San Francisco, CA-based startup EV Realty secured $75M to drive fleet electrification with scalable charging solutions, truck charging, and zero-emission freight, as the company’s construction began near the San Bernardino Intermodal Facility, one of the busiest freight corridors in the Inland Empire, its most ambitious project since its founding in 2022.

EV Realty secured $75 million in growth funding from private equity investor NGP and contributions from its management team. This infusion positions the company to accelerate its scalable charging solutions strategy across the United States. Backing also includes support from the South Coast AQMD and a conditional EnergIIZE award from the California Energy Commission.

“The market is experiencing near-term challenges, but the longer-term trend toward fleet electrification is unmistakable – vehicle technology is improving, battery costs are falling, and we’re enabling customers to make the transition economically today. Our strategy is built for stability amid changing policies and industry conditions, ensuring we can deliver reliable, cost-effective charging solutions for fleets,” said EV Realty CEO Patrick Sullivan.

A Bold Step for Fleet Electrification

EV Realty charging hub near the San Bernardino Intermodal Facility will bring fleet electrification closer to reality for the region’s nearly 17,000 medium- and heavy-duty trucks. With 9.9 MW of grid capacity and 76 DC fast chargers, including megawatt pull-through stalls built for commercial trucks, the hub is designed to eliminate the most formidable barrier to adoption: lack of reliable, scalable power.

The truck charging site sits near Interstates 10 and 215, both critical routes for freight moving from the Ports of Los Angeles and Long Beach. Surrounded by more than 60 million square feet of warehouse space, it provides fleets with access to secure and dedicated charging where it matters most.

CEO Patrick Sullivan said the company is committed to transforming industrial hubs into “grid-ready” facilities for zero-emission freight. By aggregating multiple fleets onto shared, private infrastructure, EV Realty reduces costs, increases truck utilization, and delivers services that logistics operators urgently need.

Disrupting the Market for Zero-Emission Freight

The fleet electrification market is booming as governments tighten emissions standards and shippers demand greener supply chains. Yet, a major obstacle remains: dependable access to high-powered charging at scale.

EV Realty aims to solve this gap by blending operational expertise, proprietary analytics, and energy-sector insight. Its model of “Powered Properties” situates hubs near critical logistics corridors, directly aligning with customer demand.

Investors like NGP see strong potential in this disruption. The surge in e-commerce has transformed the Inland Empire into one of the most important distribution regions in the United States, amplifying demand for reliable truck charging. By focusing on shared infrastructure for commercial fleets, EV Realty delivers both efficiency and scalability, qualities that made it a compelling bet for private equity.

Building the Future of Freight

EV Realty’s recent partnership with real estate investment firm Prologis adds another layer of momentum. Together, they plan to streamline fleet access to hubs and support the growing adoption of zero-emission freight. With a blend of capital, technology, and strategic location, the company is positioned to redefine how fleets operate in the coming decade.

The first EV Realty charging hub in San Bernardino is set to open later this year, marking a pivotal moment for the transition from diesel to clean electric transport. As fleets prepare for an electric future, scalable infrastructure like this will determine the speed and success of global freight decarbonization.

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