02:09:37 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Hypercharge Networks Corp
Symbol HC
Shares Issued 61,371,704
Close 2022-12-13 C$ 0.50
Market Cap C$ 30,685,852
Recent Sedar Documents

Hypercharge supplies EV chargers to Charger Logistics

2022-12-13 10:28 ET - News Release

Mr. David Bibby reports

HYPERCHARGE SELECTED AS EV CHARGING PARTNER FOR LOGISTICS FLEET ELECTRIFICATION

Hypercharge Networks Corp. has been selected to provide its solutions to fleet operator Charger Logistics Inc., an Ontario-based logistics service provider. To date, Hypercharge has delivered 10 JuiceBar Gen 3 Level 2 EV (electric vehicle) chargers to various Charger Logistics locations across Southern Ontario.

Charger Logistics is focused on meeting the demands of a complex, interconnected world while reducing supply chain inefficiencies and waste. It provides comprehensive network coverage across the United States and Canada and offers solutions for all product sizes, weights and sensitivities, with minimal limits.

"With fleet electrification a necessary transition, deployment of charging solutions should be optimized for both the present and future needs of the company," said Chris Koch, head of growth and partnerships at Hypercharge. "This means not only combining the right hardware and software, which is pro-actively serviced and maintained, but also ensuring that it is flexible enough to scale with the needs of the company and expand with growth."

Canada's greenhouse gas emissions reduction target for the transportation sector is 12 megatonnes of carbon dioxide by 2030. Of this, Canada is aiming for seven megatonnes of emissions reductions to come from light-duty commercial vehicles by 2030, according to PwC. A similar trend is also reflected in the United States, with a 2020 report from McKinsey predicting that the market for fleet charging services in the United States could reach $15-billion by 2030.

About Hypercharge Networks Corp.

Hypercharge Networks is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to multiunit residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift toward a carbon-neutral economy, Hypercharge is committed to providing seamless, simple charging solutions by offering industry-leading equipment and a robust network of public and private charging stations.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.