Automotive Charging Solutions (ACS)

Hypercharge ⚡️🔌 (TSXV: HC, OTC: HCNWF, FSE: PB7) announces the release of its audited financial results for the fourth quarter and fiscal year ended March 31, 2024, and related management discussion and analysis. https://lnkd.in/gFFrigdh

EVinfo.net completed a detailed analysis of Non-Tesla EV charging installations over the last year. The results are surprising, and prove profitability. We were greatly honored to include the study for the thought-leading EV Charging Summit & Expo blog. See the article here: https://lnkd.in/gJKfe2hb For authoritative EV charging stats we turned to EV expert Loren McDonald. McDonald is the CEO of EVAdoption, an EV/EV charging data and analysis firm. EV industry leader Dan M., Director of Customer Success at Stable Auto, also provided valuable insights. McDonald looked for the top ten cities, and provided an analysis for data on the top thirteen cities adding the most DCFC non-Tesla chargers in the US over the last 12 months. 13 cities were found in the data, because two cities tied for the 6th rank, and three cities tied for the 8th rank. McDonald also reported on the top ten US cities adding the most Level 2 EV Charging stations. See the report for details. McDonald's data shows only LDV (light-duty vehicle) charging stations. Heavy-duty stations and stations not open to the public were excluded. Stable Auto's Dan M. ran an analysis showing that Tesla still leads the number of ports deployed, despite its cutbacks. Marchini studied three informative EV charging data sets over the last year. The sets included Net New Ports, Net New Sites, and Ports Per Charging Station. Some companies showing up in the data include ChargePoint, EVgo, AB EVconnect, Electrify America, Rivian, Shell Recharge Solutions, Blink Charging, EVCS, Circle K, 7-Eleven, EvGateway, bp pulse, and more. As EVinfo.net reported yesterday, public EV charging wasn’t profitable in the early days of the EV revolution. However, that is changing, thanks to increased utilization. “There’s a common belief in the industry that fast charging isn’t profitable,” said Rohan Puri, CEO of Stable Auto. “However, our data shows that this is no longer the case for a lot of stations. Utilization is up across many states in the US, growing from an average of 11.4% in April 2023 to 18.1% in March 2024.” EVinfo.net offers valuable marketing services to the EV Industry. DM me for more info: https://lnkd.in/gH5Gdqb7 We strongly recommend that you attend the EV Charging Summit & Expo, North America’s leading EV charging event, coming March 25–27, 2025. Until then, sign up for the blog for the latest thought-leading EV charging news.

Here are the headlines you missed this week in the EV charging infrastructure sector 👇 - IONNA announces the selection of Durham, North Carolina as its global headquarters - IONNA announces new executive leadership team including Derek Rush (CFO), Ricardo Stamatti (CPO), and Shankar Muthukumar (COO) - FLO EV Charging announces raise of $136M Series E financing - BloombergNEF announces the release of its Electric Vehicle Outlook 2024 - Gabe Klein and Michael Maten discuss "Building Resilient Infrastructure to Meet Long-Term EV Demand" at Benchmark Mineral Intelligence GigaUSA - Hypercharge Networks and Automotive Charging Solutions (ACS) announce charger installation at multifamily complex in Tucson, AZ - The White House releases a Climate Capital Guidebook to provide a map of capital programs available to climate-related startups and SMBs - CoreNet Global names CBRE as a finalist of global best practice awards for its Electric Vehicle Innovation Design Center - Mercedes-Benz High-Power Charging announces agreement with Alpitronic to become the first DC fast-charging network in the US to deploy Alpitronic's Hypercharger 400 at scale - Joint Office of Energy and Transportation announces resource hub for planning and implementing EV charging in cities and communities - ElectricFish announces the opening of new manufacturing facility and corporate headquarters in San Carlos, California - Monta announces promotion of Jesper Terkelsen to CTO - Voltpost  announces $100k grant from the Michigan Mobility Funding Platform to deploy lamppost chargers in Detroit and across Michigan - Blink Charging achieves “In Process” FedRAMP® status to provide cloud-based EV Charging solutions across the US government - IoTecha Corp announces $27M grant from the California Energy Commission to advance grid-friendly EV charging solutions across the state - SWTCH announces partnership with LG Electronics to deploy chargers at Wrigley Field, home of the Chicago Cubs - Matthew Pereira and Adam Smude come out of stealth officially launching ChargeWonder - City and County of San Francisco launches curbside EV charging pilot program - ChargePoint announces the launch of a landing page designed for technical documentation and design specifications needs of architects and engineers - itselectric announces it is now ENERGY STAR certified —----------- 📥 Want the latest EV charging business and policy developments? Subscribe to EV Power Pulse in my profile.

Exciting news for EV Charging Infrastructure! The U.S. now has over 183,000 publicly available charging ports. Compared to January 2021, that number has almost doubled with more than 13,000 ports added in the last three months alone. Industry experts believe that the number of public EV chargers is poised to go up considerably in the following years. Read more about how charging infrastructure continues to expand through out the U.S: https://lnkd.in/g8GwbZcC #eMobility #EVCharging #EVChargingInfrastructure #EVs #ElectricVehicles #EVChargers