Hypercharge
Hypercharge Networks is a Canadian public EV charging solutions provider delivering turnkey Level 2 and DC fast charging hardware, proprietary software (Eevion, Quantev), and recurring services to REITs, developers, fleets, hospitality, parking operators, and municipalities across Canada and the US.
- Company typePublic
- Founded2022
- HeadquartersNorth Vancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hypercharge does
Hypercharge Networks Corp. is a North Vancouver-based, publicly traded (TSXV: HC, OTCQB: HCNWF, FSE: PB7) provider of turnkey electric vehicle charging solutions serving multi-unit residential, commercial, hospitality, fleet, parking, and municipal customers across Canada and the United States. The company was founded in 2021 and became the first Canadian-founded EV charging company to list publicly in 2022; it operates an OCPP-based, hardware-agnostic platform integrating third-party chargers from Autel, Alpitronic, XCharge, and Teal EV alongside its own Hypercharge Halo Level 2 station. Its proprietary software layer comprises the Eevion™ integrated charging middleware (for app, platform, and payment-system integrations) and the Quantev™ operations suite (for network analytics, user management, and reporting), supported by a driver mobile app with 41,300+ registered users.
The company monetizes across multiple streams: hardware sales of Level 2 (7-19 kW) and DC fast charging stations (up to 640 kW), recurring service and software subscriptions, a Charging-as-a-Service model, and carbon credit revenue from Canada's Clean Fuel Regulations (which generated $1.74M in 2025, up 600%+ YoY). Distribution is executed through a direct enterprise field sales motion targeting REITs, developers, dealerships, hospitality operators, parking companies, and municipalities, augmented by a Preferred Partner Program of 20+ electrical contractors, VARs, and parking operators. In January 2026 the company expanded its scope via Hypercorp Energy Solutions, launching the Equion Energy Management platform to address battery storage, smart load controls, and demand response, and in May 2026 it acquired the Eddie charging network from AXSO, adding over 2,700 ports (~45% network growth) and a stronger Quebec footprint. As of FY2025 the company reported CAD $10.1M in revenue (up 227% YoY) and 8,400+ networked charging ports across 585+ sites, but operates at micro-cap scale (~CAD $8-10M market capitalization) with continued net losses.
Hypercharge firmographics
Firmographics- Name
- Hypercharge
- Legal name
- Hypercharge Networks Corp.
- Website
- https://hypercharge.com
- Company type
- Public
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hypercharge Networks is a Canadian public EV charging solutions provider delivering turnkey Level 2 and DC fast charging hardware, proprietary software (Eevion, Quantev), and recurring services to REITs, developers, fleets, hospitality, parking operators, and municipalities across Canada and the US.
- Ownership category
- akta.pro rank
Hypercharge industry classification
Industry- Product category
- EV Charging Infrastructure
- NAICS
- Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)
Keywords
Where Hypercharge is headquartered
LocationHeadquarters
- HQ city
- North Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Hypercharge business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales (Charging Stations): Sale of EV charging hardware including Level 2 and DC Fast Chargers. The company historically operated on a hardware-only sales model and is transitioning toward a managed energy services model. Revenue from hardware remains a significant portion of total revenue.
- Service and Subscription Revenue: Recurring revenue from software subscriptions (Eevion, Quantev), network services, and ongoing charging network management. Q3 FY2026 record service and subscription revenue of $1,180,520, representing a 505% year-over-year increase. Gross margin improved to 34% driven by higher mix of service and recurring revenue.
- Charging-as-a-Service (CaaS): Flexible ownership model where Hypercharge provides turnkey EV charging solutions including hardware, software, installation, and ongoing management. Revenue drawn from SaaS fees, equipment financing, and professional services.
- Carbon Credit Revenue (Clean Fuel Regulations): Revenue from sale of carbon credits generated through Canada's Clean Fuel Regulations for eligible EV charging activity. Credits are sold to fossil fuel companies and proceeds reinvested in EV infrastructure. $1.74 million received for 2025 (600%+ increase over $236,058 for 2024).
- Energy Management Services (Hypercorp Energy Solutions): Revenue from battery energy storage, demand response, and energy management services targeting commercial, fleet, and multi-family property owners. Uses an asset-light model drawing from SaaS fees, equipment financing, and professional services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Quote-based pricing for EV charging hardware and software solutions |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Hypercharge product offering
Product offeringCore offering
Hypercharge delivers turnkey EV charging solutions spanning Level 2 and DC fast charging hardware, intelligent cloud-based software platforms (Eevion and Quantev), and supporting services including installation, monitoring, networking, and carbon credit monetization. The company serves multi-unit residential, commercial, hospitality, fleet, and municipal customers across Canada and the US through direct sales and a partner network.
Product overview
Hypercharge offers a comprehensive EV charging ecosystem combining Level 2 and DC fast charging hardware with intelligent software platforms and supporting services. The hardware portfolio includes Level 2 stations (Hypercharge Halo for residential; Autel MaxiCharger AC Pro and AC Ultra for commercial) and DC fast chargers (Alpitronic HYC, Autel MaxiCharger DC, XCharge GridLink, Teal EV). The software layer comprises Eevion Integrated Charging middleware for third-party integrations, Quantev Operations Suite for analytics and network management, and a Driver Mobile App. Supporting services include Carbon Credit Program, Charging-as-a-Service, EV Charger Warranty, EV Ready Plans, Flexible Ownership Options, Managed Networking, Proactev Station Monitoring, Project Design & Installation, and Site Preparation. In January 2026, Hypercharge launched Hypercorp Energy Solutions with the Equion Energy Management platform, expanding into battery energy storage and demand response. The company operates on an OCPP-based hardware-agnostic approach and acquired the Eddie charging network in May 2026.
Differentiator
Problem solved
Functional benefit
Brands
- Eevion: Cloud-based middleware platform that integrates the Hypercharge EV Charging Network into any app, platform, or system
- Quantev
- Hypercorp Energy Solutions
- Proactev
Products and services
- Level 2 Charging Stations
Quantifiable outcome
- Revenue of CAD $10.1 million in FY2025, up 227% year-over-year; nine-month revenue of $9.7 million in Q3 FY2026, up 33% YoY
- +7 more outcomes
Companies that use Hypercharge
Customer profileNamed customers24 records
Segments6 records
Ideal customer profiles4 records
Hypercharge technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hypercharge partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered core and minor.
- AXSO (Eddie)coreHypercharge acquired the EV charging network operator Eddie from AXSO through an asset purchase agreement effective May 1, 2026. The acquisition adds over 2,700 charging ports to Hypercharge's network, representing approximately 45% network growth and bringing the company to over 5,700 ports delivered. The deal is non-dilutive and immediately accretive. AXSO provides transitional services to ensure customer continuity during integration. Eddie's presence strengthens Hypercharge's position in Québec, which accounts for over 50% of Canadian zero-emission vehicle sales.
- Allwest ElectricalminorFeatured preferred partner in Hypercharge's Preferred Partner Program. Allwest is an expert installer certified to deliver safe, reliable EV charging installations with Hypercharge's trusted technology.
- Automotive Charging Solutions (ACS)minorFeatured preferred partner in Hypercharge's Preferred Partner Program. ACS offers Hypercharge solutions to clients, adding value with support, expertise, and service for automotive charging deployments.
- BalsamminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- Bert's (Berts)minorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- BrilliantminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- Cielo EV Charging SystemsminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- ColwinminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- CompassminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- EdwardsminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- HouleminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- IMAPRK (Impark)minorFeatured preferred partner in Hypercharge's Preferred Partner Program. Impark is a major parking management company integrating Hypercharge solutions into parking facilities across North America.
- InfernominorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- INTECminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- MottminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- NightinminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- OspreyminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- ParkCominorFeatured preferred partner in Hypercharge's Preferred Partner Program. ParkCo integrates Hypercharge solutions into parking facilities using the Eevion platform for seamless parking and EV charging transactions.
- Power ProsminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
- Precise (Precise ParkLink)minorFeatured preferred partner in Hypercharge's Preferred Partner Program. Precise ParkLink is a comprehensive Canadian parking management company using Eevion Integrated Charging to enhance their parking payment app with EV charging capabilities, increasing transaction volumes and reducing per-transaction costs.
- RefuelminorFeatured preferred partner in Hypercharge's Preferred Partner Program, providing EV charging installation and support services.
Scale indicators9 records
Recent moves8 records
Expansion highlights7 records
Hypercharge competitors and assessment
Company assessmentDirect peers
- EVgo: EVgo is a US public company focused on DC fast charging networks for public and fleet use. Comparable in recurring-network-revenue orientation and the shift toward higher-margin services.
- Wallbox: Wallbox designs and manufactures smart EV chargers (Pulsar Plus, Commander 2) for residential and commercial use with bidirectional charging capabilities. Comparable in hardware-software integration and channel-driven commercial sales.
- AddÉnergie Technologies: AddÉnergie (now part of FLO) is a Canadian EV charging hardware and software provider serving commercial and public-sector customers. Direct Canadian peer with overlapping product portfolio in Level 2 and DCFC.
- Blink Charging: Blink Charging is a US-based public EV charging network operator offering Level 2 and DC fast charging hardware and network services. Comparable business model and customer mix (commercial, multifamily, municipal, fleet).
- SWTCH Energy: SWTCH is a North American EV charging software and network operator focused on multifamily, commercial, and workplace charging. Highly comparable to Hypercharge in target customer (MURBs, property managers) and hardware-agnostic software-led model.
- FLO: FLO is a leading Canadian EV charging network operator (Level 2 and DC fast) headquartered in Quebec. Direct geographic and product overlap with Hypercharge's Canadian footprint and MURB/commercial focus.
Broad incumbents
- Electrify America: Electrify America operates one of the largest US DC fast charging networks. Broad incumbent shaping the North American EV charging landscape and competing for commercial and fleet deployments.
- ChargePoint: ChargePoint operates the largest North American EV charging network with a hardware + software + services model across Level 2 and DCFC. Broad incumbent serving similar customer segments (workplace, multifamily, fleet, retail) with deeper resources and scale.
Emerging players
- Evergy (Greenlots): Greenlots (now under Shell) provides EV charging software, network management, and grid services to utilities and fleets. Comparable in software-and-services layer targeting utilities and fleet operators.
- Noodoe: Noodoe is an EV charging software and operating-system provider enabling operators to manage distributed charging networks. Comparable in OCPP-based, software-led approach to charging network management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hypercharge social profiles
Digital presenceHypercharge financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hypercharge leadership team
Management profileNumber of profiles
Profiles8 records
Hypercharge subsidiaries and ownership
Company hierarchySubsidiaries1 record
Hypercharge funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hypercharge M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hypercharge
What does Hypercharge do?
Hypercharge delivers turnkey EV charging solutions spanning Level 2 and DC fast charging hardware, intelligent cloud-based software platforms (Eevion and Quantev), and supporting services including installation, monitoring, networking, and carbon credit monetization. The company serves multi-unit residential, commercial, hospitality, fleet, and municipal customers across Canada and the US through direct sales and a partner network.
Is Hypercharge a public or private company?
Hypercharge is a public company. It is classified as public and is currently operating.
When was Hypercharge founded?
Hypercharge was founded in 2022. It employs 11 to 50 people.
Where is Hypercharge based?
Hypercharge is headquartered in North Vancouver, Canada, in the North America region.
How does Hypercharge make money?
Five revenue lines are on record. Hardware Sales (Charging Stations) is the primary driver. The others are service and Subscription Revenue, charging-as-a-Service (CaaS), carbon Credit Revenue (Clean Fuel Regulations) and energy Management Services (Hypercorp Energy Solutions).
Who are Hypercharge's main competitors?
Direct peers on record are EVgo, Wallbox, AddÉnergie Technologies, Blink Charging, SWTCH Energy and FLO. Broad incumbents are Electrify America and ChargePoint. Emerging players are Evergy (Greenlots) and Noodoe.
Does Hypercharge have an API?
No public API is recorded for Hypercharge.
What industry is Hypercharge in?
Hypercharge's product category is EV Charging Infrastructure. Its primary akta.pro industry code is TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing). Its NAICS code is 22112 and its SIC code is 4911.