Itselectric: Democratizing Electric Vehicle Charging via City Buildings
November 28th, 2023

Charging infrastructure isn’t keeping up with rapid EV adoption. Itselectric has turned to an abundant city resource: buildings. It’s a way to increase access, especially in underappreciated areas, since millions of urban drivers don’t have access to garages or driveways. Now operating in Detroit and Brooklyn, the company connects its unobtrusive chargers to buildings, using part of their power—and shares its revenue with the buildings to offset 80% of their electric bills.


This entry was posted on Tuesday, November 28th, 2023 at 8:43 pm and is filed under Green Design.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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ABOUT
BLACK SWANS GREEN SHOOTS
Black Swans / Green Shoots examines the collision between urbanization and resource scarcity in a world affected by climate change, identifying opportunities to build sustainable cities and resilient infrastructure through the use of revolutionary capital, increased awareness, innovative technologies, and smart design to make a difference in the face of global and local climate perils.

'Black Swans' are highly improbable events that come as a surprise, have major disruptive effects, and that are often rationalized after the fact as if they had been predictable to begin with. In our rapidly warming world, such events are occurring ever more frequently and include wildfires, floods, extreme heat, and drought.

'Green Shoots' is a term used to describe signs of economic recovery or positive data during a downturn. It references a period of growth and recovery, when plants start to show signs of health and life, and, therefore, has been employed as a metaphor for a recovering economy.

It is my hope that Black Swans / Green Shoots will help readers understand both climate-activated risk and opportunity so that you may invest in, advise, or lead organizations in the context of increasing pressures of global urbanization, resource scarcity, and perils relating to climate change. I believe that the tools of business and finance can help individuals, businesses, and global society make informed choices about who and what to protect, and I hope that this blog provides some insight into the policy and private sector tools used to assess investments in resilient reinforcement, response, or recovery.