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Stock impact report

EV Charging Is Growing Apartment Amenity In Major Xeal, Valiant Deal [Forbes]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Forbes
Washer -dryer, garage, utilities, fitness center, clubhouse, all included in your monthly rent. That's a common come-on in advertisements for apartment complexes. But an expanded deal and collaboration between a tech company and national residential property management firm is working to add one more amenity to the list—charging stations for battery electric vehicles . EV charging station producer will install what it described as hundreds of EV chargers at dozens of properties operated by over the next 90 days, the companies announced Tuesday. That would represent a ten-fold year-over-year increase in the partnership between the two companies. Xeal and Valiant, which manages 150 properties and 35,000 units throughout the United States began their partnership about three years ago according to Xeal CEO Zander Isaacson with installations at apartment complexes, mainly in Texas. Zander Isaacson, CEO, Xeal Energy. “They saw over 200 drivers sign up in the first 45 days. So that Show less Read more
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