LAZ Parking and EverCharge Launch Shared-Power EV Charging for Apartments
The new service uses dynamic power management to support up to five times more ports on existing electrical supplies.
LAZ Parking and EverCharge have launched a new electric vehicle charging service for apartment and condo residents that utilizes shared power infrastructure to avoid costly electrical upgrades.
What Happened
The service, named LAZ Multifamily EV Charging Powered by EverCharge SmartPower, is now available across LAZ’s US-wide footprint. EverCharge, a wholly owned subsidiary of indiGOtech (GO), operates the SmartPower technology that manages charging output in real time based on vehicle demand and site availability. According to the companies, this dynamic power sharing approach can support up to five times as many charging ports on the same power supply compared to traditional installations. The rollout will utilize EverCharge’s EVO3 Level 2 chargers. While LAZ states this venture expands its charging network to 25,000 ports across North America, the announcement did not specify a timeline or target number for new apartment and condo installations.
Why It Matters
For residents in multi-unit dwellings, installing EV chargers often faces significant hurdles due to the building’s limited electrical capacity. Upgrading this infrastructure can make projects prohibitively expensive before any vehicles are plugged in. By spreading available power across vehicles as demand changes, the new service allows property owners to install more chargers within their existing electrical limits. This approach potentially enables more residents to charge where they already park without the need for extensive and costly electrical work. EverCharge currently operates more than 10,000 charging ports at over 1,000 properties, serving more than 50,000 registered drivers.
The Bottom Line
LAZ Parking and EverCharge are deploying a shared-power charging solution for multifamily properties using EVO3 Level 2 chargers. The companies have not yet disclosed resident pricing or identified the first properties to receive installations, though they plan to explore charging and battery swapping for commercial fleets, ride-hailing, and delivery services in the future.
