Hypercharge Networks Eyes 100% Acquisition of Texas EV Firm REVS
Hypercharge Networks has signed a non-binding LOI to acquire REVS Charging LLC, expanding its EV footprint into Texas.
Hypercharge Networks Corp. is making a move into the Lone Star State. The Vancouver-based EV charging operator announced it has signed a non-binding letter of intent to buy out 100% of REVS Charging LLC, a Texas-based electric vehicle charging solutions provider. The LOI was dated May 27, 2026.
If this deal closes, it hands Hypercharge a ready-made presence in one of the fastest-growing EV markets in the country. Texas is a massive battleground for charging infrastructure — big geography, booming EV adoption, and serious competition. Getting in through an acquisition beats building from scratch.
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Hypercharge trades on the TSX Venture Exchange under HC, with OTC and Frankfurt listings as well. The company has been positioning itself as a serious EV charging operator, and a Texas acquisition would meaningfully expand its geographic reach beyond its Canadian base. No financial terms were disclosed alongside the LOI announcement.
Keep in mind — this is non-binding. A letter of intent is just the starting gun, not the finish line. Due diligence, definitive agreements, and regulatory sign-offs all still need to happen. But for traders watching the EV infrastructure space, this signals that Hypercharge is on the hunt and willing to grow through M&A. Watch for follow-up deal terms before sizing up a position.
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