JOLT, an Australian-founded electric vehicle (EV) charging network, has partnered with the Canada Infrastructure Bank (CIB) collaboration for a A$214 million (C$194 million) loan agreement to fast track the expansion of JOLT's EV charging and digital out-of-home (DOOH) network across Canada.

The project involves the installation of up to 1,500 new kerbside EV chargers and 3,000 premium DOOH screens in urban centres. JOLT's charging stations offer up to 7 kWh of free fast charging per user per day, which is approximately equivalent to 50 kilometres of driving range.

JOLT has already secured notable Canadian advertisers, including Volkswagen, Audi, and the Ontario Government, to utilise its DOOH network. This partnership with the CIB complements JOLT's existing collaboration with TELUS, a Canadian communications technology company.

CEO of JOLT, Doug McNamee, said: "The further expansion of JOLT’s network will see our audience continue to grow and provide advertisers a greater footprint to connect with audiences in meaningful, data-led ways. Forward thinking brands are already experiencing the benefits of advertising on JOLT’s DOOH network and demand is continuing to grow."

The Canadian Government has set ambitious targets for EV infrastructure, aiming to deploy 84,500 EV chargers by 2029 and achieve 100% zero-emission vehicle sales by 2035. JOLT's network has seen a 92% growth globally in the past 12 months, with a 242% increase in EV charging energy provision year on year.

JOLT's operations are expanding not only in Canada but also in Australia, New Zealand, and the UK. The Canadian rollout has commenced in the Greater Toronto Area. In Australia, JOLT has appointed Carin Lee-Skelton as General Manager of Regional Sales, ANZ.

To enhance its out-of-home media planning and reporting, JOLT has launched a data platform called Spark Intelligence. The company is verified by ClimateActive and supports United Nations Sustainable Development goals.

CEO of the Canada Infrastructure Bank, Ehren Cory, said: "By investing in expanding EV charging infrastructure, we are supporting Canadians’ need for accessible and convenient charging points in urban centres. Our strategic partnership with JOLT highlights a commitment to supporting the deployment of innovative technology which will create jobs and remove a potential barrier to EV adoption."