Xeal and Valiant Residential have significantly expanded their EV charging partnership, deploying hundreds of charging stations across the Central US in just three months. Xeal has opened a new office in Dallas to support the growing demand in the region. Since the installations began in early 2024, nearly 200 EV drivers have joined Xeal's network at the new properties, accumulating over 8,000 charging hours. Texas, with approximately 200,000 registered EVs, has become one of the fastest-growing states for Xeal's charger installations. Valiant Residential, which manages 150 properties and 35,000 units across the US, is actively incorporating sustainable solutions by deploying reliable EV chargers. Plans are underway to further expand the number of chargers at these sites. Xeal has also partnered with Vero Sade to roll out EV charging stations at Us Living properties throughout Texas [bab496e4].
The Tennessee Valley Authority (TVA) continues to drive economic growth in the Tennessee Valley region with the installation of fast chargers for electric vehicles in Scottsboro. Scottsboro Electric Power Board (SEPB) has installed the charging stations at their main office, which is part of the regional Fast Charge Network covering major travel corridors across TVA's seven-state service area. The project cost was fully funded by TVA and ADECA, highlighting their commitment to promoting electric vehicles and their benefits.
The installation of the charging stations aims to make it convenient for citizens to choose electric vehicles and enjoy the environmental and economic advantages they offer. By providing easy access to charging infrastructure, the initiative hopes to attract high-quality jobs, reduce carbon emissions, and reinvest $120 million in the local economy annually. Additionally, drivers can save up to $1,000 in fuel and maintenance costs each year. The partnership between TVA, local power companies, and SEPB demonstrates their dedication to investing in charging infrastructure and promoting sustainable transportation options in the region.
The installation of the charging stations in Scottsboro is expected to have a positive impact on the local community, regional economy, and global environment for years to come [56231ea5].