Electrify America and Simon® Collaboration Surpasses 500 Hyper-Fast Chargers

Rhea-AI Summary

Electrify America and Simon (NYSE:SPG) announced their collaboration has surpassed 500 Hyper-Fast chargers across 105 stations in 27 states and two Canadian provinces as of Dec. 3, 2025.

The alliance reports 549+ million EV miles powered and 189+ kilowatt-hours dispensed since launch, and highlights a 20-charger Hyper-Fast site at Fashion Valley in San Diego. Hyper-Fast chargers can deliver up to 350 kW, with compatible vehicles charging in as little as 20 minutes. Stations support Plug & Charge and the Electrify America mobile app for locating chargers, viewing pricing, initiating sessions, and monitoring progress.

Positive

• 500+ Hyper-Fast chargers across 105 stations
• 549+ million EV miles powered since launch
• Network present in 27 states and two Canadian provinces
• 20-charger Hyper-Fast station opened at Fashion Valley
• Hyper-Fast chargers up to 350 kW; ~20-minute charges

Negative

• None.

News Market Reaction

+0.07%

1 alert

+0.07% News Effect

On the day this news was published, SPG gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Hyper-Fast chargers: 500+ units Charging stations: 105 stations EV miles powered: 549+ million miles +5 more

8 metrics

Hyper-Fast chargers 500+ units Electrify America–Simon collaboration milestone

Charging stations 105 stations Simon properties in 27 states and two Canadian provinces

EV miles powered 549+ million miles Electrify America–Simon network since launch

Max charger power 350 kW Hyper-Fast charger speed for compatible vehicles

Q3 2025 revenue $1,601,572 thousand Three months ended Sep 30, 2025

Q3 2024 revenue $1,480,710 thousand Three months ended Sep 30, 2024

Q3 2025 diluted EPS $1.86 Versus $1.46 a year ago

Total debt $25,789,055 thousand Mortgages and unsecured indebtedness as of Sep 30, 2025

Market Reality Check

Price: $184.92 Vol: Volume 1,422,065 is at 1....

normal vol

$184.92 Last Close

Volume Volume 1,422,065 is at 1.07x the 20-day average of 1,332,262 shares. normal

Technical Shares trade above the 200-day MA, at 181.85 vs 169.83.

Peers on Argus

SPG’s modest gain of 0.33% came with mixed peer moves: O +0.42%, REG +0.39%, FRT...

SPG’s modest gain of 0.33% came with mixed peer moves: O +0.42%, REG +0.39%, FRT +0.89%, while KIM -0.05% and ADC -0.54%, suggesting a stock-specific rather than broad sector move.

Historical Context

5 past events · Latest: Dec 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	EV charging update	Positive	+0.1%	Milestone of 500+ Hyper-Fast chargers across Simon properties.
Dec 03	Correction notice	Neutral	+0.1%	Clarified charger count and energy delivered in collaboration update.
Dec 03	Tech partnership	Positive	+0.1%	Autolane rollout at Simon centers to optimize autonomous curbside traffic.
Nov 24	Holiday programming	Positive	-0.2%	Holidays Start @TheMall with Simon+ loyalty and expanded offerings.
Nov 18	Property acquisition	Positive	+0.5%	Acquisition of Phillips Place open-air retail center in Charlotte.

Pattern Detected

Recent SPG news events, including property acquisitions, holiday initiatives, and mobility partnerships, have produced modest price reactions, generally within a narrow band around unchanged.

Recent Company History

Over the last few weeks, SPG has reported several operational updates. On Nov 18, 2025, it announced acquiring Phillips Place in Charlotte, with a 0.52% price gain. Holiday programming and the Simon+ loyalty launch on Nov 24, 2025 saw a small decline. Multiple mobility-focused announcements on Dec 3, 2025, including the Electrify America charger milestone and Autolane curbside deployment, each coincided with modest 0.07% moves, indicating steady but limited market impact so far.

Market Pulse Summary

This announcement highlights SPG’s continued focus on enhancing its retail destinations with modern ...

Analysis

This announcement highlights SPG’s continued focus on enhancing its retail destinations with modern amenities, including 500+ Hyper-Fast EV chargers across 105 stations and support for Plug & Charge. Recent filings show solid Q3 revenue of $1,601,572 thousand and higher diluted EPS of $1.86. Investors may watch how such mobility partnerships influence traffic, tenant demand, and subsequent financial metrics in upcoming quarters.

Key Terms

kilowatts (kW), plug &charge

2 terms

kilowatts (kW) technical

"Hyper-Fast chargers capable of speeds up to 350 kilowatts (kW)"

A kilowatt (kW) is a unit of power equal to 1,000 watts and measures how fast energy is being used or produced — like a car’s speedometer for electricity rather than the distance traveled. For investors, kW ratings show the capacity and efficiency of power equipment, buildings, vehicles or plants, helping estimate operating costs, revenue potential and how much infrastructure or fuel will be needed to deliver a product or service.

plug &charge technical

"All stations also support Plug &Charge technology for compatible vehicles"

A plug & charge system lets an electric vehicle automatically identify itself to a charging station and handle payment the moment the plug is connected, so the driver doesn’t need a card, app, or manual login. For investors, it matters because this convenience speeds transactions and boosts station usage and customer satisfaction—similar to a contactless tap-to-pay upgrade—and it can affect revenue per charger, adoption of networks, and exposure to interoperability or cybersecurity risks.

AI-generated analysis. Not financial advice.

In the news release, Electrify America and Simon® Collaboration Surpasses 500 Hyper-Fast Chargers, issued 03-Dec-2025 by Electrify America, LLC over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Electrify America and Simon® Collaboration Surpasses 500 Hyper-Fast Chargers

This initiative has powered more than 549 million EV miles since launch, across 27 states and two Canadian provinces.

RESTON, Va., Dec. 3, 2025 /PRNewswire/ -- Electrify America, the largest open Hyper-Fast charging network in the U.S., and Simon^®, a global leader in retail real estate, celebrate their ongoing collaboration to expand access to electric vehicle (EV) charging at Simon properties in convenient locations. Since Electrify America and Simon's first joint effort in 2018 at Gulfport Premium Outlets^®, the companies have integrated EV charging with premier shopping, dining, and entertainment, giving customers the convenience of a single destination.

"Surpassing 500 Hyper-Fast chargers across 105 stations at Simon properties is a significant milestone," said Anthony Lambkin, vice president of operations at Electrify America. "By placing Hyper-Fast charging at premier retail destinations, we're making it easier for EV drivers to charge where life happens while supporting the transition to electric mobility."

To date, the Electrify America and Simon alliance has delivered:

• 500+ individual Hyper-Fast chargers across 105 stations, 27 states, and two Canadian provinces*
• 189+ gigawatt-hours** of energy dispensed since launch*
• 549+ million EV miles powered since launch*

One of the latest examples of the collaboration's impact is the large-format charging station with 20 Hyper-Fast chargers at Simon's Fashion Valley™ in San Diego, California. By expanding access to Hyper-Fast charging at premier retail destinations, Electrify America and Simon provide EV drivers with more opportunities to charge where shopping, dining, and entertainment come together. With Hyper-Fast chargers capable of speeds up to 350 kilowatts (kW), compatible vehicles can charge in as little as 20 minutes, enhancing convenience while supporting the growing adoption of electric vehicles.

"At Simon, we strive to offer high-value amenities that elevate the shopping experience," said Daniel Segal, vice president of business development at Simon. "Working with Electrify America allows us to provide visitors the convenience of Hyper-Fast EV charging in locations where they can shop, dine, and recharge all in one visit."

To make EV charging more seamless for EV drivers, the Electrify America mobile app allows drivers to locate chargers, view pricing, initiate sessions, and monitor progress. All stations also support Plug &Charge technology for compatible vehicles, allowing EV drivers to simply plug in to start a charging session without pulling out a card or phone.

* Network data reflects Electrify America, Electrify Commercial, and Electrify Canada.
This is based on internal data and intended for informational purposes only.

** Corrected from the previous release, the dispensed amount of energy is gigawatt-hours (GWh); it was incorrectly identified as kilowatt-hours (kWh)

About Electrify America

Electrify America LLC, the largest open Hyper-Fast charging network in the U.S., is investing more than $2 billion in Zero Emission Vehicle (ZEV) infrastructure and access. The investment enables millions of Americans to charge with confidence and discover the benefits of electric driving on our coast–to–coast network of highway and community chargers.

Electrify America's Hyper-Fast network currently operates in 47 states and the District of Columbia, supporting increasing ZEV adoption with a network that is convenient, technologically advanced and built for customers.

Electrify Commercial® provides expert solutions for businesses looking to develop electric vehicle charging programs.

For more information, visit www.electrifyamerica.com and media.electrifyamerica.com.

About Simon

Simon^® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe, and Asia provide community gathering places for millions of people every day and generate billions in annual sales. 

Correction: This release was updated on December 3, 2025, at 3:00 pm EST to correct a typo in the energy dispensed.

FAQ

What milestone did Electrify America and Simon (SPG) announce on Dec. 3, 2025?

They announced surpassing 500 Hyper-Fast chargers across 105 stations in 27 states and two Canadian provinces.

How many EV miles has Electrify America and Simon charging collaboration powered as of Dec. 3, 2025?

The collaboration reports powering 549+ million EV miles since launch.

What charging speed and charge time do Electrify America Hyper-Fast chargers offer at Simon (SPG) locations?

Hyper-Fast chargers offer up to 350 kW, with compatible vehicles charging in as little as 20 minutes.

Where is the large-format Electrify America station with 20 Hyper-Fast chargers located at Simon (SPG)?

The 20-charger Hyper-Fast station is at Fashion Valley in San Diego, California.

Do Electrify America stations at Simon (SPG) support Plug & Charge and a mobile app?

Yes; stations support Plug & Charge and the Electrify America mobile app for locating chargers, pricing, and session control.

In how many states and provinces are Electrify America and Simon (SPG) chargers available?

The network spans 27 U.S. states and two Canadian provinces.