With production of its electric-vehicle charging stations ramping up this year at new assembly plants in Shawinigan, Que., and Auburn Hills, Mich., the Canadian charging company Flo will soon have capacity to build 75,000 EV chargers each year.
Flo, founded in Quebec City in 2009, is expanding in both markets. After scaling up across Canada, it moved into the United States in 2018 and currently has more than 60,000 chargers operating in the two countries.
To localize and scale up production in the United States, Flo announced plans in June to spend $3 million to open a Michigan assembly plant. The site in Auburn Hills, north of Detroit, is scheduled to open this fall and gradually ramp up to producing 30,000 EV chargers per year. Along with charger sales, Flo generates 15 per cent to 20 per cent of its revenue from software and servicing its stations.
“We’re working on the biggest challenge of our time, which is the fight against climate change, and it’s impossible that one company does it,” he said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil slips as investors weigh demand outlook ahead of Fed meet - BNN BloombergOil advanced for a second session as signs of a tight physical crude market offset concerns about an economic slowdown.
Read more »
B.C. leads country in household evictions over the past five yearsB.C. households were subject to evictions or “forced to move” more than in any other Canadian province, according to the latest data from the Canadian Housing Survey, conducted by Statistics Canada.
Read more »
The latest numbers on the microchip shortage: A lull in the stormAfter months of production setbacks because of scarce microchips, automakers appear to be getting some relief.
Read more »
Raytheon posts 3% rise in revenue on air travel boostRaytheon has benefited from the travel resurgence that has prompted jet makers to raise production rates
Read more »
Andre De Grasse powers Canada to gold-medal upset in men’s 4x100 relay at track worldsCanadians set a national record and world\u002Dleading time of 37.48 seconds
Read more »