Hyperdrive
Japan’s Orix, Ubiden Strike Deal for EV Chargers at Older Condos
- Lack of chargers weighing on EV ownership, Ubiden COO says
- Orix manages some 540,000 apartments across the country
This article is for subscribers only.
Japan’s Orix Group and electric vehicle charging provider Ubiden Inc. have agreed to install chargers at existing apartment complexes around the country as the government seeks to have EVs account for 100% of all new passenger car sales by 2035.
Orix, a conglomerate whose businesses span car rentals, real estate, life insurance and banking, manages the largest number of condominiums in Japan — about 540,000 units or 10% of the total stock — via subsidiaries Daikyo Astage Inc. and Anabuki Community Inc.