What’s Happening
TurnOnGreen, Inc., a subsidiary of Imperalis Holding Corp., has made a strategic move to expand electric vehicle (EV) charging accessibility in California and Pennsylvania. The initiative involves securing two site licensing partnerships to install, manage, and own multiple EV charging stations in regions with limited charging options. The installed level 2 EV chargers will significantly boost charging capabilities by providing 30-40 miles of range per hour.
Why It Matters
As demand for electric vehicles continues to rise, so too does the need for extensive, reliable charging infrastructure. TurnOnGreen’s move is particularly significant because it offers an innovative solution to meet this growing demand. It’s a critical step that reflects the company’s shared commitment with its partners to promote sustainable mobility, which in turn will attract eco-conscious drivers to these charging sites.
Key Points
TurnOnGreen’s first partner in this initiative is the Foxen Vineyard and Winery in Santa Maria, California. The site will be equipped with several of TurnOnGreen’s proprietary EVP1100 level 2 EV chargers, leveraging infrastructure funded by the 2022 Clean Air Grant Program. This installation is set for the summer of 2023, with TurnOnGreen maintaining ownership and operational control for an initial term of 5 years, plus options for two further four-year extensions.
The second collaboration is with Best Western Inn at Blakeslee-Pocono, Pennsylvania. The installation of several EVP700 level 2 EV chargers, also set for July 2023, will benefit both the hotel’s guests and local residents. TurnOnGreen will maintain ownership for a term of 10 years, with a possibility for a three-year extension.
TurnOnGreen’s portfolio includes business-to-business programs targeting areas with growing EV charging demand, showcasing their commitment to strategic expansion of their EV charging network across North America.
Bottom Line
TurnOnGreen’s expansion of EV charging infrastructure is a strategic move responding to the accelerating market for EVs. The U.S. Bureau of Labor Statistics reports a sharp rise in electric car sales from 0.2 percent of total car sales in 2011 to 4.6 percent in 2021, a trend projected to continue over the coming decade. With S&P Global Mobility forecasting EV sales to reach 40 percent of total passenger car sales by 2030, initiatives like TurnOnGreen’s are crucial for keeping pace with this rapidly expanding market.
