New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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.
- ◦Development

