EV Realty

EV Realty

Develops and operates EV charging hubs

About

EV Realty focuses on developing and managing electric vehicle (EV) charging hubs specifically for commercial fleet operators. These charging hubs, known as Powered Properties™, 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 includes installing EV chargers at commercial sites and managing charging projects through utility investments. The company aims to enhance the electric grid by incorporating renewable energy and building sustainable infrastructure, ultimately supporting the transition to electrified transportation.

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

  • Rising V2G technology enhances EV Realty's grid-scale charging infrastructure capabilities.
  • Increasing urban renewable energy adoption creates opportunities for sustainable charging hubs.
  • Ultra-fast charging technology attracts more commercial fleet operators to EV Realty's hubs.

What critics are saying

  • Competition from ChargePoint and EVgo may limit EV Realty's market share.
  • Delays in grid infrastructure upgrades could hinder new charging hub deployments.
  • Pressure from investors for rapid expansion may compromise long-term strategic goals.

What makes EV Realty unique

  • EV Realty's Powered Properties™ are strategically located for optimal fleet operations.
  • The company integrates renewable energy, enhancing sustainability and reducing operational costs.
  • EV Realty's leadership team includes former Tesla Supercharger Development Lead, Ben Prum.

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Growth & Insights
Headcount

6 month growth

13%

1 year growth

44%

2 year growth

271%

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