LAZ Parking Partners with Epic Charging to Expand EV Infrastructure Across North America

LAZ Parking Takes the Lead in EV Infrastructure Development

In a landmark move, LAZ Parking, the preeminent privately held parking operator in North America, has made a significant investment in Epic Charging, a Silicon Valley-based provider of electric vehicle (EV) charging software. This partnership is poised to catalyze the expansion of EV infrastructure across the U.S. and Canada, with a bold target of deploying 50,000 Level 2 EV charging stations within LAZ's extensive real estate portfolio.

The Charge Where You Park Strategy

The focus of this ambitious initiative is to integrate EV charging facilities into various locations, including hotels, commercial properties, airports, and municipal parking lots. LAZ’s “Charge Where You Park” strategy aims to make EV charging not only more accessible but also more reliable and profitable for users and operators alike. By providing charging options where people are likely to park, LAZ hopes to facilitate a seamless transition for consumers shifting towards electric vehicles.

Alan Lazowski, Chairman and CEO of LAZ Parking, emphasized the company's commitment, stating, “This strategic collaboration with Epic Charging is a testament to our dedication to expanding our Charge Where You Park initiative. Together, we will redefine EV charging solutions, delivering world-class experiences while championing sustainable mobility.”

Innovations in Charging Technology

Epic Charging plans to harness the investment to further develop its innovative Charge OptimAIzer®. This AI-driven energy management system will revolutionize how EV charging is orchestrated by intelligently analyzing real-time data from different sources, including vehicles and utility pricing signals. As a result, the platform will improve operational efficiency by balancing loads, reducing costs, and enhancing the reliability of EV charging setups.

Michael Bakunin, the CEO and Co-Founder of Epic Charging, highlighted the significance of the partnership, stating, “Working with the top parking operator like LAZ Parking allows us to implement our Charge OptimAIzer technology on a larger scale. We aim to transform conventional parking spaces into sophisticated EV charging hubs.”

LAZ Parking: A Leader in Digital Parking Solutions

With a foundation that dates back to 1981, LAZ Parking has grown to operate over 2.1 million parking spaces at more than 5,300 locations across 44 states and eight provinces. The company has established its reputation as an industry leader not just in parking management but also in pioneering digital parking technology. It has embraced innovative solutions spanning eCommerce, remote monitoring, business intelligence, and proximity on-demand services.

LAZ Parking’s focus on eco-friendly practices and its commitment to digital advancement position it favorably to meet the demands of a rapidly evolving transportation landscape. The introduction of EV charging capabilities is a natural progression for LAZ, catering to the needs of an increasing number of consumers opting for electric vehicles.

Epic Charging’s Role in Advancing EV Adoption

Epic Charging has a proven track record of transforming electric mobility through its open-protocol Charge Point Management System (CPMS). This platform has been instrumental in enhancing uptime, reliability, and profitability, which is crucial in ensuring interoperability across major charger manufacturers. With a client base that spans fleets, municipalities, and businesses across North America, Epic Charging is dedicated to powering significant EV infrastructure projects.

As both companies collaborate on this venture, the future looks promising for broader EV adoption. The multi-faceted nature of this partnership not only addresses the infrastructure requirements of electric vehicles but also aligns with the global push towards greener, more sustainable transportation solutions.

In conclusion, LAZ Parking’s investment in Epic Charging signals a significant leap forward in the evolution of EV infrastructure. By marrying technology with convenience, LAZ is setting the stage for a future where electric vehicle adoption becomes increasingly mainstream across North America.