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Electric vehicles: An Airbnb style company enables people to rent out EV charging stations – The Australian Financial Review

A company that enables people with parking spaces or home garages with an electric vehicle charging station to rent it out to other EV owners for a fee says it has 600 people on its books already, after just a few weeks of operation.
Chargehound says there is strong latent demand for the service, particularly among apartment dwellers and those living in share houses who own EVs but may be restricted from putting in a charging point.
Simon Griffin, the general manager of Chargehound, which he describes as an ‘Airbnb’ style business for those wanting to rent out electric vehicle charging stations when they aren’t being used by the owner. Renee Nowytarger
General manager Simon Griffin says the group’s own research shows 80 per cent of people with electric vehicles have a charging point at their own residence. The ability for potential users to book a specific time to charge their vehicle at one of those spots is a big plus.
“Through our model you’ll be able to book it,” he said. “There’s no risk of going out to a public charging station and finding there’s a line-up”.
“It’s the Airbnb of charging,” he said, referring to a similar model to the global accommodation booking service where people book with a property owner.
He said the business would help in advancing the take-up of electric vehicles in Australia and help address the issue of “range anxiety”, where motorists are fearful they may run out of charge before being able to make it to the next charging station.
“The more charging points and stations out there the less that will be an issue,” he said.
Chargehound is piggybacking off another business which the group runs called Parkhound, which has 50,000 parking locations around Australia, including all of the major cities.
Electric vehicle owners are able to search on Parkhound for privately owned parking spaces that also have charging facilities. Mr Griffin said owners of those spaces would put an extra fee in place rather than try to work out how much electricity was being used for a specific charge. Parkhound has 200,000 drivers on its platform.
Mr Griffin said some EVs can take up to 20 hours to fully charge via a standard power socket, and so there was a clear shift towards fast chargers.
Parkhound and Chargehound are owned by Spacer Technologies, which in 2018 expanded the Parkhound model into the United States.
Mr Griffin, who drives an electric Volvo XC40, said there were varying estimates on just how many electric vehicles were on the road in Australia, but it was likely close to 50,000.
Chinese-owned Swedish car brand Volvo outlined a few days ago that it planned to stop selling petrol-powered vehicles in Australia by 2026.
Other large corporate players including miner BHP have also joined the push for Australia to move faster on the take-up of EVs. BHP wants a ban on sales of new petrol and diesel powered cars in Australia by 2035 and says governments should ensure there is the necessary infrastructure to support an increasingly electric car fleet.
BHP’s nickel asset president Jess Farrell on November 3 called for other Australian states to adopt the electric vehicle policy announced by the Australian Capital Territory in July, which is to cease registration of cars that are not “zero emissions vehicles” by 2035.
About 2 per cent of new vehicle sales in Australia last year were electric vehicles, which is well below the adoption rate of global averages.
Tesla’s Model Y became the third largest selling vehicle of any type in Australia in September, but fell back to No.17 in October, the latest sales figures collated by the Federal Chamber of Automotive Industries outlined on November 4.
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