- Parkland secures
$6.825 million in funding fromNatural Resources Canada (NRCan) and the Government ofBritish Columbia to support the building of one ofWestern Canada's largest ultra-fast EV charging networks - Parkland to double its previously announced 25 location network to 50 locations and offer leading customer amenities and experiences across its ON the RUN retail network
- Convenient: Located on highways and in major destinations across
Vancouver Island , the Lower Mainland, the Okanagan and intoAlberta , our ON the RUN ultra-fast chargers will be strategically located at intervals that help eliminate range anxiety for our customers. - Efficient: Delivering an up to 200-kilowatt charge, Parkland's ON the RUN ultra-fast chargers are on an open network, capable of charging most EV models within 20-30 minutes.
- Experience: To help customers make the most of every stop, locations will be staffed, feature an ON the RUN convenience store and most will have a Triple O's restaurant. Customers will benefit from an integrated digital experience through the JOURNIE™ rewards app and washrooms will be upgraded.
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NRCan provided a
"We're making electric vehicles more affordable and charging more accessible where Canadians live, work and play," said The Hon.
"BC is leading
Each ON the RUN charging location will feature two or four charging ports. With several sites already operational, Parkland expects to largely complete its initial 25 charging locations by the end of 2022, and the remaining 25 locations in early 2024.
"Thanks to policy and incentives from both the Province and the Federal Government,
Parkland is an international fuel distributor and retailer with operations in 25 countries. Our purpose is to Power Journeys and Energize Communities, and every day, we provide over one million customers with the essential fuels, convenience items and quality foods on which they depend.
With over 4,000 retail and commercial locations across
Parkland's proven strategy is centred around organic growth, our supply advantage, acquiring prudently, and integrating successfully. We are developing our existing business in resilient markets, growing our food, convenience, and renewable energy businesses, and helping customers to decarbonize. Our strategy is underpinned by our people, and our values; safety, integrity, community, and respect, which are deeply embedded across our organization.
Certain statements contained in this news release constitute forward-looking information and statements (collectively, "forward-looking statements"). In particular, this news release contains forward-looking statements with respect to, among other things: Parkland's plan to double the size of its expected ultra-fast EV charging network in western
These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements, except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, general economic, market and business conditions; the ability of suppliers to meet commitments; unexpected delays that affect Parkland's ability to build its ultra-fast EV charging network as described and on the timeline in this press release; actions by governmental authorities and other regulators; changes and developments in regulations; and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described in "Forward-Looking Information" and "Risk Factors" included in Parkland's revised Annual Information Form dated
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