Photo: FLO
Flo, an electric vehicle (EV) charging company, is boosting its investment into new technologies with a $23.8 million CAD ($17.4 million USD) investment into developing Level 2 chargers and ultra-fast charging hardware, according to a report from Automotive News Canada.
The chargers are expected to hit the market in 2024, though the company has not released a specific launch timeline. The program is expected to focus on public, residential and commercial charging needs, and the hardware will feature adaptable power offerings of up to 19 kW, or on the higher end of the spectrum for Level 2 chargers.
The project was detailed on March 13 in Montreal, just as the province’s Innovation and Energy Minister Pierre Fitzgibbon detailed plans to offer $6 million in grant funding for the development program.
Flo produces chargers at factories in Shawinigan, Quebec and Auburn Hills, Michigan, and the new charger development is expected to create 25 new jobs in the Canadian province.
The new charger is thought to offer up to an 80-percent charge within just 15 minutes, and it also offers multiple configurations to make it easier for drivers.
Last year, Flo announced a partnership with GM to deploy 40,000 public EV chargers in North America. Flo has also partnered with Mercedes-Benz Canada and a number of other companies in its process of deploying more EV chargers.
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