EVII Mission Hills closes $2.12m retail crowdfunding round for 19-stall Tesla charging hub in Los Angeles
By Eve
EVII Mission Hills has closed a $2.12m equity crowdfunding round to finance a Tesla charging hub at 15555 San Fernando Mission Blvd in Mission Hills, California, where Interstate 405, Interstate 5, and State Route 118 converge and roughly 577,000 vehicles pass daily. The raise, hosted on Issuance and promoted via Meta and TikTok, attracted 4,662 retail investors from the United States, Canada, Australia, the United Kingdom, and Guam, with an average investment of $454 and a minimum of $100.44. The site will feature 19 Tesla V4 Superchargers with NACS and CCS connectors, including two ADA-accessible stalls, with permits targeted for April 2025, construction starting in May, and launch expected in Q1 2027.
Why it matters
The deal demonstrates a novel retail crowdfunding model for charging infrastructure, bypassing institutional capital entirely and offering direct equity stakes to thousands of small investors. For CPOs and developers, it signals an alternative financing route for high-traffic sites, while the V4 hardware and dual-connector setup reflect the evolving North American charging standard landscape.
Source
- Original title
- “EVII Mission Hills Closes $2.12m Raise for Tesla Charging Hub in Los Angeles”
- Published
- 4 March 2026 (date approximate)
- Updated
- 22 September 2026
In this story
- Topic
- EV Charging
- Place
- United States
- Tags
- EVII Mission Hills · Tesla
Related news
Tesla Powerwall autonomously grid-charged before peak rates to offset low solar yield in Arizona
A Tesla Powerwall owner in Tucson, Arizona, reported that the battery began charging from the grid at around 2:30 p.m. on a rainy day, ahead of a 3 to 7 p.m. peak rate window, after solar generation fell short. The homeowner had set the system to Saving mode and disabled Stormwatch, allowing the Powerwall to draw enough grid power to cover the high cost period. The case, shared on Reddit's r/Powerwall forum, illustrates how residential storage can automatically balance low renewable output with time of use tariffs.
Why it matters
The example shows demand side flexibility in action, with home batteries responding to tariff signals and weather conditions without manual intervention. For CPOs and utilities, it underscores the growing role of behind the meter storage in load shifting and the need for rate structures that reward or integrate such behaviour at scale.
Tesla enables bidirectional charging for new Model 3 and Model Y orders in US with Powerwall 3
Tesla has extended its PowerShare home backup feature to new Model 3 and Model Y vehicles ordered from 1 October 2026 onwards in the US and Puerto Rico, previously available only on the Cybertruck. The capability requires a Powerwall 3 home battery and compatible charger, with Tesla stating the setup can extend home backup by over two days using the vehicle's battery.
Why it matters
This marks a significant expansion of vehicle to home charging infrastructure in the residential market, potentially driving demand for integrated Tesla energy systems. For charging point operators and installers, it signals growing competition from OEM controlled bidirectional solutions that bypass third party hardware.
Electric vehicles hit 41.6% market share in France as September registrations double year on year
France registered 65,247 battery electric vehicles in September 2026, up 107.5% on the same month in 2025, giving EVs a 41.6% share of the 156,640 passenger cars sold that month. The figure marks the first time EVs have become the single largest powertrain segment in the French market, ahead of non-plug-in hybrids at 35.5%. The surge follows rising fuel prices and a broader model range at varied price points.
Why it matters
A market where four in ten new cars are battery electric signals accelerating demand for public and workplace charging infrastructure. Charge point operators and site hosts in France face growing pressure to expand networks to match the doubling registration rate.