Despite what headlines say, when you zoom out, the data tells a clear story: EV adoption is still on the rise, and property owners should be paying attention  

We’re more than halfway through 2025, and the EV industry remains strong. Here are trends we’re tracking at 3V Infrastructure.  

EV adoption continues to break records  

Total EV sales in the U.S. reached a record 607,089 in the first half of 2025. Over the past seven years, the electrified vehicle market has grown 17-fold—an extraordinary trajectory for any industry. At the same time, battery costs have dropped more than 90% since 2010. As the highest cost component of a vehicle, this unlocks the potential for lower cost models. 

EV ownership is becoming more affordable  

Used EV sales surpassed 100,000 units for the first time in Q2—and with more than one million leased EVs set to re-enter the market over the next three years, that number will only grow. By 2026, a new wave of lower-cost, mass-market EVs will hit showrooms.  

While EV sales may dip briefly, adoption will continue to grow in 2026 

Industry experts expect a spike in Q3 sales followed by a slowdown in Q4 as government-backed incentives phase out in the Fall. Without incentives, buyers will focus on what matters most in 2026: price, lifestyle fit, and long-term value. On all three counts, EVs are increasingly competitive. 

Increased EV adoption is not just a California trend anymore 

EV adoption is accelerating in markets nationwide – cities like Austin, Phoenix, Denver, and Boston expect double digit EV penetration in the next three years. 

The bottom line? The loss of federal incentives may affect EV sales in the short-term, but it won’t derail long-term growth. EV adoption is here to stay. The next challenge—and opportunity—is charging access. 

What it means for property owners 

While the number of public chargers has doubled since 2020, the most convenient and preferred place to charge is at home. That’s why multifamily residents are increasingly asking for charging where they live.  

For property owners, offering at-home charging as an amenity is quickly becoming a key differentiator. We’re hearing from more and more property owners that they are losing lease renewals because they don’t offer reliable charging.  

 3V Infrastructure makes it easy to address these shifting resident expectations. Our no-cost, no-hassle model is purpose-built for multifamily properties. We provide the capital, handle installation, and take on all operations and maintenance—ensuring chargers stay reliable and residents get the experience they expect. 

The takeaway is clear: EV adoption is accelerating, and resident expectations are shifting fast. Properties without charging risk losing new and existing residents to competitors. Waiting to think about charging until more of your residents drive EVs could be too late. Now is the time to get ahead.