Ev Realty Announces Growth Investment, Expands Expert Leadership Team To Provide Turnkey, Scalable Fleet Charging Infrastructure
PRIVATENov 15, 2022
Round Type
Venture
San FranciscoTransportationLogistics
Description
EV Realty, Inc. (“EV Realty”), an EV infrastructure development platform purpose-built to maximize electric power availability for critical commercial fleets, today announced that it secured a $28 million investment from leading energy transition investors and expanded its executive team. Enabled by its founders’ decades of relevant leadership experience and unique understanding of the electric grid, renewable energy and the challenges facing commercial fleet operators, EV Realty is developing grid-scale charging infrastructure designed for fleet customers at strategically sited “powered-properties” in key commerce hubs and along last-mile routes.
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Company Information
Company
EV Realty
Location
San Francisco, California, United States
About
EV Realty develops, deploys and owns charging infrastructure critical to electrifying commercial fleets in the U.S at scale. The company accelerates the adoption of large EV fleets by focusing on the fundamental constraint all electric fleets face: low-cost, reliable and expandable access to grid-scale power. EV Realty is developing a network of grid-optimized, large-scale EV charging hubs for delivery, logistics, services and vocational fleet customers. EV Realty’s depots serve multiple commercial fleets in secure, high-power locations with guaranteed charging access and availability, and are located proximate to major logistics corridors within last-mile delivery/duty range of urban population centers. By aggregating multiple fleets with shared private infrastructure in grid-ready locations, EV Realty depots reduce upfront and recurring costs for fleets, optimize charging times and provide high utilization rates.
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San FranciscoTransportationLogistics