Canadian EV charging company Swtch Energy raises US$27.2M to scale up

Swtch Energy Inc. has raised US$27.2 million in fresh funding to scale up in Canada and the United States, as electric-vehicle charging infrastructure in multi-unit residential buildings climbs policymaker, real estate company and consumer priority lists.

Company CEO Carter Li said right-to-charge laws and energy-efficiency mandates are gaining ground in North America, putting the company in a “unique position” to support the real estate sector as chargers become a standard offering in MURBs.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Greek PM fuels debate for expanding Canadian LNG as Ottawa promotes renewable energy industryFederal government cool to idea of new plants on east coast, questioning viability and pushing cleaner energy alternatives
Source: globeandmail - 🏆 5. / 92 Read more »

Canadian Stock Index Falls as Energy and Industrial Stocks WeakenCanada's main stock index moved down Thursday, led lower by weakness in energy and industrial stocks, while U.S. markets were mixed but largely positive as tech stocks rose.
Source: SooToday - 🏆 8. / 85 Read more »

Bill Gates-Backed Nuclear Energy Company Set to Revolutionize US Energy By 2030“When you use liquid sodium as a coolant instead of water it’s a game changer.”
Source: boredpanda - 🏆 18. / 72 Read more »