LAZ Parking, which operates about 2.1 million parking spaces at 5,700 locations in the United States and Canada, is launching a shared EV charging service for apartment and condo garages with EverCharge, according to an Electrek report dated Oct. 20, 2026. The offering, LAZ Multifamily EV Charging Powered by EverCharge SmartPower, is aimed at residents who have no driveway or outlet of their own. The companies say its power-sharing software can support up to five times as many charging ports on the same electrical supply.
Help yourself and the planet: The Cool Down makes it easy to help yourself while helping the planet, with smart, simple changes to save more and waste less in your everyday life.
We may earn a commission if you sign up.
LAZ Parking and EverCharge: who is doing what
As Electrek’s Michelle Lewis reported, LAZ brings the real estate, with 5,700 sites, while EverCharge brings the hardware and software. EverCharge is a wholly owned subsidiary of indiGOtech, which goes by GO. It already operates more than 10,000 charging ports at over 1,000 apartment and condo properties and serves more than 50,000 registered drivers. LAZ says the venture takes its network to 25,000 ports across North America, and the rollout uses EverCharge’s EVO3 Level 2 chargers.
The service is available across LAZ’s U.S. footprint, though the companies have not said which properties will get chargers first, how many new installations they are targeting or when. Resident pricing has not been disclosed either. Electrek’s article quotes no named executive from either company, so the claims below are the companies’ own as relayed by the outlet rather than independently tested.
SmartPower and the five-times claim
The pitch is about electrical capacity, not floor space. SmartPower manages charging output in real time based on how much electricity each vehicle needs and how much power the site has available, spreading available power across the cars plugged in as demand changes. A building can therefore add chargers within its existing electrical limits rather than paying for an upgrade first. The companies put the payoff at up to five times as many ports on the same supply.
The idea is not new for EverCharge. A 2015 Charged EVs item described SmartPower as distributing a building’s limited electrical supply among chargers according to need, with each charger metering use so EverCharge can bill drivers and reimburse the landlord. The company claimed then that the system could raise charging capacity up to 10 times, a figure presented as its own claim without independent testing. The 2026 claim of up to five times is a different number from a different announcement, and the sources give no explanation for the gap.
EverCharge’s own 2023 blog post lays out the logic: lighting, garage doors and machinery use most of a building’s power, adding capacity is expensive, and SmartPower assumes cars do not all charge at once and rarely need peak output to finish. The post says smarter allocation within existing infrastructure lowers installation cost and complexity, and that “the days of taking a wait-and-see approach to EV charging is over.”
Why a parking operator, and what it is building next
LAZ has been moving toward charging for more than a year. Electrek reported on Dec. 17, 2025 that LAZ planned up to 50,000 Level 2 chargers across its U.S. and Canadian portfolio through an investment in Epic Charging, built around an approach that converts existing parking spaces into charging stations rather than sending drivers to standalone sites. S&P Global Mobility’s news service had covered a strategic development agreement between LAZ and Epic in February 2025, citing a goal of 50,000 parking spaces. The EverCharge service is the announcement in this series aimed specifically at apartment and condo residents.
The 2023 post adds two technical points. SmartPower can divert power from idle building equipment, such as a garage door, to chargers and then restore it when needed, and EverCharge uses a wireless mesh network in which each station acts as a cellular gateway, so poor signal in a concrete garage does not leave chargers offline. The post gives no costs, power capacities or station counts, and it is a vendor’s marketing material, so it is useful for understanding the design logic rather than for verifying results.
The Epic arrangement is a different product line, and the Electrek story on it describes software rather than apartment hardware. Epic supplies a charge-point management system covering monitoring, predictive maintenance, payments and real-time analytics that integrates with LAZ’s parking systems, and it plans to use LAZ’s investment to speed up Charge OptimAIzer, a cloud-based energy management tool that weighs vehicle telematics, charger performance and utility prices. No timeline has been announced for that work.
Beyond apartments, the two companies plan to explore charging and battery swapping for commercial fleets, ride-hailing and delivery services, according to Electrek. No timeline or locations have been given for that work.
The open questions are practical ones. Renters need to know which garages will be equipped, what a charging session will cost and how fast a car will charge when many neighbors are plugged in at once, and the announcement answers none of those. Until the first properties are named, the 5,700-site footprint and the up-to-five-times claim describe potential, not installed chargers.
This article was produced with the assistance of AI and reviewed by Morning Overview editors prior to publication.
Help yourself and the planet: Get The Cool Down →
We may earn a commission if you sign up.
More from Morning Overview
- Long use of a common prostate pill is tied to a higher chance of glaucoma
- Ford is recalling 223,472 F-150 pickups because the fuel tank can leak or detach
- Hybrids have 15% fewer problems than gas cars, while EVs and plug-in hybrids have about 80% more, Consumer Reports finds
- Regulators cleared the first U.S. small modular reactor, 4 months early
