Hydro One and Ontario Power Generation Launch new Company to Deliver Connected EV Fast-Charger Network
Feb 20, 2020
Hydro One and Ontario Power Generation (OPG) announced the launch of Ivy Charging Network, a new company, which will work towards establishing an electric vehicle fast-charger network.
The company’s 160 level 3 fast-chargers will be at 73 locations across Ontario, which will help alleviate electric vehicle range anxiety, as Ivy’s locations will be less than 100 kilometres apart on average.
Natural Resources Canada (NRCan), through its Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative (EVAFIDI), provided an $8 million repayable contribution to Hydro One and Ontario Power Generation to help build the EV network.
Ivy Charging Network selected Greenlots, a member of the Shell Group and leader in electric vehicle charging and management solutions as its service provider to operate and manage the network. Ivy Charging Network is a limited partnership with equal ownership between Hydro One and OPG. As an unregulated business, it can provide a new revenue stream for both companies while not affecting Ontario electricity rates.
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