EV Realty Acquires Ontario, CA Site for Truck Fleet Charging
EV Realty adds an Inland Empire industrial property to its Powered Properties® portfolio, signaling expansion into new EV fleet charging market segments.
EV Realty has acquired an industrial property in Ontario, California, to serve as a dedicated truck charging facility, the company announced this week. The Inland Empire site becomes the latest addition to its Powered Properties® portfolio as the firm accelerates its push into commercial fleet electrification.
The acquisition marks a deliberate move by EV Realty to diversify beyond its existing fleet charging business and penetrate new market segments. Ontario's location in the Inland Empire — one of the nation's busiest freight and logistics corridors — makes it a strategically valuable foothold for heavy-duty vehicle charging infrastructure.
Read more Gentherm Closes Deal to Acquire Modine Performance Technologies →
The Powered Properties® portfolio is designed specifically to address the real estate and power-delivery challenges that fleet operators face when transitioning to electric vehicles. By controlling the underlying property and electrical infrastructure, EV Realty aims to offer operators turnkey charging solutions rather than requiring them to build out sites independently.
The company's expansion into truck charging reflects broader industry momentum as federal and state policies push commercial carriers toward zero-emission fleets, particularly in California, which has some of the most aggressive EV mandates in the country. Acquiring shovel-ready industrial sites positions EV Realty to meet anticipated demand before grid-connection backlogs and permitting delays become prohibitive.
Continue reading at GlobalNewswire.
