The Government of Canada announced a more than $235,000 investment for SWTCH Energy Inc. to install 61 electric vehicle (EV) chargers in Ontario and Quebec.
The announcement was made by Seamus O’Regan Jr., Minister of Natural Resources.
Valued at more than $480,000 with the contribution from SWTCH Energy, a renewable energy dealer headquartered in Toronto, the project will provide an innovative EV charging and energy management platform for users, designed specifically for multi-unit residential buildings.
Federal funding isprovided through Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program, which supports Canada’s ambitious target to have all new passenger vehicles sold in Canada be ZEVs by 2040.
The government has invested over $600 million to make EVs more affordable and charging infrastructure more accessible. This includes creating a coast-to-coast network of fast chargers and charging in more localized areas where Canadians live, work and play.
This infrastructure ensures Canadians can drive and charge their vehicles across Canada.
This investment also supports natural gas refuelling stations along key freight corridors, hydrogen stations in metropolitan centres, the demonstration of next-generation charging technologies, and the development of enabling codes and standards.
The government is providing incentives of up to $5,000 for Canadian consumers to buy EVs to increase affordability and full tax write-offs for businesses purchasing them.