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New Clean Freight Strategy

EV Realty lauds Biden-Harris Administration’s Vision for Accelerating Sustainable and Scalable Deployment of Zero Emission Vehicle Freight Hubs

San Francisco – March 13, 2024 – EV Realty, Inc. (“EV Realty”), an EV infrastructure
development platform powering commercial fleets, today announced its support for the Biden-
Harris Administration’s leadership and vision in its National Zero-Emission Freight Corridor
EV Realty is developing a network of Powered Properties™, high-powered charging
hubs for medium and heavy-duty commercial fleet electric vehicles, across California and other
strategic U.S. logistics markets, most of which are in Phase 1 priority locations as identified by
the Administration’s plan.

“Despite making up just 5% of vehicles on the road, medium and heavy-duty trucks produce
almost 25% of transportation emissions in the U.S., and so much of that is concentrated in a
dozen or so major freight and logistics hubs across the country,” said Patrick Sullivan, CEO of
EV Realty. “The National Zero-Emission Freight Corridor Strategy is thoughtful in its approach
to sequence MHD ZEV charging infrastructure priorities with a near-term focus on hubs that
align with local and regional, return to home base trucks that will electrify first.”

“The Administration’s plan lays out a clear roadmap that can help state agencies and utilities
streamline planning and direct resources to the appropriate areas and use cases with

“EV Realty has a robust pipeline of grid-ready charging hub projects and is committed to
execute on the hard work of putting steel in the ground and delivering on the nation’s vision of a scalable and reliable ZEV freight future.”

About EV Realty 
EV Realty develops, deploys, and owns charging infrastructure critical to electrifying commercial
fleets in the U.S at scale. The company accelerates the adoption of large EV fleets by focusing
on the fundamental constraint all electric fleets face: low-cost, reliable, and expandable access
to grid-scale power. EV Realty is developing a network of grid-optimized, large-scale EV
charging hubs for delivery, logistics, and services fleet customers. Our Powered Properties™
serve multiple commercial fleets in secure, high-power locations with guaranteed charging
access and availability, and are located proximate to major logistics corridors within last-mile
delivery/duty range of urban population centers. By aggregating multiple fleets with shared
private infrastructure in grid-ready locations, EV Realty charging hubs reduce upfront and
recurring costs for fleets, optimize charging times and provide high utilization rates. Learn more
about EV Realty and how it is transforming fleet charging at