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IU Charging Partners with ICON Parking to Deploy 5,000 Chargers in NYC

Invisible Urban Charging (IUC), a provider of charging-as-a-service solutions, formed a strategic partnership with Hudson Valley Parking Trust (HVPT), the recent acquirer of ICON Parking, to deploy a network of 5,000 electric vehicle (EV) chargers across New York City. The collaboration occurs amid a 660% increase in EV ownership in the city over the past five years.

The deployment of 5,000 EV chargers aligns with New York City’s ambitious goal of achieving carbon neutrality by 2030 and supports New York State’s rapid growth in EV adoption, the two companies said. “This partnership is a game-changer for New York City,” said Nigel Broomhall, CEO of IUC, which he co-founded with Jake Bezzant. “Even with the premium placed on space in New York City, building out a robust EV charging infrastructure is critical to meet a growing demand from increasing EV ownership in the city.”

IUC’s partnership with HVPT follows alliances with CBRE and JLL that were announced this past spring and in June 2023, respectively.

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Invisible Urban Charging

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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