EV Realty

EV Realty

Develops and operates EV charging hubs

About

EV Realty develops and manages electric vehicle (EV) charging hubs for commercial fleet operators, known as Powered Properties™, which are strategically located to ensure reliable power supply. These hubs connect to the grid and utilize renewable energy, addressing the challenges of strained electrical systems. Unlike competitors, EV Realty focuses on multi-fleet charging solutions that are grid-ready and positioned for efficiency. The company's goal is to create sustainable infrastructure that supports electric fleets while positively impacting the electric grid.

Company Stage

Seed

Employees

11-50

Industries

Automotive & Transportation, Consulting, Energy

Total Funding

$27.2M

Headquarters

San Francisco, California

Founded

2021


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Simplify's Take

What believers are saying

  • Growing demand for EV infrastructure aligns with EV Realty's strategic focus on urban hubs.
  • Government incentives for EV infrastructure provide financial support for EV Realty's projects.
  • Partnerships with renewable energy providers enhance the sustainability of EV Realty's solutions.

What critics are saying

  • Competition from established players like ChargePoint and EVgo is intensifying.
  • Potential delays in grid upgrades could hinder new charging hub deployments.
  • Rising raw material costs may increase expenses for building new charging stations.

What makes EV Realty unique

  • EV Realty's Powered Properties™ are strategically located for optimal fleet operations.
  • The company integrates renewable energy into its charging infrastructure, enhancing sustainability.
  • EV Realty's leadership includes former Tesla Supercharger Development Lead, Ben Prum.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

13%

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