Charging infrastructure company Jolt has received $144 million (C$194 million) from the Canada Infrastructure Bank (CIB) to support the installation of up to 1,500 fast-charging stations across Canada. The Australia-based company, which also operates in New Zealand and the UK, aims to expand accessible charging options in urban areas.
Jolt’s business model integrates advertising-supported charging, offering users up to 7 kWh of free fast charging per day—equivalent to roughly 50 kilometers of driving range—through its mobile app. The allowance resets daily at midnight. The company funds this service through a built-in Digital Out-of-Home advertising network on its charging stations, with advertisers such as Volkswagen, Audi, and the Ontario Government already onboard.
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“By investing in expanding EV charging infrastructure, we are supporting Canadians’ need for accessible and convenient charging points in urban centres,” said Ehren Cory, CEO of Canada Infrastructure Bank. “Our strategic partnership with Jolt highlights a commitment to supporting the deployment of innovative technology which will create jobs and remove a potential barrier to EV adoption.”
Jolt CEO Doug McNamee emphasized the importance of curbside fast charging in increasing EV adoption, stating that the company’s goal is to provide accessible charging solutions for those without off-street parking.
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The company began deploying chargers in Canada in September 2024, with the first units installed in the Greater Toronto Area offering charging speeds of up to 50 kW. Jolt has previously announced plans to install up to 5,000 public DC fast chargers across the country.
Jolt describes itself as the largest free EV charging network in Australia, New Zealand, and the UK, and is now positioning itself as a key player in Canada’s growing EV infrastructure sector.