Canada Infrastructure Bank boosts EV charging network with $210M deal By Investing.com ...Middle East

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Canada Infrastructure Bank boosts EV charging network with $210M deal By Investing.com
OTTAWA – The Canada Infrastructure Bank (CIB) and Parkland Corporation have struck a significant $210 million financing agreement to amplify the electric vehicle (EV) charging infrastructure across Canada. This strategic move is set to add up to 2,000 new charging ports at approximately 400 sites, marking a substantial step toward CIB’s ambitious target of enabling around 4,000 public fast charging ports nationwide. The CIB’s Charging and Hydrogen Refuelling Infrastructure (CHRI) initiative is at the forefront of combating range anxiety, a common concern deterring potential EV owners. By bolstering the availability of charging stations, CIB aims to accelerate EV adoption and slash gre

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