LONGUEUIL, QC, Oct. 29, 2026 /CNW/ -- Polara, a leader in fleet electrification, supports organizations across North America with solutions ranging from charging infrastructure design and smart energy management through its Cleo platform to unlocking the value of electric assets in carbon markets.

With revenue growth of 560% over four years, the company is proud to announce that it has been named a 2026 winner of the Deloitte Technology Fast 50™ program, which recognizes the growth, innovation and entrepreneurial spirit of Canada's top-performing technology companies.

The program recognizes the 50 Canadian technology companies with the highest revenue growth over a four-year period. To date, Polara has delivered 165 charging infrastructure projects, while its Cleo platform manages 290 sites, optimizing thousands of charging stations. In addition, nearly 150 electric fleets have entrusted Polara with the management of their carbon credits.

This recognition reflects Polara's sustained growth and the expanding impact of its infrastructure solutions, including:

• Delivery of New York State's largest electric school bus fast-charging project for GVC Ltd.;
• Development of bidirectional vehicle-to-grid (V2G) infrastructure for Fremont Unified School District in California;
• Deployment of Canada's first municipal vehicle-to-everything (V2X) charging station in Victoriaville, QC.

"This recognition is first and foremost a reflection of the outstanding work of our team and the trust placed in us by our customers, partners and investors," said Sébastien Fournier, President and CEO of Polara. "Since the beginning, we have believed that the energy transition must be built on practical, cost-effective and scalable technology solutions. Being named to the Deloitte Technology Fast 50 is an important milestone in our growth journey."

Polara helps its customers make the transition to electric mobility economically viable by adapting to the operational, regulatory and commercial realities of each market, supported by an integrated offering of infrastructure, software and services.

In carbon markets, eligible electric vehicles and equipment can generate carbon credits. Polara helps customers monetize these credits, creating a new source of revenue. This monetization opportunity complements the operating savings generated through smart charging and further strengthens the overall business case for the energy transition.

At the heart of this growth is Cleo, which serves as the intelligence layer connecting vehicles, charging stations, buildings and power grids. The platform optimizes charging based on fleet operational requirements and site energy constraints.

Polara is also expanding its expertise in bidirectional charging, including vehicle-to-grid (V2G) energy transfer and vehicle-to-everything (V2X) applications. These approaches are paving the way for fleets that can not only use energy more efficiently, but also contribute to the resilience of buildings and power grids.

"This recognition validates the relevance of our vision and the strength of the market we serve," added David Cantin, Vice President, Finance at Polara. "As organizations seek to reduce energy costs, strengthen resilience and achieve their environmental objectives, we will continue to invest in innovation, particularly in our Cleo platform and its smart charging management capabilities, to deliver greater savings and improve operational and energy efficiency for our customers."

For more than 25 years, the Deloitte Technology Fast 50 program has celebrated Canadian companies that distinguish themselves through their growth, capacity for innovation and contribution to Canada's technology ecosystem.

About Polara

Polara specializes in infrastructure and software solutions for electric vehicle fleets. The company supports organizations throughout their energy transition with an integrated offering encompassing vehicle electrification, energy optimization, smart charging management through its Cleo platform, V2X and V2G applications, and carbon credit monetization.

Polara helps fleet operators, manufacturers, municipalities and public-sector organizations unlock new value from their vehicles and equipment through improved energy management and the generation of carbon credits.

With operations in Canada and the United States, Polara supports customers at every stage of their operations, from infrastructure design to the optimization of day-to-day charging activities. Its Cleo platform helps reduce energy costs and optimize fleet charging.

Its flagship products include the Cleo smart charging management platform, the CHRGPK electrical distribution unit, and the PRKOUT home charging solution. Together, these technologies support scalable electrification, participation in new energy services and, where assets are eligible, the monetization of emission reductions through carbon markets.

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SOURCE Polara