EV Realty is betting the missing link in electric trucking is real estate

Electric commercial trucking is gaining momentum, but operators face significant challenges in developing adequate charging infrastructure due to grid constraints and competition for electrical capacity. Although only a few thousand electric trucks are currently in operation, over half of fleet operators are piloting electric vehicle (EV) technology, signaling growing demand. EV Realty, a startup focused on addressing this infrastructure gap, is developing charging hubs by identifying underutilized grid capacity and suitable real estate near warehouses, ports, and industrial sites. The company currently operates five hubs in California and recently secured $75 million in funding led by private equity firm NGP to expand its network, including a large 76-stall fast-charging hub in San Bernardino designed to serve over 200 Class 8 trucks daily. EV Realty models its business after Digital Realty, a real estate investment trust specializing in data centers, positioning electric truck charging hubs as a new infrastructure real estate class. Using proprietary software, EV Realty maps electrical grid capacity, vehicle density, traffic patterns, and real estate