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Azra to Invest $40M in New EV, Charging Stations

April 20, 2016

Azra will invest $40 million over the next 18 months to install 2,000 new electric charging stations and to introduce and deploy the Twizy, Renault’s first 100% electric vehicle in Canada.

Photo courtesy of Renault
Photo courtesy of Renault

The Twizy is a 100% electric, low speed vehicle, and was designed by the Renault Sport team. Certified by Transport Canada on March 1, 2016, it has a type-1 charging cable and side reflectors with a speed capped at at 25 miles per hour, according to the automaker.

The Twizy will be available for lease at CA$99 (US$77) per month, which includes the costs of registration and insurance. Azra-Partenaire-Renault-Partner said it has teamed up with Uni-Select to assist with the management and maintenance of the vehicle fleet.

Azra said it will install 2,000 charging stations over the next 18 months in an effort to increase the accessibility of charging stations for Canadian EV drivers. The stations will be equipped with 7 kW-50 kW power charges that can serve up to four users. Azra will install a station for free on private property of companies it has partnered with.

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