Decoder.ca

Canadian Tech in 100 Words

JOLT

CIB Loans $194M for Free EV Charging Expansion

by

The Canada Infrastructure Bank (CIB) is lending $194 million to Jolt, an Australia-based EV charging firm, to deploy 1,500 curbside chargers in Canadian cities. Users will receive seven kWh of free daily charging, funded by advertising on the stations. The project supports Canada’s push to build 40,000 public chargers annually to meet its 2035 zero-emissions vehicle target.

Jolt, which entered Canada last year, is partnering with Telus to add Wi-Fi to chargers. CIB has invested $650 million in 5,500 fast chargers. Jolt’s proposal bypassed procurement but will employ Canadian workers for installation.

Want to know more? Check out the source code on The Logic.

Jolt and TELUS to Install 5,000 EV Chargers Across Canada

by

Australian EV charging startup Jolt is entering the North American market through a partnership with Vancouver-based TELUS. Together, they plan to install up to 5,000 public DC fast chargers across Canada, utilizing TELUS’ network. With an anticipated rise in electric vehicles, Canada will need over 200,000 public chargers by 2030.

This partnership aims to meet that demand, promoting EV adoption and reducing greenhouse gas emissions. Later this year, installation will begin, offering 7 kWh of free charging per day to drivers via the Jolt app. TELUS sees this collaboration as part of its sustainability goals.

Want to know more? Check out the source code on Techcouver.