CIB announces $194 million partnership with JOLT for EV charging infrastructure

Canada Infrastructure Bank (CIB) and JOLT announced a $194 million loan agreement to expand JOLT’s electric vehicle (EV) charging network across Canada. This investment will fund the installation of up to 1,500 new curbside EV chargers in urban centres, making charging more accessible for Canadians. The initiative is part of the CIB’s goal to alleviate consumer range anxiety and significantly reduce transportation emissions by accelerating EV adoption.