Hypercharge Acquires Texas-Based REVS Charging to Expand U.S. EV Network

Hypercharge Networks Corp. (TSXV: HCF) has announced an agreement to acquire Texas-based electric vehicle (EV) charging solutions provider REVS Charging, marking a significant expansion of the company’s presence in the United States and reinforcing its North American growth strategy.

Acquisition Details

• Hypercharge Networks to acquire REVS Charging (Texas-based EV charging solutions provider)
• Deal strengthens Hypercharge’s footprint in the United States
• Represents a new phase in the company’s North American growth strategy
• Financial terms of the acquisition were not disclosed in the announcement

About Hypercharge Networks

• Vancouver-based EV charging network operator (TSXV: HCF)
• Operates charging stations across Canada
• Recently reported Q1 FY2027 results showing:
  • Revenue down 58% year-over-year to $1.42 million
  • Gross margin increased to 44%
  • Network expanded to over 9,400 charging ports (including 2,700 from Eddie acquisition)
  • Received $1.74 million in Clean Fuel Regulations credits for 2025 charging activity

About REVS Charging

• Texas-based provider of EV charging solutions
• Specializes in commercial and fleet charging infrastructure
• Operates charging networks across Texas and surrounding states
• Focuses on high-power DC fast charging for commercial applications

Strategic Implications

The acquisition allows Hypercharge to:

• Expand into the large Texas EV market, one of America’s fastest-growing
• Combine Hypercharge’s Canadian expertise with REVS’s Texas market knowledge
• Create cross-border charging network capabilities
• Position the combined entity for growth in the North American EV charging sector
• Leverage REVS’s commercial fleet charging experience

Recent Growth Initiatives

This acquisition follows Hypercharge’s recent strategic moves:

• May 2026 acquisition of charge point operator Eddie from AXSO (added 2,700 ports)
• August 2026 promotion of Kyle Moncrief to Chief Financial Officer
• Focus on Level 2 deployments for higher margins and subscription income
• Successful monetization of Clean Fuel Regulations credits

Market Context

The U.S. EV charging market continues to expand rapidly, driven by:

• Federal infrastructure investments under the Bipartisan Infrastructure Law
• State-level incentives for charging infrastructure
• Growing EV adoption across commercial and consumer segments
• Increasing demand for reliable charging solutions

Hypercharge states that the REVS acquisition will be integrated into its existing operations, with plans to leverage the combined expertise to serve both Canadian and U.S. customers seeking reliable EV charging solutions.

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