EV Realty

Last Friday's CARB meeting saw the passage of amendments to the #LCFS. Prior to the vote, EV Realty's Director of Policy Jamie Hall gave comments to the board, in support of the amendment's passage. Those comments were captured by POLITICO's Blanca Begert and highlighted in a recap of the events:

With the amendments to the Low Carbon Fuel Standard from the California Air Resources Board over the weekend, EV Realty's Suncheth Bhat connected with Sophie Austin at The Associated Press and was included in her article discussing what the updates mean for the future of electric vehicles and electrification in the state of California: "Suncheth Bhat, chief commercial officer for EV Realty, an electric vehicle infrastructure company, called the program 'one of the most powerful, transformational policies' to speed up the transition to electric vehicles." You can read the full article below: https://lnkd.in/gDEDsjUF #EVs #Electrification #LCFS #California #Policy

"The future of trucking is electric. It will be clean, convenient, and cost effective. Getting there, however, will require hard work and bold decisions." Today, The San Diego Union-Tribune published an Op-Ed from EV Realty CCO Suncheth Bhat, outlining how a "YES" vote from #CARB on the #LCFS amendments would jumpstart California's push to electrify transportation. The Op-Ed was featured in last Wednesday's print edition before going live online today. As Suncheth writes, this opportunity to move forward with LCFS can't be missed. Read the Op-Ed in its entirety: https://lnkd.in/gEJiBBRv

Truck electrification is the goal. As a founding #PACTCoalition member, we know that will take teamwork, innovation, and smart policy. PACT fosters collaboration across the sector around a common goal: scaling up charging infrastructure deployment and enabling heavy-duty electrification.

The Low Carbon Fuel Standard (LCFS) is one of the most important tools the state has to support the transition to zero emissions freight. It can help solve the "chicken or egg" problem that currently hinders freight electrification: fleet owners will not buy a truck they cannot charge, but investments in charging infrastructure will not happen without greater certainty around electric vehicle deployment. LCFS can bridge this gap. The #LCFS takes the freight transition out of neutral by unleashing billions of dollars in private investment. The climate and air quality impacts that electric trucks will deliver to CA residents - especially those in communities near ports, distribution facilities, and warehouse districts - are immense. The state and her residents can't afford to miss this opportunity. For these reasons, EV Realty urges the California Air Resources Board to vote YES on the LCFS amendments on November 8th. Our public comments on this upcoming vote are available in full here: https://lnkd.in/gJ3m6qAX

Have a listen! Will Quinn, our Director of Product, shares insights on fleet electrification. Thanks SHAED for the collaboration and opportunity to share our perspective.

Last week, The White House provided helpful guidance for the 30C infrastructure tax credit language as the transition to electrified transports accelerates, with new charging infrastructure being planned and constructed every day.   EV Realty’s Chief Commercial Officer Suncheth Bhat shared with Electrek.co’s Michelle Lewis why clarity around eligibility and implementation will be essential for industry partners in the continued build-out of America’s EV fleet charging infrastructure network. Check out the article in full with Suncheth’s insights here: https://lnkd.in/gDH9CRdh

EV Realty is proud to participate in National Truck Driver Appreciation Week, honoring the dedication and hard work of the drivers who keep our country moving. On Friday, September 20th, we join the Harbor Trucking Association at Middle School Shoreline Park to give these hardworking men and women the opportunity to test drive the latest battery-electric and fuel cell trucks. This event is proudly supported by CALSTART, California Air Resources Board, the Port of Oakland and CA HVIP. Join us at the port and take a moment to thank the truck drivers who keep us moving forward every day. Register here: https://hubs.li/Q02MTcXg0 Come chat with us about how our Powered Properties™ in Livermore, San Bernardino and Torrance can help your fleet power up: https://lnkd.in/g4UnHpmA We hope to see you there! #PoweredProperties™ #NTDAW #HTA

Today's release of guidance for the 30C infrastructure tax credit provides much needed clarity for the industry as we look to scale up charging infrastructure and accelerate transportation electrification. Most importantly, each charging port is defined as a "single item of property" for the purpose of credit calculation. This is essential for developers like EV Realty to know how the credit applies to our sites. We applaud The White House for recognizing that the key consideration is the number of vehicles that can charge simultaneously and defining the credit in a way that lets industry design the best solutions to meet fleet demand. Full guidance release here: https://lnkd.in/eBNP26wq #30C #EVs #GridPower #PoweredProperties

Big news from LA! We just acquired a new Powered Properties™ location. This new Torrance site has it all: - Secured power to enable high-speed charging of medium and heavy-duty fleets? ✅ - Immediate access from the 405? ✅ - Near the Ports of LA and Long Beach, and LAX? ✅ As Alec Maghami, our Head of Real Estate, says: "We needed a property well-situated not only for drayage users, but also last-mile and service-oriented fleets. Our new site in Torrance checks all the boxes." Read more about our future plans for this property here: https://lnkd.in/gtQqrV_i