EV Realty Advances Fleet Electrification with $75M Capital Boost and New San Bernardino Charging Hub

Funding Surge for EV Realty’s Fleet Charging Expansion

A fresh wave of investment worth $75 million has landed in EV Realty’s coffers, aimed at accelerating the build-out of commercial electric vehicle (EV) charging stations specifically tailored for heavy-duty trucks. Despite current market hesitations, the company, backed by private equity firm NGP and its management, is charging ahead with plans focused heavily on California’s logistics corridors.

Breaking Ground in San Bernardino: A Key Facility

One of the primary beneficiaries of this capital infusion is a sizable new site in San Bernardino, California. Featuring 76 charging stalls, this facility is designed to serve more than 200 Class 8 trucks daily, marking a significant milestone toward meeting growing fleet electrification demands. The construction is underway and aims for completion by the end of 2025.

The facility’s capacity to service numerous heavy-duty vehicles simultaneously highlights the shift toward sustainable logistics, aiming to reduce downtime and streamline charging operations in a busy transport hub.

Market Realities and Long-Term Vision

While near-term challenges have tempered enthusiasm, the broader picture remains firmly pointed toward widespread fleet electrification. Advances in vehicle technology, paired with falling battery costs, create a sustainable economic case for fleets transitioning today. EV Realty’s CEO, Patrick Sullivan, emphasizes a stable strategy designed to weather policy and market fluctuations, ensuring reliable and cost-efficient charging solutions.

NGP’s involvement as a long-term partner underscores the belief in the vision to embed electric charging infrastructure deeply into commercial transportation networks.

Strategic Moves and Expanded Portfolio

EV Realty’s growth footprint extends beyond San Bernardino. Recent joint ventures with GreenPoint Partners, a New York-based investment firm, have injected $200 million into developing additional charging hubs aimed at medium- and heavy-duty commercial vehicles. Their first asset acquisition under this partnership happened in Torrance, California, back in 2024.

Acquisition of Gage Zero Assets

Part of the JV’s funding was allocated to acquiring Gage Zero’s portfolio, a company specializing in charging infrastructure for regional and drayage fleets within California and beyond. This acquisition added multiple strategic sites across key logistics hubs including Long Beach, Ontario, Los Angeles, San Diego, Fresno, Oakland, and Sacramento, with additions in Illinois and Texas.

Collaborations in California’s Charging Ecosystem

EV Realty has also joined forces with Prologis Mobility to interconnect their respective EV charging site networks across California. This collaboration allows customers access to miles of interconnected charging points, including Prologis’ Vernon site near major ports like Long Beach and Los Angeles, which offers 32 charging berths accommodating all vehicle classes from Class 2 to Class 8.

Prologis’ subscription service model, covering design, construction, energy procurement, hardware, software, and maintenance, complements EV Realty’s offerings by providing a comprehensive, scalable solution for fleet operators.

Industry Challenges Impacting Electrification Momentum

The rise of zero-emission battery electric trucks has been hampered in part due to the scarcity of public charging infrastructure, a persistent pain point even in forward-looking states like California. This shortage has had tangible consequences, such as workforce reductions at Daimler Truck North America’s production plants, reflecting lower-than-expected demand.

Manufacturers highlight that the most significant barrier to zero-emission commercial vehicle sales is the inadequate charging ecosystem, as noted in regulatory communications with California air regulators.

Efforts to Stimulate EV Truck Sales

In response, initiatives like the Greenlane-led joint venture “Charge On Us” have emerged, aiming to incentivize truck dealers and end-users through charging credits and exclusive software services. The program, starting with partners like Velocity Truck Centers, offers $500 in charging credits and six months of free software access to improve the customer experience, reduce costs, and foster market traction.

Summary of EV Realty’s Facility Capacities and JV Assets

The Road Ahead for Commercial EV Charging

Electric fleet infrastructure investments like those made by EV Realty are a clear sign that the freight and logistics industry is gearing up for a transition toward cleaner, more sustainable operations. Although the charging landscape is still evolving, these large-scale facility developments and partnerships provide a stronger backbone for fleet operators contemplating the switch and for manufacturers adjusting to market demands.

Waarom dit van belang is voor logistiek

The electrification of commercial fleets doesn’t just represent a cleaner environment—it directly influences freight patterns, delivery times, and the economics of transport. The availability of reliable, accessible charging infrastructure reduces range anxiety and idle time, encouraging wider adoption and facilitating smoother supply chain operations. These developments could also affect dispatch planning and vehicle routing, requiring logistical teams to integrate charging stops as a routine part of fleet management.

Transparency, Affordability, and Choice

While reviews and third-party opinions help paint a picture, nothing beats firsthand experience when evaluating charging networks and infrastructure. Platforms like GetTransport.com offer users a transparent and convenient gateway to order their cargo transportation, find tailored solutions for bulky or specialized freight, and tap into affordable global freight services. The convenience and breadth of offerings mean users can avoid unnecessary expenses or logistical hiccups, signing on with reliable transport providers equipped to meet a variety of needs.

Boek nu bij GetTransport.com and benefit from competitive pricing and extensive transport options designed to align with the evolving demands of modern logistics.

Conclusie

The influx of $75 million into EV Realty’s efforts marks a pivotal moment for electric heavy-duty truck charging infrastructure, particularly in California’s critical freight corridors. Their projects, combined with strategic JV partnerships and asset acquisitions, demonstrate a focused commitment to overcoming infrastructure constraints that have hindered fleet electrification. Improvements in charging capacity and network accessibility promise to enhance freight shipment efficiency, influence distribution logistics, and support the swift adoption of zero-emission vehicles.

As the logistics landscape embraces this shift, GetTransport.com stands out as a valuable ally, facilitating global cargo transport with simplicity, reliability, and cost-effectiveness. Whether moving parcels, pallets, bulky goods, or entire vehicle fleets, the platform helps connect shippers with dependable freight solutions, ensuring cargo travels seamlessly from point A to point B in an increasingly electrified world.