Vancouver, BC & Montréal, QC – March 1, 2023 – Hypercharge Networks Corp. (NEO: HC; OTC: HCNWF; FSE: PB7) (the “Company” or “Hypercharge”), a leading, smart electric vehicle (EV) charging solutions provider, is pleased to announce its first roaming agreement with Electric Circuit. This partnership enables Hypercharge members to access Electric Circuit’s 4,000+ public charging stations, and reciprocally allows Electric Circuit members to access Hypercharge’s rapidly growing network of public charging stations.
Electric Circuit was founded in 2012 as a project of Hydro-Québec and has since grown to be one of the most extensive public charging networks for electric vehicles in Canada. With its commitment to` sustainability and innovation, Electric Circuit has developed a strong reputation for reliable and accessible chargers with a solid mix of both Level 2 and Level 3 DC Fast Charging available.
Today’s announcement is facilitated by both Hypercharge’s and Electric Circuit’s participation in the ChargeHub Passport program, which allows charging networks to enter into revenue-sharing agreements with other operators on the platform. For EV drivers, both networks are available to activate and pay via the ChargeHub mobile app, enabling a frictionless charging experience.
“We’re thrilled to be working with Electric Circuit as our first roaming partner, as they operate the largest EV charging network in Quebec, and one of the most mature EV charging networks globally,” said Rob Boyko, Head of Product & Operations at Hypercharge. “By participating in ChargeHub Passport, we look forward to continuing to grow the number of stations available to Hypercharge users through additional roaming agreements. Our vision for a truly carbon-neutral future means compatible, holistic solutions that work in harmony among all EV charging networks.”
“This new roaming agreement between the Electric Circuit and Hypercharge is great news for electric vehicle drivers across Canada,” said France Lampron, Director – Energy and Mobility Solutions at Hydro-Québec. “Our goal has always been to make EV charging a seamless experience wherever people go, and this new agreement will bring us even closer to that goal.”
The roaming agreement signed between Hypercharge and Electric Circuit offers financial benefits for both companies. By collaborating to expand their respective EV charging networks, both companies will attract more users to their respective platforms, increasing revenue streams.
Hypercharge Networks Corp. (NEO: HC; OTC: HCNWF; FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to multi-unit residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards 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. Learn more: https://hypercharge.com/
On behalf of the company,
Hypercharge Networks Corp.
David Bibby, President & CEO
Kyle Green | Senior Marketing Manager
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “will”, “estimates”, “believes”, “intends”, “expects” and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning Hypercharge growing the number of stations available to its users through additional roaming agreements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the respective management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the NEO Exchange nor its Market Regulator (as that term is defined in policies of the NEO Exchange) accepts responsibility for the adequacy or accuracy of this news release.