Transport: it’s electrifying Green energy is an essential part of any sustainability strategy, but it’s not the only area we need to focus on. The transport sector is responsible for about a quarter of all Canadian emissions1, and electrifying our fleets and personal vehicles is a must if we’re going to meet the climate goals set out in the Paris Agreement. The question is no longer if electric vehicles (EVs) will catch on, it’s how quickly they’ll take over. Automakers around the world are announcing electric models, and the Government of Canada has set a mandatory target for all new light-duty cars and passenger trucks to be zero-emission by 2035. Drivers are also getting on board, with annual passenger EV sales expected to reach 14 million in 2025, compared to 3 million in 2020.2 “To remain successful, we need profitable growth. So instead of investing in a shrinking business, we choose to invest in the future – electric and online. We are fully focused on becoming a leader in the fastgrowing premium electric segment.” - Håkan Samuelsson, CEO, Volvo Cars
EVs are coming fast, and we’ll need a robust, reliable, and low-carbon charging network to keep them running. That’s why we’re excited to launch an electric vehicle charging solution in 2022. the bullfrog buzz•8
Our parent company, Spark Power, is already a leader in EV infrastructure, and we can’t wait to offer our combined expertise to new and existing Bullfrog customers. Since 2017, Spark has built EV charging sites from B.C. to Nova Scotia. We’ve installed 25 MW of total charging capacity, and we’re ready to install and service electric vehicle supply equipment (EVSE). We’re currently working for IVY Charging Network to build twelve charging sites at ONroute plazas along Ontario’s Highway 401. So what does this mean for Bullfrog? We’re working on a seamless EV charging solution for homes and small businesses. Once you’re ready to go electric, we’ll take care of everything you need to stay charged. And if you’re already bullfrogpowered, you’ll have the added benefit of knowing that your vehicle’s energy footprint is 100% emissions-free. Interested in learning more? Visit bullfrogpower.com/ev to sign up for email updates about this product. ¹ Environment and Climate Change Canada BloombergNEF ³ Forbes, Car and Driver 2
When will automakers phase out internal combustion engines?3 Audi: 2033 BMW: no commitment Bentley: 2030 Fiat/Chrysler: no commitment Ford: 2030 (Europe only) GM: 2035 Honda: 2040 Hyundai: no commitment Jaguar/Land Rover: 2036 Mazda: no commitment Mercedes-Benz: 2030 (with some caveats) Mitsubishi: no commitment Nissan: no commitment Toyota: no commitment Volvo: 2030 VW: 2035 (Europe only)