Weekly Radar #323: No Brakes For EVs, Calling BS On The Anti-CCP Argument
In this Weekly Radar, we cover:
- D.C.'s new proposed EV bill boosts companies like GoPowerEV and Orange Charger in expanding charging infrastructure.
- Reffkin's housing market claims face skepticism, and Compass's AI strategy questioned against longstanding likely to sell rivals like Revaluate.
- The GEM Proptech Index had a combined market cap of $231.506B, a 3.52% decrease from the previous week.
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Geek Estate Blog Recap:
Geek Estate Team
Geek Estate Team
Geek Estate Team
Geek Estate Team
Jonathan Klein
Transmission Recap:
Last week, Drew Meyers argued there is a category king opportunity to emerge as the air traffic controller for the New Aerial Economy. Most recently, Drew Meyers talked about how 40 year listing agreements have been rightly outed but securing long-term homeowner relationships doesn’t have to be predatory.
BUILT WORLD
THE SUSTAINABLE CONSTRUCTION MERRY-GO-ROUND
By: Logan Nagel
Washington, D.C. recently passed a game-changing bill for electric vehicles. The bill would require EV chargers and parking spaces at new and substantially improved commercial and multifamily buildings with parking lots. That means plugs suitable for charging at new construction homes, giving condo and homeowners governed by a community or condo board the right to install chargers, mandating fast chargers at many new or substantially renovated gas stations, and requiring landlords to provide EV chargers if compliance conditions are met. It will also provide financial support such as vouchers for homeowners and landlords looking to add EV infrastructure.
If enacted, the bill represents real movement toward widespread EV adoption and a playbook for other jurisdictions to follow. It will also give a huge bump to companies like GoPowerEV, which offers a modular solution to deploy chargers at multifamily properties as demand scales, and Orange Charger, which uses slightly less powerful–yet cheaper to install–charging infrastructure at apartment buildings. Along with the massive lithium reserves recently identified under Arkansas, DC’s proposed policy could put the pedal to the metal for mass EV adoption.
REAL ESTATE
CALLING BS ON THE ANTI-CCP ARGUMENT
By: Drew Meyers
Robert Reffkin took to CNBC this week, and when asked about the housing market conveniently pivoted the conversation directly to home sellers being disadvantaged by CCP. Listen to the whole interview, or read his Instagram post for the CCP argument: