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New Request for Proposals and Tools to Deploy Thousands More EV Chargers Across Canada

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OTTAWA, ON, July 2, 2024 /CNW/ – From coast to coast to coast, Canadians are saving thousands of dollars a year on gas by rapidly making the switch to electric vehicles, with over 320,000 new electric vehicles registered in 2023 alone. The Government of Canada is taking action to make it more affordable for Canadians to purchase, charge and drive electric vehicles (EVs) across the country while driving toward a net-zero future, including by making it easier to access public EV charging through historic direct investments, research and partnerships with the private sector and other levels of government.

Funding and Request for Proposals

To advance these efforts, today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, launched a new request for proposals (RFP) under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The RFP will support the deployment of EV chargers, including fast chargers, in public places across Canada such as highways and public lots. The RFP will also support the deployment of chargers at private locations, including multi-unit residential buildings, workplaces and where on-road vehicle fleets are serviced. Applications will be accepted until September 19, 2024. 

This funding will deploy thousands of new chargers across Canada, building on the Government of Canada’s progress to deploy 84,500 EV chargers across Canada, including through ZEVIP, the Canada Infrastructure Bank (CIB)’s Charging and Hydrogen Refuelling Infrastructure Initiative, and incentive credits under both the Electric Vehicle Availability Standard and the Clean Fuel Regulations. 

In addition to investments by provinces, territories, municipalities and the private sector, the federal government has supported approximately 20% of the nearly 30,000 public chargers that are operating in Canada. As a result, there were 70 percent more EV chargers in Canada in 2023 than in 2022, with thousands more on the way each year.

Supporting Deployment Through Tools and Research

Today, Natural Resources Canada released  Electric Vehicle Charging Infrastructure for Canada: Updated forecasts of vehicle charging needs, grid impacts and cost for all vehicle segments (2024 EV Charging Needs Report).The independently produced report assesses the country’s charging landscape, guides decision-making and informs investment needs, including by provinces, territories, municipal governments and the private sector.

The 2024 EV Charging Needs Report provides a detailed regional analysis of public and private charging needs for both light-duty vehicles and medium- and heavy-duty vehicles, together with related grid readiness requirements and investments. The report highlights that a coordinated effort is needed from all levels of government, industry, utilities and other private-sector stakeholders to continue to accelerate deployment.

Additionally, to help investors, stakeholders, provinces, territories and communities determine the most suitable locations for chargers, the Government of Canada has developed the National Public EV Charging Planning Map.

These evidence-based tools will support the deployment of chargers in the areas with the greatest public charging need, including along routes, highways and communities.

Canadians are making the switch to electric vehicles, reducing their energy costs while driving down emissions. The Government of Canada will continue to support them in accelerating toward a prosperous, net-zero future, including by ensuring all new passenger vehicles sold in Canada are zero-emission by 2035; by supporting the deployment of public charging stations across the country; and by building out a Canadian-made electric vehicle supply chain that creates sustainable, good-paying jobs for Canadian workers.

Quotes

“Canadians are making the switch to EVs because it’s a great way to save money while ensuring clean air in our communities and fighting climate change. We’re making electric vehicles more affordable and charging more available where Canadians live, work, travel and play. Today, we launched another funding request for proposals via the Zero Emission Vehicle Infrastructure Program, which will help deploy thousands more chargers across Canada. This will put more Canadians in the driver’s seat on the road to a prosperous net-zero future.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources 

“Hundreds of thousands of Canadians are making the switch to an EV every year. They expect access to convenient, affordable and reliable charging — including in public spaces. Today’s call for proposals does that by investing in thousands more chargers and equipping the private sector and governments with the tools they need to deploy more chargers, faster.”

Julie Dabrusin 
Parliamentary Secretary to the Minister of Energy and Natural Resources and 
to the Minister of Environment and Climate Change

Quick Facts

The federal government’s investment in EV charging infrastructure is supporting Canadians by reducing barriers to EV adoption while spurring investment and growth across Canada’s EV supply chain, including through Transport Canada’s Incentives for Zero-Emission Vehicles Program (iZEV), which makes zero-emission vehicles more affordable for Canadians and has received another $1.7 billion in Budget 2022; and,Budget 2024 announces the government’s intention to introduce a new 10-percent Electric Vehicle Supply Chain investment tax credit on the cost of buildings used in key segments of the electric vehicle supply chain for businesses that invest in Canada across three supply chain segments:electric vehicle assembly;electric vehicle battery production; and,cathode active material production.The Strategic Innovation Fund (SIF) has made significant strides in the automotive and battery sector in recent years. Since 2017, the Fund has announced over $5.5 billion in funding toward the automotive and battery sector, of which approximately $5.3 billion has been directly in support of the EV transition.These investments include projects focused on producing battery materials, battery components and packs and on manufacturing EVs and developing vehicle components specific to low-carbon transportation (e.g., next-generation tires).Investing $3.8 billion in the mining, processing and recycling of critical minerals,Since 2016, the Government of Canada has allocated over $1.2 billion in funding to support the deployment of electric vehicle charging stations across the country.Since 2019, a total of over 40,000 EV chargers (Level 2 and Level 3) have been supported by ZEVIP.The 2024 EV Charging Needs Report provides an update to a 2022 NRCan-commissioned study, Updated Projections of Canada’s Public Charging Infrastructure Needs, based on changing trends in the EV market, charger utilization and assessment methodologies.As noted in the report, “The results are intended to support the Government of Canada — as well as provincial and municipal governments, utilities and other stakeholders — in planning to ensure that sufficient charging infrastructure will be deployed to support Canada’s targets”As of May 2024, NRCan’s infrastructure programs and the Canadian Infrastructure Bank’s Charging and Hydrogen Refueling Infrastructure Initiative had already committed funds for the installation of over 46,000 chargers across the country, with more than 14,000 of these federally funded chargers already in operation.EV charger deployment has seen significant growth: an average of 45 percent annually since 2016 and a jump to 72-percent growth between 2022 and 2023.With Budget 2023, the Government of Canada has now committed more than $40 billion to support Canada’s clean electricity sector, including related grid updates for EV charging infrastructure.This significant investment is building an EV charging network for Canadians, and we continue to work with all levels of government, industry, utilities and other private sector stakeholders to further accelerate deployment.

Related Information

Zero-Emission Vehicle Infrastructure ProgramThe Canadian Infrastructure Bank (CIB) Charging and Hydrogen Refuelling Infrastructure Initiative (CHRII)2030 Emissions Reduction Plan: Clean Air, Strong Economy Electric Charging and Alternative Fuelling Stations LocatorZero-emission vehicles: IncentivesBuilding a green economy: Government of Canada to require 100% of car and passenger truck sales be zero-emission by 2035 in Canada

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SOURCE Natural Resources Canada

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Bybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week

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DUBAI, UAE, Dec. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, debuted at the Taipei Blockchain Week Dec. 12 to 14, 2024, spotlighting the vibrant Web3 innovations on its platform alongside a dynamic roster of its strategic Layer 1 ecosystem partners.

Featuring side events in collaboration with the Solana Foundation, the Sui Foundation, and a dazzling lineup of multichain projects, Bybit Web3 dedicated the Taipei tour to building up communities and deepening connections with Web3 ecosystem partners. The Bybit delegation also took the stage to uncover the latest insights on Web3, building with a purpose, and the future of blockchain utilities and DeFi.

Purpose, Innovation, and Partnerships

Representing Bybit at the conference were MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3, and Angela Huang, Bybit VIP Relationship Manager, at various panels.

Expanding on blockchain technology’s potential in building better realities for all, Chin joined as a panellist in the session Marketing Web3: Strategies to Engage and Onboard the Next Billion Users. Chin shared learnings and actionable insights from the Bybit-supported Blockchain for Good initiative (BGA), elaborating on both real-world utilities of blockchain technologies and the trickling down of benefits to grassroot communities.

Meanwhile, Angela Huang moderated three sessions closely tied to Bybit’s mission, steering conversations on crucial industry topics:

The panel Bridging TradFi and DeFi: The Exchange’s Role in User Onboarding on Dec. 12 examined how exchanges could elevate access to the digital economy for users at scale.On Dec. 13, Networked Intelligence: The Rise of Decentralized AI explored the intersection of blockchain and AI, showcasing their potential to transform and democratize finance.The Building for Impact: How Female Founders Drive Purpose-Driven Innovation panel on Dec. 14 highlighted the evolving role of women leaders in driving solution-oriented innovation.

Another highlight at the event was amplified globally via Bybit Livestream. Collaborating with the Sui Foundation, Ondo, DeepBook, Scallop, NAVI, and other leading projects, Bybit Web3 led a critical debate on the future of Sui’s growth strategy: Sui Ecosystem Showdown: Mass Adoption vs. Native Growth. Hosted by Emily Bao, Head of Web3 and Spot at Bybit, the livestream attracted over 6,500 viewers live at the Taipei Blockchain Week and globally on Dec. 13.

Deepening Bonds: Key Web3 Ecosystems and Communities

Bybit Web3 brought the local community closer to its world-class ecosystem partners with engaging community events, co-hosting Taiwan DeFi Flow with Sui and Scallop on Dec. 12, and Solana Ecosystem Taipei Greetings with the Solana Foundation and Solar with the support of Orderly Network, Zetachain, Jupiter, and Sonic, on Dec. 14. Through collaborations and innovation, Bybit Web3 opens up new on-chain possibilities for partners and stakeholders to expand the Web3 universe.

These relaxed evening gatherings provided a convivial backdrop for like-minded builders and entrepreneurs to network, exchange ideas, and celebrate their shared enthusiasm for DeFi and dApps in Asia’s growing Web3 innovation hub.

“It’s been an incredible experience connecting with the builders, believers, users, creators, and supporters driving innovation on Solana and Sui. These moments remind us of the heart and spirit of Web3—a vibrant ecosystem shaped by collaboration and shared vision. I’m deeply proud to witness this growth, grateful for every connection made, and excited for the road ahead,” said MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3.

“Taipei Blockchain Week showcased the immense growth and potential of Web3 innovation in Asia. Representing Bybit, I had the honor to collaborate with industry leaders to explore Web3’s limitless possibilities, from DeFi and AI to real-world applications. Together, we are shaping a more inclusive global crypto community,” said Angela Huang, Bybit VIP Relationship Manager.

In the past year, Bybit has seen exponential growth in its user base, surging to over 60 million by the end of 2024. It has also invested in vertical growth through community engagements across the world. Connected by the passion for the future of crypto, blockchain, and Web3, the Bybit family is on track to building an inclusive and sustainable path to growth for the industry.

 

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bybit-champions-web3-innovation-and-strengthens-ties-with-asias-crypto-community-at-taipei-blockchain-week-302338870.html

SOURCE Bybit

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Yu Liu, Vice President of Baijiayun, to Attend 2024 Jixin AIGC Summit for Exploring New Industry Landscape

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BEIJING, Dec. 24, 2024 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it will attend the 2024 AIGC Summit soon.

Recently, the 2024 AIGC Summit, hosted by “Jixin”, a venture capital and industry research media that focuses on industrial AI, is about to kick off. As an outstanding enterprise representative that has successfully implemented AI technology in various industries, Baijiayun has been invited to attend. Yu Liu, the vice president of Baijiayun, will share unique insights at the summit to promote industry communication and progress.

This summit focuses on the in-depth application of AIGC technology in vertical scenarios, aiming to analyze the strategies, practices and successful experiences of AI going global, grasp the pulse of the development of the times, build a more open and win-win AIGC industrial ecosystem on a global scale, and open a new chapter for the future.

As an important participant in the AIGC field, Baijiayun has achieved remarkable results in technological innovation and application implementation. Vice President Yu Liu has been deeply involved in many core businesses and strategic decisions during the development of the company and has rich experience and profound insights in the application practice of AIGC technology. His attendance at this summit is expected to bring the latest achievements and innovative ideas of Baijiayun in vertical scenario applications and international market expansion, providing valuable references and inspirations for industry colleagues, further stimulating the innovation vitality and development momentum of the industry, and promoting the AIGC industry to a new peak. Many industry insiders are looking forward to this summit with full anticipation. It is believed that with the joint efforts of all parties, a clear and promising blueprint for the future development of the AIGC industry will be drawn.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com

View original content:https://www.prnewswire.com/news-releases/yu-liu-vice-president-of-baijiayun-to-attend-2024-jixin-aigc-summit-for-exploring-new-industry-landscape-302338871.html

SOURCE Baijiayun Group Ltd

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My China Story: Technology Brings the World Together for a Chinese New Year

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BEIJING, Dec. 24, 2024 /PRNewswire/ — As the Spring Festival approaches, many are preparing for their holiday travels abroad. While the excitement of spontaneous trips is undeniable, one of the biggest hurdles travelers face is language barriers. However, iFlytek‘s innovative translation device promises to make communication effortless, helping you navigate any language challenges with ease.

 

Known for its sleek and compact design, iFlytek’s smart translation gadget offers an elegant black, business-style exterior, a moderate size, and a lightweight build. It’s the ideal travel companion, fitting easily into your pocket without weighing you down. Whether you’re heading to a city getaway or a remote adventure, this device ensures that language is never an obstacle.

The device boasts impressive capabilities, supporting translations in 84 languages online and 16 languages offline. Whether you’re traveling to Japan, South Korea, France, Germany, or the Middle East, this device handles it all. Even in remote locations—such as secluded mountain temples or isolated islands—the offline translation feature ensures you won’t be left speechless. The device also offers specialized vocabulary for specific fields, making translations more precise and professional.

With its intuitive interface, the gadget is easy to use—just a tap, and you’re ready to communicate. This makes it a perfect tool for travelers who want to ensure a smooth and enjoyable experience while abroad.

But what lies behind this innovative device? How did it come to life? To learn more about its development and functionality, we are following a Russian journalist as he visits iFlytek’s headquarters for an exclusive look at this remarkable “gadget” and uncover the story behind its creation.

Stay tuned as we explore the technology that’s revolutionizing the way we connect across cultures.

https://youtu.be/QkdFG0LvH70

View original content to download multimedia:https://www.prnewswire.com/news-releases/my-china-story-technology-brings-the-world-together-for-a-chinese-new-year-302338865.html

SOURCE “My China Story” International Short Video Competition Organizing Committee

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