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1,500 Kerbside Fast Chargers To Be Installed In Urban Centres
Jolt has partnered with the Canada Infrastructure Bank (CIB) in a $214 million ($C194 million) loan agreement to expand its electric vehicle charging network across Canada. The deal will support the installation of up to 1,500 new kerbside fast chargers, providing Canadians with greater access to EV charging options.
Doug McNamee, Chief Executive Officer at Jolt, said the partnership reflects a shared commitment to innovation and sustainability. “Kerbside fast charging is critical to the transition to electric vehicles. Providing fast, free charging to those without access to off-street charging is Jolt’s goal for its expansion. Our partnership with the CIB ensures that more Canadians can confidently transition to EVs.”
Addressing Range Anxiety And EV Adoption
Jolt’s charging stations offer up to 7 kWh of free fast charging per user per day, providing approximately 50 kilometres of driving range in 15 to 20 minutes. The partnership aligns with Jolt’s and the CIB’s goal of increasing the availability of EV charging and addressing consumer concerns about range.
Ehren Cory, Chief Executive Officer at Canada Infrastructure Bank, said the investment is part of a broader strategy to support clean transportation. “By investing in expanding EV charging infrastructure, we are ensuring Canadians have access to convenient charging points in urban centres. This initiative supports job creation and removes a key barrier to EV adoption.”
Through the Charging and Hydrogen Refuelling Infrastructure Initiative (CHRI), the CIB works with private sector partners to accelerate large-scale EV charging infrastructure projects across Canada. This marks the CIB’s fourth CHRI investment and its third in EV charging.
Supporting Canada’s Climate Targets
The Canadian Government aims to deploy 84,500 EV chargers by 2029 as part of its climate action strategy. It has set a target for all new light-duty vehicle sales to be zero-emission by 2035.
With more than 13 million electric vehicles expected on Canadian roads by 2030, the country will require over 200,000 public chargers. The partnership between Jolt and the CIB is expected to contribute significantly to meeting this demand and reducing transportation emissions.
Expanding Global EV Charging Infrastructure
Jolt’s expansion in Canada builds on its partnership with Canadian telecommunications provider Telus, announced in late 2023. The agreement includes the installation of additional kerbside fast chargers.
Jolt integrates digital out-of-home advertising into its charging kiosks, creating a revenue stream to support free fast charging services. The company has seen significant growth in the past year, expanding its global network by 92 per cent. Jolt operates in Australia, New Zealand, the UK, and Canada, with a 242 per cent increase in EV charging energy provision year-on-year.
“Jolt is in a unique position to make a sustainable impact on cities and EV drivers. Our plan is to develop tens of thousands of charging sites in major cities globally over the next decade,” McNamee said.
Jolt operates Australia’s largest free and fast EV charging network, powered entirely by renewable energy. It partners with Transport for NSW, Ausgrid, Endeavour Energy, and several local councils to expand charging infrastructure nationwide.
More details on Jolt’s EV charging network are available at Jolt’s website.
Last Updated on February 25, 2025 by Nick Ross
