Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Washington, D.C. wants to expand public access to EV charging across its neighborhoods and recently gave $600,000 in grants to three startups to make that happen.
From lightpost to curbside, soon residents of D.C. will be able to charge their EVs while they’re parked. It’s part of the city’s plan to modernize transportation infrastructure, expand clean energy access and support what the district says is its goal to be carbon neutral by 2045.
Retrofitting Lightposts
Light-post EV charging company Voltpost is one of those startups that received a grant from the District of Columbia Department of Energy and Environment. Under the one-year pilot, Voltpost CEO Jeff Prosserman told WJLA-TV the company plans to integrate EV charging into 16 lightposts on D.C. streets and parking lots.
Don’t Miss:
Prosserman said retrofitting existing lightposts enables it to “significantly” reduce the cost, time it takes to build a charging station and its footprint. All that is required is pulling a single-cable bundle through the existing conduit, dropping the power down from overhead and connecting that to the grid, he said.
“That process can save tens of thousands of dollars and install within just a few hours with no construction and trenching,” Prosserman said.
Pull Up To Charge
In addition to using lightpost to charge EVs, D.C. tapped start-up It’s Electric to install, operate and maintain sixteen curbside EV chargers serving two adjacent parking spaces in eight locations across the city.
EV car owners will be able to pull up to any of the spots and charge for a fee. These single-port Level 2 chargers do require users to bring their own charging cable. District residents can request a free cable by visiting the It’s Electric app.
By bringing EV charging to parking spots and lightposts, the district said it is trying to overcome a major obstacle to growth — a lack of homes with private garages.
Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100.
Many D.C. residents live in apartment buildings with street-only parking, and D.C. officials have said the hope is this will make EV ownership more viable to residents who can’t charge at home. PowerUp America received the third grant to expand its charging footprint across the district, reported WJLA.
Second Only To California
The grants come as demand for electric vehicles continues to surge in the District. D.C. has consistently ranked second for EV sales, behind California. In Q4 of 2025 EVs accounted for 20% of all new registered vehicles in the district, according to trade group the Alliance for Automotive Innovation.
Behind some of that demand are financial perks offered by the local government including residential charger installation rebates and reduced vehicle registration fees, gasoline prices above the national average that make EVs more attractive and a demographic of residents who tend to care about their impact on the environment, Kelley Blue Book executive editor Brian Moody told WTOP-TV.
Read Next:
Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Arrived
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
Immersed
Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing.
Vinovest
Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you.
EnergyX
EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supporting efforts to expand lithium supply for electric vehicles, grid-scale storage, and other battery applications.
FarmTogether
Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches.
EquityMultiple
For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.
Fundrise
Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.
American Hartford Gold
American Hartford Gold is a precious metals dealer that helps clients buy physical gold and silver coins and bars, either for direct delivery or within self-directed precious metals IRAs. The company’s services include gold and silver IRAs, IRA rollovers, and home delivery of bullion, giving investors a way to use tangible metals to diversify portfolios and seek protection against inflation and market volatility.
Image: Shutterstock
This article Lightposts To Charge EVs? Washington, D.C. Gives Start-Up Grant To Make It Happen originally appeared on Benzinga.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.