EV Realty, a U.S. startup developing electric truck charging infrastructure, has raised $75 million to expand its network of hubs in California, the company told TechCrunch.
The funding round, led by private equity firm NGP with participation from EV Realty’s management team, will support new projects including a 76-stall fast-charging hub in San Bernardino.
The site will feature Megawatt Charging System plugs with “pull through” stalls, enabling semitrucks to recharge without disconnecting trailers. The hub is expected to support more than 200 Class 8 trucks per day once operational.
EV Realty currently runs five hubs across California near warehouses, ports, and other logistics sites. The company uses proprietary software to map grid capacity, vehicle density, and real estate availability when identifying new locations. Its model is inspired by data center operator Digital Realty, with charging hubs positioned as a new class of real estate infrastructure.
CEO Patrick Sullivan said demand is coming from fleets that have already begun electrification. “We see, frankly, more interest right now from the customers that have made the switch. They see the opportunity and want to do more,” he told.
