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EV Ready Homes — All You Need to Know

EV Ready Homes — All You Need to Know

Apr 5, 2022

In a world that is constantly changing, purchasing an electronic vehicle (EV) is increasingly becoming the norm these days. However, the interesting thing about EVs is that you might be able to charge it from the comfort of your home instead of a gas station. This is certainly going to save you a lot of time as you will not have to make any more trips to the gas station.

Therefore, it is crucial to think of the ability of housing societies to be able to charge your new vehicle. Even though upgrades are required in several cases, EV Ready Homes are usually inexpensive. Usually, EV manufacturers or dealerships may even include charging equipment installation in the sale price of the vehicle. However, you will have to call an electrician for all kids of maintenance work or upgrades.

The good part is that once the installation is done at your home, you will be able to charge your EV by plugging in the charging cable after you have parked, similar to how one charges their mobile phones at home. Reports state that using a 7kW home charging port, most EVs can charge to full capacity in around 5- 10 hours so your car will be ready to go when you decide to leave the house. Also, there are rapid chargers which can fasten the process even more, charging most cars to about 80% in under an hour.

Why the world is moving towards EVs

There are several benefits of owning an electric vehicle. Some of these vehicles have very low running costs as they have fewer moving parts for maintaining. These cars also happen to be very environmentally friendly as they use little fuel. Moreover, EVs have low registration fees or none at all in some cases. In addition, few states are giving free registrations if you purchase an electric vehicle. Moreover, municipality-designated parking spots are free for EVs. While a smaller cost, one does not have to pay for PUC certificates as well. On the other hand, citizens using the EVs are also avoiding unnecessary sound pollution. As climate change worsens over the years, the popularity of electric cars has soared as they are easy to maintain, cheap to refuel and fun to drive, due to which affluent buyers are increasingly going electric.

Making your home ready for your EV

This year has seen a breakthrough when it comes to battery-powered cars. With exciting new technologies being developed at home, it is safe to say that EV Ready Homes are the future which promises to slash charging times to minutes, extend range significantly and further enhance safety and automation features.

In India, these cars have slowly taken off in metropolitan markets. As car manufacturers such as Tata Motors, Mahindra, and MG Motors bring more mainstream EVs to the market, multiple start-ups are now focusing on bringing charging infrastructure to mass availability. With the increase in mass production, car prices are slowly but surely set to decrease. The Centre along with various state governments, are also subsidising EV purchases and offering benefits for buyers to reap.

With the market, therefore, being highly conducive if you are in the market for a new car, these might be some of the crucial factors to consider before making a purchase.

Axis Ecorp is also bullish about this segment and looking at offering charging facility in its upcoming projects. Known for its great quality and forward thinking, the group has already made a mark as the top real estate developer in Goa. It future projects include the prestigious Axis Yog Villas, Axis Lake City and Lake City Plaza and Axis KNCZ.

The company has always been ahead of its time and was one of the first to spot the burgeoning opportunity in the holiday home segment. Over the years, it has carved a niche for itself through its well-thought, well- planned construction. It is now bracing new technologies and innovations that will enable the homeowners to have an unmatched experience.

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At Axis Ecorp, we firmly believe that there is no shortcut to success. The Group’s endeavours reflect the value we place in building long-term relationships, offering personalised and transparent services, and staying ahead of the competition.

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