations for office buildings, fleet management strategies and urban infrastructure planning. The end of petrol ESG concerns and ever-more stringent green reporting requirements are now major factors in companies’ decisions to switch to electric fleets as one way to decarbonise their operations. And while government subsidies have come to an end, resulting in a fall-off in the sales of electric vehicles falling, over the longer term we should expect the market to bounce back. Furthermore, it’s likely that vehicle producers will sooner or later stop selling traditional petrol-engined vehicles. As a result, companies should be considering the change