Environment committee  There is a strong argument for incentivizing smart charging, which tends to be slightly more expensive to buy but has the huge opportunity to help people use electricity better at their homes or businesses—going back to some of the things Mr. Bradley said. Smart charging allows you to manage load, so that you're not charging at the times that are not good for the grid.

Environment committee  There are at least three competing standards for DC fast charging. Just to correct one thing, there are still, I think, many situations in which incentivizing level two can help Canadians feel more comfortable that there are EV charging options.

Environment committee  I would agree. Quebec has shown extremely useful leadership both in terms of balancing incentives with a strong and predictable ZEV mandate and, at the same time, encouraging investments in education and infrastructure that have really supported not only urban Quebec residents, but also rural Quebec residents in adopting electric vehicles in proportions roughly equal to their share of population.

Environment committee  When consumers who are considering whether to buy an EV are surveyed, they will consistently tell you that range anxiety, the concern about the ability to charge, is a major factor in their decision-making. There have been some very important investments made, particularly by NRCan, that have helped to expand the network of EV charging stations across Canada.

Environment committee  AddÉnergie is a private corporation, and does not disclose its financial specifics. However, we have experienced very substantial revenue growth, particularly in the last two years, which has been attractive to a couple of major institutional and government investors.

Environment committee  Yes, absolutely. We're currently still at an early stage of adopting electric vehicles and charging infrastructure, but there is ample opportunity to develop profitable business models, both on the network deployment of EV charging stations and on the manufacturing of charging stations.

Environment committee  Thank you very much for having us here today. That is correct. We were very pleased to announce our series-C financing round for our company on Friday. This included both an equity contribution, and a financing round that was led by an investment bank out of Montreal with federal participation.

Environment committee  Yes, federal incentives have played an important role in the development of our market. One of the most notable examples is NRCan, which has provided important support for charging station deployment across Canada through the EVAFID and other programs.