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EV Stock News: Hypercharge (NEO: HC) Announces First Charger Installations with Target Park U.S. Inc.

 

Vancouver, British Columbia and Hoboken, New Jersey - January 18, 2023 (Newsfile Corp.) (Investorideas.com Newswire) Hypercharge Networks Corp. (NEO: HC) (FSE: PB7) ("Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider, is pleased to announce it will provide EV charging stations to parking lots managed by Target Park U.S. Inc. in New York, New Jersey, Pennsylvania, and Rhode Island, marking the first U.S.-deployed chargers under the agreement signed with Target Park.

Target Park U.S. Inc. is a parking lot operator and management company providing a wide range of parking services in the United States. It deploys the latest technologies to facilitate the parking process, while identifying and revitalizing facilities and spaces that are either inefficiently operated or that have commercial parking potential that hasn't yet been realized.

"Target Park are well-recognized across North America for their exceptional customer service, and their ability to incorporate the latest technologies into their offering," said Chris Koch, Head of Growth & Partnerships at Hypercharge. "We align heavily with these values and are excited to expand our partnership with the brand into the United States."

Early this year, Hypercharge will be installing four Level 2 charging stations across 4 parking lot locations: 107-02 Queens Blvd in Queens, NY; Edison Place Garage in Newark, NJ; Abbotts Square Garage in Philadelphia, PA; and T. F. Green International Airport in Warwick, RI. With the addition of the new locations announced today, Hypercharge EV charging will be available across North America in five U.S. states and seven Canadian provinces.

"We are pleased to expand our partnership with Hypercharge on this project. It's clear that electric vehicles are increasingly growing in popularity, and we want to be able to ensure that guests who use our managed parking facilities have everything they need, including reliable and easy-to-use EV charging," said Chet Wilkolaski, Executive Vice President and Co-Owner of Target Park U.S. Inc.

About Hypercharge

Hypercharge Networks Corp. (NEO: HC) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions that offers turnkey technology to multi-unit residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to providing seamless, simple charging solutions by offering industry-leading equipment and a robust network of public and private charging stations. Learn more: https://hypercharge.com/

Hypercharge Networks Corp.
David Bibby, President & CEO

Investor Relations:
invest@hypercharge.com
604-881-1730

Media Contact:
Kyle Green | Senior Marketing Manager
kyle.green@hypercharge.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning (i) the expansion of Hypercharge's partnership with Target Park into the U.S.; and (ii) Hypercharge's installation of four Level 2 charging stations at Target Park's locations in Philadelphia and New Jersey, and the timing thereof. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the respective management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the NEO Exchange nor its Market Regulator (as that term is defined in policies of the NEO Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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