An electric vehicle charging solutions provider based in Vancouver this week landed a significant US customer.
Founded in 2021, BC-born Hypercharge Networks offers turnkey technology to multi-unit residential and commercial buildings, fleet operations, and other sectors.
The company counts several Canadian partnerships, including one with Tricon Residential, which will see downtown Toronto icon buildings The Selby and The Taylor outfitted with Hypercharge stations.
“We worked closely with the team at Tricon to determine what charging solutions would best suit the needs of both visitors and residents,” Chris Koch, Head of Growth & Partnerships at Hypercharge, stated last month. “Mixed-use residential buildings are quickly recognizing the potential benefits of having EV charging on site, particularly in urban environments where EVs are becoming increasingly popular.”
In the US, parking lot operator and management firm Target Park will soon deploy Hypercharge tech throughout lots in New York, New Jersey, Pennsylvania, and Rhode Island.
“Target Park are well-recognized across North America for their exceptional customer service, and their ability to incorporate the latest technologies into their offering,” believes Koch. “We align heavily with these values and are excited to expand our partnership with the brand into the United States.”
Hypercharge will be installing four Level 2 charging stations across four parking lot locations in the US. With the addition of the new location, Hypercharge stations will be available across North America in five states and seven Canadian provinces, according to a statement from the startup.
“We are pleased to expand our partnership with Hypercharge on this project,” stated Chet Wilkolaski, Executive Vice President and a co-owner of Target Park. “It’s clear that electric vehicles are increasingly growing in popularity, and we want to be able to ensure that guests who use our managed parking facilities have everything they need, including reliable and easy-to-use EV charging.”
Locally, Hypercharge cites Spaces City Link as a user of its technology. An 8-storey, state-of-the-art office building situated on West 8th Avenue in Vancouver’s Cambie Corridor is owned by Quay Pacific Property Management, which was established in 1998 to provide strata and property management throughout British Columbia.
The LEED Gold Certified location will offer 40,000 square feet of modern workspace.
“Workplace charging will play a key role in enabling the proliferation of EVs, making the workday more productive by giving EV drivers one less thing to think about,” noted Koch in December.
The Vancouver City Link location is one of five new Spaces coworking offices in Canada; others are located in Toronto, Ottawa, Dartmouth, and Surrey.
Natural Resources Canada estimates in a 2022 report that EV adoption is expected to reach 60% in Canada by 2030, with the U.S. expected to reach 52% adoption, according to Bloomberg NEF.
Hypercharge trades on NEO under the ticker “HC.”
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