Large-scale investment of $75M establishes EV Realty's first heavy-duty electric truck charging station in California
In the heart of the Inland Empire metropolitan area, home to nearly 17,000 medium- and heavy-duty trucks, EV Realty has begun construction on its first large truck charging hub. This innovative hub, scheduled to open later this year, is strategically located near the San Bernardino Intermodal Facility and intersecting Interstates 10 and 215.
EV Realty, a real estate company founded in 2022, focuses on delivering turnkey, scalable charging solutions for commercial truck fleets. The company recently secured $75 million in growth capital from private equity investor NGP, with additional contributions from the company’s management team. This funding will be used to scale EV Realty's Powered Properties portfolio, including the construction of the San Bernardino hub.
The hub will boast a grid capacity of 9.9 megawatts and 76 DC fast charging ports, including megawatt charging pull-through stalls for big rigs. This state-of-the-art facility is supported by the South Coast Air Quality Management District, aiming to reduce greenhouse gas emissions and improve air quality in the region.
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On a related note, Greenlane has launched a second long-haul EV truck corridor pilot, further demonstrating the growing trend towards electric transportation.
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