TurnOnGreen Initiates a Grant Funded Multi-Family Dwelling Electric Vehicle Charging Project

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MILPITAS, Calif.– TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today that it has commenced the planning and design for a multi-family unit dwelling electric vehicle (“EV”) charging project in Santa Barbara, CA. TurnOnGreen will execute the project on behalf of a fully integrated real estate investment, development, and property management firm (the “Client”) with over 60 years of experience in the Santa Barbara, Ventura, and San Luis Obispo Counties.

The project aims to offer EV charging solutions to 168 multi-family units in Santa Barbara County by installing TurnOnGreen’s EVP700G level 2 EV charger. This charger incorporates a unique power-sharing technology, maximizing access to charging without the need for costly power upgrades. TurnOnGreen worked with the Client to secure funds from the Santa Barbara County Air Pollution Control District’s Clean Air Grant for Infrastructure to help fund the project. TurnOnGreen anticipates breaking ground in July 2023.

With over 6,000 residential units and commercial properties and totaling about 1.8 million square feet of commercial office, industrial, and retail space in Santa Barbara, Ventura, and San Luis Obispo counties, the Client currently manages approximately 2,800 residential units.

“TurnOnGreen is committed to assisting property owners access various utility, municipal, state, and federal grants to offset some of the costs associated with building EV charging infrastructure,” said Amos Kohn, TurnOnGreen’s Chief Executive Officer. “TurnOnGreen has the product, design, planning, and installation expertise to customize any project and enhance the value of any property with scalable EV charging solutions.”

“We are thrilled to have been selected by the Client to design and construct EV charging stations at one of their premier properties,” said TurnOnGreen President Marcus Charuvastra. “We are committed to expanding EV charging services in multi-family units and other commercial and residential dwellings across North America and look forward to providing the Towbes Group with the very best products and services that their residents can depend on 365 days a year.”

TurnOnGreen offers scalable EV charging solutions to homes, businesses, and fleets across North America. TurnOnGreen’s ultra-fast charging stations, charging management software, and network services allow property owners to provide a variety of EV charging services to tenants, guests, and the general public. TurnOnGreen charging systems maintain high standards in the market, are Energy Star Certified, and are backed by an internationally recognized certificate of safety and performance.

According to the California Energy Commission and the California Air Resources Board, 42% of the Nation’s EVs have been sold in California, with annual EV sales in the State exceeding 345,000 units in 2022. According to the California Energy Commission, EVs represent 18% of the overall market share in CA.

About TurnOnGreen

TurnOnGreen Inc. (OTC: IMHC) designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility. TurnOnGreen brings decades of experience to every project, working with our clients to develop leading-edge products to meet a wide range of needs. TurnOnGreen headquarters are located at Milpitas, CA; www.TurnOnGreen.com.

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