Shorepower Technologies Inc. (SPEV)
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Shorepower Awarded Two New Project in California
Company develops and rolls out new “medium speed” DC Fast Charger PORTLAND, May 16, 2025 – PRISM MediaWire – Shorepower (OTC: SPEV) is pleased to announce they have been awarded two new projects in California totaling over $100,000.
Shorepower Technologies Wins Phase 1 Contract with US Department of Energy
Eligible to Apply for Phases 2 and 3, valued at $650k PORTLAND, August 30, 2024 – In June 2024, the U.S. Department of Energy (DOE) announced the 20 teams from 13 states who won Phase 1: Identify! for the Hero Re-X Before Recycling Prize challenge.
Shorepower Technologies Acquires Assets from IdleAir
Adds 3 locations and nearly 100 Connection Points PORTLAND, July 16, 2024 – Shorepower Technologies Inc. (OTC: SPEV) has agreed to acquire three Truck Stop Electrification Locations from IdleAir (www.idleair.com). The acquisition of these operations is immediately accretive as the locations already generate revenue and represent nearly 100 connection points.
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Shorepower Technologies Inc. Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Mr. Jeff Kim CEO | OTC PINK Exchange | 911634103 CUSIP |
| United States Country | 2 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Shorepower Technologies is a pioneering company founded in 2004, based in Hillsboro, Oregon. The company specializes in the design, construction, installation, and operation of electrified parking spaces, catering primarily to the needs of electric vehicles (EVs) and trucks. Its mission is to provide innovative charging solutions and technologies to enhance the sustainability and efficiency of transportation and logistics industries.
Products and Services
- Electric Vehicle Charging Stations:
Shorepower Technologies offers comprehensive charging station solutions for electric vehicles, enabling EV owners to easily and efficiently recharge their vehicles. These stations are designed to accommodate a range of electric vehicles, promoting the adoption and convenience of electric mobility.
- Electric Trailer Refrigeration Units:
The company provides state-of-the-art electric trailer refrigeration units (TRUs) that offer a more sustainable and quieter alternative to diesel-powered units. These electric TRUs are designed for the cold chain logistics sector, aiming to reduce emissions and fuel consumption in the transportation of perishable goods.
- Truck Stop Electrification System:
This system is innovatively designed to supply shore power to trucks at rest stops, enabling drivers to power their vehicle’s essential systems without idling the engine. This solution significantly cuts down on fuel consumption and emissions, while providing a comfortable rest environment for the driver.
- Hydraulic Regenerative Braking for Heavy Duty Trucks:
Adding to its portfolio of sustainable transportation solutions, Shorepower Technologies offers hydraulic regenerative braking systems for heavy-duty trucks. This technology captures energy typically lost during braking, which can then be reused, thereby improving the vehicle’s overall fuel efficiency and reducing wear on brakes.
