Canadian EV charging company Swtch Energy raises US$27.2M to scale up

  • 📰 AutoNewsCanada
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Canada Headlines News

pSwtch Energy Inc. has raised US$27.2 million in fresh funding to scale up in Canada and the United States, as electric-vehicle charging infrastructure in multi-unit residential buildings (MURBs) climbs policymaker, real estate company and consumer priority lists.

Swtch Energy Inc. has raised US$27.2 million in fresh funding to scale up in Canada and the United States, as electric-vehicle charging infrastructure in multi-unit residential buildings climbs policymaker, real estate company and consumer priority lists.

Company CEO Carter Li said right-to-charge laws and energy-efficiency mandates are gaining ground in North America, putting the company in a “unique position” to support the real estate sector as chargers become a standard offering in MURBs.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 77. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Greek PM fuels debate for expanding Canadian LNG as Ottawa promotes renewable energy industryFederal government cool to idea of new plants on east coast, questioning viability and pushing cleaner energy alternatives
Source: globeandmail - 🏆 5. / 92 Read more »

Canadian Stock Index Falls as Energy and Industrial Stocks WeakenCanada's main stock index moved down Thursday, led lower by weakness in energy and industrial stocks, while U.S. markets were mixed but largely positive as tech stocks rose.
Source: SooToday - 🏆 8. / 85 Read more »

Canadian Renewable Energy Operators Urged to Make Infrastructure More Resilient to Climate ChangeRenewable energy operators in Canada are being urged to make their infrastructure more resilient to climate change in order to reduce the likelihood of future catastrophic grid outages. The risks posed by extreme weather events related to climate change are being discussed at a conference in Calgary.
Source: CTVCalgary - 🏆 26. / 68 Read more »

Canadian energy producers say they’re prepared for 2024 drought, wildfire risksCanadian energy producers say they are prepared and ready for what could be another spring and summer of drought and wildfires in Western Canada.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Canadian energy producers say they are prepared for 2024 drought, wildfire risksCEO Jonathan Wright says NuVista’s field operators will be using satellite imagery to track the course and progression of any blazes and will immediately shut in production if necessary
Source: globebusiness - 🏆 31. / 66 Read more »

Bill Gates-Backed Nuclear Energy Company Set to Revolutionize US Energy By 2030“When you use liquid sodium as a coolant instead of water it’s a game changer.”
Source: boredpanda - 🏆 18. / 72 Read more »