B.C.-based network adds 2,700 charging ports with acquisition to make it one of the largest in Canada

Electric vehicle charging provider, Hypercharge, has announced its purchase of Eddie, an EV energy management system and charging network operator. 

Eddie was launched in 2024 by AXSO, a technology subsidiary of Hydro-Quebec. According to a Hypercharge spokesperson, around half of Eddie’s network services multi-unit residential buildings (MURBs) in Quebec. Hotels represent around one-fifth of its operations, with the remaining ports spread across public, destination and commercial charging applications.

Alexandre Bérubé, CEO of AXSO, said in a press release that the sale “will allow AXSO to maintain its focus on software innovation for EV charging solutions, while entrusting the growth of the Eddie network to Hypercharge.”

Larger presence in Quebec

North Vancouver-based Hypercharge specializes in EV charging for commercial buildings, MURBs and commercial fleets, as well as public charging.

Prior to the sale, Hypercharge’s network consisted of 5,700 charging ports. Through the acquisition, the network provider adds more than 2,700 total ports for an increase of more than 45 per cent, making Hypercharge one of the largest charging networks in Canada.

The purchase gives Hypercharge a large presence in Quebec, where EV sales had a 19.2 per cent market share in Q4 of 2025. Previously, most of its network was located in B.C. and Ontario, with increasing activity in the Prairie provinces. 

“Quebec represents the largest growth region in Canada for Hypercharge and the acquisition of Eddie is a strategic step in expanding Hypercharge’s network and recurring revenue base,” said David Bibby, president and CEO of Hypercharge, in a press release. 

“This is another step of our capital deployment strategy to identify deals that accelerate our path toward profitability. We will continue to be opportunistic with capital deployment across North America and disciplined as our priority is profitable growth.”

Transition services agreement

Hypercharge says the sale includes customer contracts, relationships, brand assets, certain related intellectual property and other operating assets that support continuity of the business.

AXSO and Hypercharge have entered into a transition services agreement where AXSO will continue to provide some services following closing.

The sale is pursuant to an asset purchase agreement, with ownership effective May 1, 2026. Terms of the deal were not disclosed.