EV vehicles and housing change in the UK
Housing is expected to change along with the future shift towards EV vehicles. In the UK, EV vehicle charging installations are being looked at as one of the necessary specifications to improve property values.
This summer, the UK recorded its first ever heat wave with temperatures exceeding 40°C. The UK is not designed to withstand extreme heat, so airports and rail services had to be suspended or interrupted, and there were disruptions everywhere.
These extreme weathers are undeniably due to the effects of global warming and urbanisation, and it is a fact that global warming countermeasures are an urgent issue on a global scale. In the UK, too, there is a policy to legislate zero carbon dioxide emissions by 2050 and to ban the sale of new petrol and diesel vehicles by 2030.
The UK Government is also promoting the spread of electric vehicles as part of this measure. Notably, in November 2021, Prime Minister Boris Johnson announced that from 2022 it will be mandatory for new residential and commercial buildings in the UK to be fitted with EV charging stations. When this comes into force, it is expected that up to 140,000 more EV chargers will be installed each year.
The UK also provided grants of up to £350 per site for EV charging facilities in homes and workplaces (currently this scheme only applies to flat owners and renters), and EV vehicles will be exempt from the Congestion Charge and the Ultra-Low Emission Zone (ULEZ) Charge and the Ultra-Low Emission Zone (ULEZ).
With the further spread of EVs, EV chargers may become a standard part of the property value checklist.