Neha Palmer, CEO of Terawatt Infrastructure, explains the regulatory incentives driving commercial fleet electrification around Southern California logistics and warehouse hubs.
Prediction Open · timeframe May 2028
Palmer: Terawatt Will Require Multiple Billion-Dollar Raises to Build EV Network
“The billion dollars is not gonna last that long to build that many assets, and so it was really the vision from the beginning that this is not just a small-scale effort, it's going to be something that requires significant capital, and they'll have to be multi…”
Assertion Not checkable as stated
Palmer: Urban Rideshare Operators Find Running EVs Cost-Accretive Over ICE Vehicles
“On the rideshare side, in dense urban markets where there's a lot of traffic, we're hearing from operators, it's cost-accretive for them to run EVs instead of traditional vehicles because of the fuel savings.”
Assertion Not publicly verifiable
Palmer: Terawatt secured 5 megawatts of day-one power for LAX site
“So, it had five megawatts of power that was available from day one. We just had to start construction on our site, and the utility had to do a little bit of construction on their end. But, We knew that we could get that power from day one to allow us to serve …”
Assertion Contradicted
Palmer: Terawatt navigated Inglewood municipal code for new EV charging hub
“So, we worked very closely with the City of Englewood, who was a fan, who is a fantastic host for us here in this site, to understand what their existing code was, and how we might fit into it, and had to go through a whole process, ah, with the City Council, …”
Assertion Supported
Palmer: Terawatt port site secured 7MW of power on day one
“This site also had something really incredible where you don't find this in many locations, which is seven megawatts of power available from day one.”
Assertion Not checkable as stated
Palmer: Terawatt takes 18 to 24 months to build sites
“It takes us, call it, 18 months to 24 months to find a site, get it entitled, permitted, constructed, and then operational.”