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Hypercharge Networks Corp V.HC

Alternate Symbol(s):  HCNWF

Hypercharge Networks Corp. is a Canada-based provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to multi-unit residential and commercial buildings, fleet operations, and other sectors. The Company provides charging solutions by offering equipment and a network of public and private charging stations. The Company provides turnkey EV charging solutions primarily for light and medium duty EVs through a managed charging network of EV charging stations, a cloud-based software platform which operates site-owner and Company-owned charging stations and offers iOS and Android mobile applications to drivers. Its portfolio includes equipment to serve every setting and vehicle with outputs from 6 kilowatt (kW) to 350 kW. The Company’s EV chargers include Hypercharge JNT-EVC10, Hypercharge JNT-EVC11, Hypercharge Level 3 DC Fast Charging, and Hypercharge JuiceBar Gen 3 Series. The Company supplies and installs EV charging stations across Canada.


TSXV:HC - Post by User

Hypercharge Networks Corp
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Post by StockHawk1on Dec 30, 2022 3:17pm
71 Views
Post# 35197563

Canada's Environment Minister Proposes 60% EVs by '30

Canada's Environment Minister Proposes 60% EVs by '30

Under new regulations proposed by Canada's Environment Minister 20% of all passenger cars, SUVs and trucks sold in Canada in 2026 will need to be electric. The mandate will hit 60% by 2030 and 100% by 2035.


Considering this massive government push for EVs Canada is set to need many more EV charging stations.


Hypercharge Networks (HC.n) is currently the only Canadian-founded EV charging company that is publically listed. 


HC has gotten 7 new contracts since its IPO in mid-November and is currently pursuing $9M in qualified opportunities for 2023. 


Currently, HC is trading at $0.58/share which I think is fairly undervalued especially when you are looking at it from a mid or long-term perspective. 


https://www.cp24.com/news/canada-moves-to-mandate-electric-vehicle-sales-starting-in-2025-1.6203469

 
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