EV Charging Stations are stations that provide power to charge the batteries of an electric vehicle. These chargers are classified according to output voltage and the rate at which they can charge a battery. With increased demand of Electric Vehicles, there is a bigger need for the charging stations too.
Electric Vehicles (EV) are the future and their adoption is increasing multi-fold around the world and Canada is no exception. They have been growing exponentially in the past few years and hence there is an increasing demand for charging infrastructure.
There is an increasing range and decreasing price trend of electric vehicles, with the number of plug-in EVs on the road doubling in the last year and more than tripling since 2017. As this trend is not going to slow down, every major auto manufacturer has announced plans to release a fleet of fully electric cars. New options like the Hyundai Kona and Audi e-tron are already hitting the road, adding to the existing selection of popular EVs like the Nissan Leaf, Cheverolet Bolt, and Tesla’s full line-up.
Currently there are over 100,000 plug-in EVs now on the road in Canada and this demand is ever increasing. Considering this as a promising and futuristic niche, Inspiration Technology Ltd. takes on the projects of installing the EV charging stations across the GTA and surrounding areas and plans to expand as the opportunities come.