HCNWF - EV Charger Firm Delivers on Order to British Columbia

2024-07-25 11:24:43 ET

%ElectricVehicles (EVs) are everywhere - but chargers aren’t. This company is looking to change that and is a leading provider of smart EV charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors.

%HyperchargeNetworks Corp. (TSXV: ) (OTC: ) announced in a press release today that it has delivered from its sales backlog and recognized as revenue 200 of 778 charging stations for PCI Developments' King George Hub development in Surrey, BC. Deliveries are expected to be completed by November 2024.

The firm was chosen in March 2023 by PCI Developments to provide 748 Level 2 charging stations, one for every residential parking space at the King George Hub. Then, in July 2023, Hypercharge was selected to provide an additional 29 Level 2 charging stations and 1 dual-port DC Fast charger for use by visitors to commercial tenants.

Hypercharge’s mission is to accelerate EV adoption and enable the shift towards a carbon-neutral economy. The company is committed to offering seamless, simple solutions, including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations.

Canadian shares were trading up in morning trade.