If you have 200Amp service, these are handy: Has pass through lugs or you can add a 100 Amp breaker to feed existing panel (is the current panel 100A?, I saw a mention but only in a reply) and also add an EVSE circuit. Note that if you go this route, you must convert to separate neutral and ground feeds and isolate the neutrals in the existing panel.
Siemens PL Series 200 Amp 8-Space 16-Circuit Main Breaker Outdoor Trailer Panel Load Center-PW0816B1200TC - The Home Depot
You can also get a generator interlock kit for backup power.
Yes, the current panel is 100A.
So I would essentially then be using the current panel as a subpanel? Does that sound like the right thinking?
The cost to that seems cheaper than I would had expected, suppost most of the cost will come from the work done and any additional wiring then?
I'm not sure about wanting a generator kit for backup power, there isn't too much space where the meters and AC units are located, and don't know much about this (also trying to save $ as much as possible).