Ehren Cory, CEO of Canada Infrastructure Bank, said in a press release that the loan to the Calgary-based gas-station chain will help pave the way for up to 2,000 public fast-charging ports across the country. (The Logic)
Ehren Cory, CEO of Canada Infrastructure Bank, said in a press release that the loan to the Calgary-based gas-station chain will help pave the way for up to 2,000 public fast-charging ports across the country. (The Logic)
Ehren Cory, CEO of Canada Infrastructure Bank, said in a press release that the loan to the Calgary-based gas-station chain will help pave the way for up to 2,000 public fast-charging ports across the country. (The Logic)
Talking point: Charging infrastructure is a major hurdle to Canada’s zero-emission vehicle goals: Two of the biggest factors cited by EV skeptics are limited battery range and lack of charging stations, a J.D. Power survey found. Parkland executive Darren Smart said in the release that the chain’s initial EV investments—37 locations, mostly in B.C., which is among the top jurisdictions for EV adopters in North America—have seen “strong customer utilization.” Smart said the company will keep looking into financing options for additional EV chargers, and focus on scaling in areas with clear demand. The funding covers up to 80 per cent of charger installation costs over four years, with repayments tied to how much the chargers are used.
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