ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Invisible Urban Charging Rolls Out 6,000+ Electric Car Chargers in Florida

The start-up’s first deployment represents 5% of the total U.S. market

Invisible Urban Charging (“IUC”) announced today that it is rolling out more than 6,000 chargers for electric vehicles (“EV”) into the State of Florida. Once fully deployed, IUC will have doubled the number of EV chargers in the State, making it the largest EV charger operator in Florida.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220721005576/en/

IUC charging stations being installed in Florida (Photo: Business Wire)

IUC charging stations being installed in Florida (Photo: Business Wire)

Starting with an iconic building in central Orlando, IUC is working closely with Lincoln Property Company, one of the largest private U.S. property developers and a leader in sustainable building design, to deploy EV chargers to its new mixed-use tower – Truist Plaza at Church Street Station. IUC partners with major property owners to provide on-site EV charging at scale in high numbers, helping to meet an increasing demand that is expected to require 3.5 million chargers by 2030.

"EV charger infrastructure is a critical piece of the puzzle that will accelerate the shift to electric transport,” said Nigel Broomhall, Co-Founder and Chief Executive Officer of IUC. “By rolling out high volumes of EV chargers, we encourage more people to drive electric sooner. We expect our rollout will also help add high-paying local jobs, and more EVs will improve air quality, make Florida cities quieter and cleaner, reduce the dependance on foreign oil, and assist in help reduce the impacts of climate change.”

“Lincoln Property Company of Florida, Inc. is deeply committed to ESG and driving towards a Net Zero Carbon initiative, including in those properties where we provide management services for our building owners and partners like Church Street Station. We firmly believe providing ESG enabled technology is a critical component of ‘partnering with our tenants’ by affording them the platform to recruit and retain high-quality talent which, in turn, results in increased ROI / bottom line,” said Scott Stahley, Executive Vice President at Lincoln Property Company of Florida. “EV chargers are certainly one part of this solution set, and IUC is one of the best resources that gives us ultimate flexibility in how we deploy and apply these enhancements for the benefit of our tenants and building owners alike. We are seeing increased demand for these types of solutions as a byproduct of regulatory requirements and customer requests. Lincoln strives to create a competitive advantage against the market via both ESG and overall cutting-edge technology. In this regard, the EV solution provided by IUC aligns perfectly with present and future market demand as we move into the next phases of Church Street Station.”

IUC was founded in 2019 in New Zealand with the mission to accelerate the world’s transition to electric transportation. Jones Lang LaSalle, a global leader in property development and management, serves as installation partner, along with a nationwide installation capability through its network of electrical contractors, logistics, and signage partners.

“The partnership with IUC and Lincoln properties is in alignment with Jones Lang LaSalle’s goals in sustainability and supports our global initiatives to build a better world through real estate,” said Brian Terrell, Senior Managing Director for JLL.

Added Eileen Murray, a strategic advisor to IUC and former co-CEO of Bridgewater Associates, “IUC is about driving solutions that can have a massive positive impact through scale. The application of ESG principles is very real in IUC. They have a diverse team that’s focused on delivering an infrastructure for EVs that makes access to chargers easier for everyone.”

About Invisible Urban Charging

Invisible Urban Charging was founded in 2019 as a complete “electric vehicle charging solution as a service” provider, working with major property owners across the globe to drive the electrification of transportation and to make an impact. IUC is an end-to-end EV solution, using their capital to deploy high volumes of EV chargers to customer sites for a flat monthly fee. For more information, please visit our website at www.iucharging.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.