Related leases space to electric vehicle firm for first fast-charge site in Manhattan

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Electric vehicle startup Gravity is set to open Manhattan’s first True Fast Charging site on 42nd Street in the fall.

The 29-space street-level site located at Manhattan Plaza in
Midtown, under license from Related Companies, will have its own dedicated
entrance on 42nd street and offer charging options for every use case — from
fast-charging in minutes to overnight charging for long-term parkers.

Deploying state-of-the-art innovation in charging hardware, cables, cable management, authentication and payment processing, as well as uniform user-friendly user interfaces, Gravity said it will provide “a flexible, convenient and seamless experience to EV drivers” which they plan to replicate at dozens of sites across the five boroughs.

“This is a technological leap for big cities like New York
that have struggled to meet demand for charging in space-constrained indoor
garages. We’re opening the first True Fast Charging in Manhattan, and now we
are poised to rapidly scale our solution across New York City and beyond,” said
Moshe Cohen, founder and CEO of Gravity.

“For every EV driver who has experienced false advertising,
lackluster charging speeds or inaccessible locations, we’re here to
revolutionize your experience. Tesla has set the bar with its V3 Superchargers.
Gravity aims to surpass that experience for all EVs, and to bring it to the
heart of densely populated cities.”

Gravity plans to rapidly scale the model with dozens of
public parking garages across the city, including a portfolio of new designs
that can adapt to even the most space-constrained site.

Adjacent to the Lincoln Tunnel, this first facility will
offer charging for EV fleets and private electric vehicles in the heart of
Midtown while also serving as a charging hub for Gravity’s new fleet of
all-electric yellow taxis.

The deal with Related is the first in a series of new
partnerships with major commercial and residential owners. Gravity has surveyed
hundreds of parking garages across New York City, analyzed their space and
power constraints, and developed a portfolio of design solutions to retrofit
them for EV charging on a scale never attempted before.

“Related is a champion of environmentally conscious design,
construction and operation in real estate and remains devoted to reducing the
environmental footprint at our properties,” said Jeff Brodsky, vice chairman of
Related Companies. “We are proud to be a part of this monumental moment in
offering sustainable, True Fast Charging in Manhattan through Gravity and its
unique innovation.”

“In New York City and Westchester, transportation is the second largest and the only growing source of carbon emissions,” said Raghusimha Sudhakara, Con Edison’s director of Demonstration Projects and Electric Vehicles. “That’s why in addition to providing incentives to make EV ownership more affordable, we’re making charging more convenient for New Yorkers by supporting projects like Gravity’s True Fast Charging in Manhattan. It’s a win-win for our customers and the environment.”

As part of Gravity and Related Companies’ mission to
electrify cities, Gravity charging spaces are all open to the public.  Parking is also complementary while vehicles
are being charged.  At Manhattan Plaza,
charging will be priced at the cost of providing the electricity, without
markup.

Formed in 2020 with a full suite of mobile technology,
Gravity is the next generation BEV fleet and distributed energy infrastructure
operator, with an in-cabin experience tailored to the needs of the modern
traveler and the charging spaces of the future. In Spring 2021, Gravity laid
the land as a pioneer in sustainability entering NY as a taxi operator making
in-cabin technology and services available to all medallion owners and drivers.

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