EVII Mission Hills is a groundbreaking new venture launched by EV Initiative Infrastructure (EVII) - an energy storage developer partnering with leading charge port operator EV Initiative. This first-of-its-kind project aims to develop one of the largest public EV charging hubs in the Los Angeles area, while pioneering a unique community ownership model. When it opens in Q4 2025, EVII Mission Hills will feature 15 dual-plug hyper-fast DC chargers from EV Initiative, offering a total of 30 ultrafast charging plugs. This unmatched charging capacity is strategically located just off Interstate 405, one of LA's busiest freeways, with over 577,000 vehicles per day within a 2-mile radius.
But what sets EVII Mission Hills apart is its co-ownership structure. The project is opening up to a $5 million investment crowdfund, allowing EV drivers, community members, and participants in EV Initiative's network to directly invest and own a stake in the physical charging infrastructure itself, the land parcel, and the ongoing operational business.
Other key details include:
- Battery storage system to optimize energy management
- 24/7 public access with amenities like lighting, security, and digital screens
- Projected $125,580 annual revenue per charger
- Forecasted payback period of only 3.7 years for investors
- Estimated 27% annualized return on investment for equity holders
By getting in early on this cutting-edge charging hub and co-ownership model, investors can support sustainable EV adoption while potentially earning outstanding financial returns.