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Hypercharge Networks to Buy Texas EV Firm REVS Charging

Summarized from GlobalNewswire

Hypercharge Networks has signed a deal to acquire Texas-based REVS Charging LLC, expanding its U.S. footprint in the electric vehicle charging market.

Hypercharge Networks to Buy Texas EV Firm REVS Charging

Canadian EV charging operator Hypercharge Networks Corp. announced Monday it has signed a definitive agreement to purchase 100% of the equity interests of REVS Charging LLC, a Texas-based electric vehicle charging solutions provider, in a deal expected to close October 1, 2026.

The agreement, executed September 28, 2026, would establish a formal U.S. operating platform for Hypercharge, which trades on the TSX Venture Exchange under the ticker HC and on U.S. over-the-counter markets as HCNWF. The company said the acquisition is designed to expand both its charging network presence and its services revenue base in the American market.

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Completion of the transaction remains subject to customary closing conditions as well as approval from the TSX Venture Exchange, the company noted. REVS Charging is described as a provider of electric vehicle charging solutions operating out of Texas, a state that has seen rapid growth in EV infrastructure demand in recent years.

The move reflects a broader industry pattern of EV charging companies pursuing consolidation strategies to achieve scale, lock in recurring service revenue, and compete more effectively against larger infrastructure rivals. Hypercharge, headquartered in Vancouver, British Columbia, positions itself as a leading EV charging operator in the Canadian market and is now signaling a more deliberate push across the U.S. border.

Continue reading at GlobalNewswire.

Frequently Asked Questions

Q.What is Hypercharge Networks acquiring?

Hypercharge Networks Corp. is acquiring 100% of the equity interests of REVS Charging LLC, a Texas-based provider of electric vehicle charging solutions.

Q.When is the Hypercharge and REVS Charging deal expected to close?

The transaction is expected to close on October 1, 2026, subject to customary closing conditions and TSX Venture Exchange approval.

Q.Where is Hypercharge Networks headquartered and where does it trade?

Hypercharge Networks Corp. is headquartered in Vancouver, British Columbia, and trades on the TSX Venture Exchange under HC, on OTC markets as HCNWF, and on the Frankfurt Stock Exchange as PB7.

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