Summary

In this conversation, Clyde Wilson and Krista Olien discuss the topic of electric vehicles (EVs) and the parking industry's involvement in the charging business. They explore the current state of EVs, the challenges and opportunities for parking facilities, and the future of EV technology. They also touch on the concept of Moore's Law and its application to EV development. The conversation highlights the need for caution and strategic planning in the parking industry's approach to EV charging.

Keywords

electric vehicles, EVs, parking industry, charging business, hybrid vehicles, EV development, Moore's Law

Takeaways

The parking industry is exploring the opportunity to enter the EV charging business as a way to generate additional revenue.

The current phase of EV development is still in the early adopter stage, and charging times and battery range are continuously improving.

The cost of charging at work may be higher than charging at home, leading to a lower demand for workplace charging stations in the future.

Gas stations are likely to enter the EV charging market once charging times decrease and the technology becomes more widespread.

Plug-in hybrids are another category of vehicles to consider, as they have smaller batteries and may require workplace charging.

The parking industry needs to be cautious and adapt to the evolving EV landscape, considering factors such as maintenance, infrastructure, and government regulations.

Chapters

00:00 Introduction to Electric Vehicles and the Parking Industry

06:00 The Potential Entry of Gas Stations into the EV Charging Market

12:59 Moore's Law and its Application to EV Development

23:58 The Role of Plug-in Hybrids in the EV Landscape