The start-up’s first deployment represents 5% of the total U.S. market
NEW YORK–(BUSINESS WIRE)–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.
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.