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Updated almost 2 years ago on . Most recent reply

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Jonathan G.
  • Investor
  • Marietta, GA
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Anyone investing in EV charging stations (other than stocks)?

Jonathan G.
  • Investor
  • Marietta, GA
Posted

 It seems like the easiest way to invest in EV charging stations would be to have a handful of them in your strip mall or hotel but is anyone investing in actual full charging stations or even aware of any syndication deals for EV charging stations?

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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
Replied

20 years ago at our fulfillment warehouse we had self driving forklifts.   The driver was just there to take the correct number of units and put them in the basket and when it made it back to the truck center put the correct units into each outgoing truck bay. I tell you this so you understand I am for automation. I was also a Kaizen process improvement black belt.  So I can see beyond what is apparent and beyond anything I can imagine.  I know it’s possible. 

With that said I don’t see the US as it is fundamentally set up from a governance standpoint ever getting to the world of cars you describe. If we do, it will only be in place for a few decades.  There are more efficient solutions to cars.   No cars.  

Driverless cara. Are you willing to wear an ankle bracelet?  Are you willing to wear an RFID device on your body at all times?  Ask your regular Joe and Jane that question and see where the conversation goes.  

Same with cash and electronic money.  Is there a more efficient form of monetary transactions than cash?  Yes. We have credit and debit cards.  All forms of payment go back to “faith”.  So the government which is testing electronic funds could say they will handle not only supplying the cash but also handling the transactions. Again go out to your average Joe and Jane and tell them that. See where the conversation goes.  

Point.   As @Scott Mac noted there are changes in technology and processes. Are you an REI investor or are you a gambler?

I’m in Europe now and have been to Asia.  We can easily do away with cars.   I just won’t vote for the restrictions needed to implement those measures.  Too much of a big sky and open road cowboy.  Part of being in the US.  

  • Henry Clark
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