The Government of Canada has announced an investment of $229,356 in Hypercharge to facilitate the installation of 48 Level 2 EV chargers in 11 parking lots across southern Ontario.
This investment is bolstered by additional funding from Hypercharge, a Vancouver-based EV charging solution provider, bringing the total project value to $458,712. These chargers are set to be operational by December 2024.
Hypercharge has previously announced support the integration of Tesla’s North American Charging Standard (NACS), although it is unclear if any of these 48 Level 2 chargers that are part of this investment will feature NACS.
With this latest investment in EV infrastructure, the Government of Canada is getting closer toward its goal of supporting the installation of 84,500 EV chargers by 2029.
“We’re making electric vehicles more affordable and charging more available where Canadians live, work, and play. Investing in more EV chargers, like these ones in Ontario, will put more Canadians in the driver’s seat on the road to a strong, healthy net-zero future,” said Minister Wilkinson.
David Bibby, President and CEO of Hypercharge, emphasized the importance of addressing the EV charging gap in parking lot locations across municipalities. “We are tremendously grateful to be selected for this funding from NRCan to grow the availability of EV charging infrastructure and the adoption of electric vehicles in Ontario,” said Bibby.
The expansion of EV charging infrastructure is part of the Government of Canada’s commitment to combat climate change and promote a sustainable transportation sector. To incentivize the transition to EVs, federal incentives of up to $5,000, in addition to provincial programs, are available to Canadians. These incentives have been extended to March 2025, with a wider range of eligible vehicle models, including vans, trucks, and SUVs.