LAZ and EverCharge form a joint venture for apartment and condo charging

LAZ Parking and EverCharge said on 20 October 2026 that they have formed a joint venture to install electric-vehicle charging for apartment and condo residents. EverCharge is a wholly owned subsidiary of indiGOtech, which uses the trade name GO. The announcement on LAZ's site calls the first product LAZ Multifamily EV Charging Powered by EverCharge SmartPower. It says the venture combines LAZ's parking and real-estate footprint with EverCharge's power-management technology, and that it is also a base for a wider relationship between LAZ and GO around local transport.

The scale line in the release is LAZ's. The opening summary says the partnership expands LAZ's charging network to 25,000 ports across North America. Alan Lazowski, LAZ's chairman and chief executive, is quoted in the same terms: "Our joint venture with GO expands our charging network to 25,000 ports across North America, and we're just getting started." The release does not say how many of those ports are already installed, how many are new, or when a particular building will be switched on.

Why the companies start with apartments

The release frames multifamily housing as the first market because the electrical problem is different from a house. It says residents of apartments and condos, which it also calls multi-unit dwellings, depend on shared electrical and parking equipment. Capacity, the complexity of installation, and the cost of utility upgrades can make a large charger install difficult. A homeowner, the release notes, can more often add a dedicated charger. The venture's stated job is to offer property owners a turnkey setup that uses LAZ's relationships with owners and operators and EverCharge's load management.

EverCharge's SmartPower system is the technical claim the release leans on. LAZ says the patented tool shares a building's available power across chargers so that up to five times as many ports can be used from the same source. The point, as the release puts it, is that more residents can charge without a major electrical upgrade, and that owners can add ports inside the power they already have. That "up to five times" figure is the company's description of its own product. The announcement does not include a test report or a building-by-building before-and-after count.

The hardware named in the release is EverCharge's EVO3 Level 2 charger. LAZ says it has a 55-degree Celsius temperature rating and that no competitor has matched that rating to date. That, too, is the company's claim in the press release, not a finding from a standards body cited on the page.

What each side says it brings

LAZ describes itself as the largest privately owned, technology-enabled parking and transportation company in North America. The release says it was founded in Hartford, Connecticut, in 1981, and that more than 23,000 team members operate about 2.1 million parking spaces at 5,700 locations in 44 states, eight provinces, and 639 cities in the United States and Canada. The same 2.1 million spaces, 5,700 locations, and 639 cities appear earlier in the announcement as the footprint the venture is pairing with EverCharge's equipment.

EverCharge, the release says, was founded in 2013 and has more than a decade of charging work, with patented technology. It says EverCharge operates more than 10,000 installed ports at more than 1,000 multi-unit sites, serving more than 50,000 registered drivers. John Lin, EverCharge's chief executive, is quoted as saying that multi-unit charging "represents one of the largest infrastructure opportunities in the transition to electric transportation," and that the company wants to bring its platform to more properties with LAZ.

indiGOtech, or GO, is described as the parent building a local-transport system in three layers. The release says EverCharge is the energy layer, a patented SmartWheels product is a vehicle layer for electric and autonomous vehicles, and GO Loop is an operations layer that ties vehicles and charging to riders and demand. Will Graylin, chairman of GO, is quoted saying the relationship with LAZ is meant to show how real estate, energy, vehicles, and "intelligent orchestration" can fit together for urban trips. The announcement presents those layers as GO's broader vision. The product it says is on offer now is the multifamily charger, not the rest of that stack.

What the release leaves for later

The last section of the announcement looks past apartments. It says that as transport becomes more electric and software-managed, GO and LAZ will start from multi-unit customers and "explore the right charging and battery-swap infrastructure" for commercial fleets, ride-hail, and delivery. Exploration is the verb the release uses. It does not announce a battery-swap station, a fleet contract, or a city.

Lazowski's other quoted line is about place: "LAZ has always been about more than parking. We connect people with the places they're going, and the future is charging right where people park." He adds that the wider relationship with GO is a chance to look at how LAZ's sites could sit alongside electric and autonomous vehicles. That is a statement of interest from the company's chairman, paired with the port figure above.

What a property manager cannot learn from the page is the commercial fine print. The release names no apartment community, no monthly fee, no installation price, and no date for the first site under the joint venture. It does say multifamily charging is "now available across LAZ's nationwide footprint," and it repeats the operating numbers for both companies. The concrete offer, as of the 20 October announcement, is a joint venture, a SmartPower product aimed at shared buildings, and LAZ's statement that its charging network reaches 25,000 ports in North America.