Canada Infrastructure Bank loaning Australian EV charging company Jolt $194M
- The Canada Infrastructure Bank has loaned $194 million to Jolt to expand its electric vehicle charging network in Canada.
- The loan will support the installation of up to 1,500 new curbside EV chargers in Canadian cities.
- Jolt's charging stations provide up to seven kilowatt-hours of free, fast charging per car per day.
- The Canada Infrastructure Bank has invested approximately $650 million in EV charging infrastructure, deploying about 5,500 fast charging ports.
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