- The rollout represents a 10x YoY partnership expansion with Xeal successfully deploying EV chargers within ~90 days across several regions in Central US, with a major focus on Texas
- Xeal opens brand new Dallas office to support rapid demand in Central US and the exponential rise in EV adoption
Xeal, the only smart EV charging solution with 100% uptime guarantee powered by its patented self-reliant computing technology, today announced its collaboration and expansion with Valiant Residential, a leading real estate pioneer, to deploy hundreds of EV chargers across dozens of stunning properties in Central US.
Since finalizing installations in early 2024, the project has seen substantial uptake, with nearly 200 EV drivers joining Xeal’s network at these new properties in the first 60 days, accumulating more than 8,000 charging hours, all supported by Xeal’s self-reliant computing technology that enables every critical smart function such as authentication to turn the charger on and metered payments to operate with 100% uptime, so no driver ever gets stranded. This early success demonstrates the growing demand for reliable EV charging and speaks to the speed and efficiency of Xeal's deployment capabilities.
"The real estate industry is one of the main drivers for the U.S. economy, contributing nearly 20% of total U.S. GDP,” said Alexander Isaacson, Co-Founder and CEO of Xeal. “Real estate leaders can single-handedly accelerate the rate of the future and Valiant is a prime example of that. We are grateful to work with bold real estate pioneers like Valiant that understand the unique opportunity in front of them and are determined to leave their mark."
With approximately 200,000 EVs registered in Texas as of Q3 2023, it stands out as the state with the third-highest number of EV registrations (behind California), showcasing the massive shift in EV demand as consumers purchase the new flock of tech-savvy EV models ranging from Kia, Hyundai, BMW, Ford, GM, and newcomers like Rivian. This trend is mirrored in Xeal's operations, with Texas being one of the fastest growing states for Xeal's charger installations.
“Our residents' warm reception to Xeal's chargers underscores a growing eco-consciousness we're proud to support," said Craig Lashley, CEO and president of Valiant Residential. "Meeting the surge in demand for EVs flooding the market, along with Xeal's industry-leading uptime, has significantly boosted resident satisfaction, and the flexibility afforded by Xeal’s central network independence enabled us to select charging locations based on convenience, not connection.”
Valiant Residential manages an extensive portfolio of 150 properties and 35,000 units throughout the United States, emphasizing its considerable influence in the property management sector. This partnership with Xeal to deploy reliable EV chargers demonstrates Valiant's proactive approach to incorporating sustainable solutions, catering to the evolving needs of modern residents and positioning the company as a leader in the adoption of green amenities in property management.
As a result of the positive reception and increasing demand, plans are underway to expand the number of chargers at these sites, further enhancing the EV charging infrastructure in response to growing demand from residents and the addition of new EV drivers moving into the community.
The news comes on the heels of Xeal’s opening of a new office in Dallas along with its latest work with Vero Sade to roll out EV charging stations at Us Living properties throughout Texas. The trend makes a significant stride in expanding sustainable, progressive, and technology-rich living options for all demographics in a rapidly growing sector.
To learn more about Xeal, visit xealenergy.com
Trusted by over 300 top real estate leaders, Xeal delivers a self-sufficient, smart charging experience for EV drivers. Xeal’s 'Never Down' approach ensures a frictionless user experience with minimal infrastructure upgrades and no reliance on single-point-of-failure central networks. Xeal EV chargers are powered by its self-reliant patented computing protocol that provides drivers 100% uptime guarantee and clients a full suite of smart functions ranging from metered payments on charging sessions, energy management, access control, and revenue sharing while offering users a more reliable and secure way to charge up. Based in NYC, Xeal is leading the charge in the EV revolution. For more information, visit www.xealenergy.com.