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Industries
Automotive & Transportation
Consulting
Energy
Company Size
11-50
Company Stage
Seed
Total Funding
$27.2M
Headquarters
San Francisco, California
Founded
2021
EV Realty focuses on developing and managing electric vehicle (EV) charging hubs specifically for commercial fleet operators. These charging hubs, known as Powered Propertiesâ˘, are strategically located to ensure that they are where fleets already operate, providing a reliable and expandable power supply. This is particularly important as the demand for electric vehicle infrastructure grows and electrical grids face challenges. EV Realty's business model emphasizes investment in people, partnerships, and technology, allowing them to generate revenue through the installation of EV chargers and utility investment projects. By adding renewable energy sources and creating sustainable infrastructure, EV Realty aims to support the electrification of transportation and contribute to a more sustainable future.
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Total Funding
$27.2M
Above
Industry Average
Funded Over
1 Rounds
Patrick Sullivan, CEO of EV Realty, joins Evrealtyus to discuss medium-to-heavy commercial fleet EV infrastructure.
"We're looking forward to collaborating with EV Realty and EV Connect to bring meaningful environmental change to the residents of Oakland" Post this
EV Realty hires former Tesla Supercharger Development Lead Ben Prum amidst push to electrify commercial truck fleets.
SAN FRANCISCO--(BUSINESS WIRE)--EV Realty, Inc. (âEV Realtyâ), 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 foundersâ 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 âpowered-propertiesâ in key commerce hubs and along last-mile routes. According to a 2020 report from the Brattle Group, an estimated $125 billion investment in grid updates and infrastructure is required by 2030 to support EV deployment. Against this backdrop of a constrained grid, EV Realty is focused on identifying and developing a portfolio of near-term, grid-ready charging depot projects that will power critical commercial operations, including delivery, utility, telecom, vocational and other light and medium-duty fleets. To support its expanding development portfolio, EV Realty recently raised institutional capital from NGP ETP, the energy transition investing platform of NGP, and Segue Sustainable Infrastructure, with participation from Fifth Wall, Broadscale Group and Alpaca
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Industries
Automotive & Transportation
Consulting
Energy
Company Size
11-50
Company Stage
Seed
Total Funding
$27.2M
Headquarters
San Francisco, California
Founded
2021
Find jobs on Simplify and start your career today