Daimler invests in ChargePoint

Daimler is ramping up the expansion of its network for electric cars by making a strategic investment in American charging solutions provider ChargePoint. ChargePoint already has a large customer base in North America and is planning expansion into Europe, which will be supported by the Daimler investment. Daimler’s investment in ChargePoint enables it to move forward with its corporate strategy on electric mobility and its new electric vehicle brand, EQ. The company is also focusing on expansion of its
March 9, 2017 Read time: 2 mins
2069 Daimler is ramping up the expansion of its network for electric cars by making a strategic investment in American charging solutions provider 4825 ChargePoint. ChargePoint already has a large customer base in North America and is planning expansion into Europe, which will be supported by the Daimler investment.

Daimler’s investment in ChargePoint enables it to move forward with its corporate strategy on electric mobility and its new electric vehicle brand, EQ. The company is also focusing on expansion of its electric vehicle network, with a range that extends from intelligent charging services for the home as well as tailor-made services right through to home energy storage units, which work in conjunction with photovoltaics installed on house rooftops.

Currently offering more than 33,000 charging spots at more than 7,000 sites around North America, ChargePoint is a major provider in the sector for electric mobility charging solutions and is the market leader in North America.

For more information on companies in this article

Related Content

  • Launch of UK wind hydrogen refuelling station
    September 22, 2015
    Energy storage and clean fuel company ITM Power has launched its first public access hydrogen refuelling station at the Advanced Manufacturing Park, just off the M1, Junction 33 in South Yorkshire, funded by InnovateUK. The site, which as a public access refuelling station is the first of its kind in the UK, consists of a 225kW wind turbine coupled directly to an electrolyser, 220kg of hydrogen storage, a hydrogen dispensing unit and a 30kW fuel cell system capable of providing backup power generation fo
    Read More
  • Parifex speed cameras: picture perfect
    September 30, 2020
    From speed cameras to smart cities, image processing and AI – Parifex is not short of ambition. Nathalie Deguen tells Adam Hill where the French company is heading next
    Read More
  • Uber to implement clean air fee for all London trips
    October 25, 2018
    Uber will introduce a fee of 15p per mile for all trips booked via its app in London to help its drivers purchase an electric vehicle (EV). The surcharge will be introduced in early 2019. Uber says drivers working 40 hours per week for two years could receive around £3,000 of support towards the purchase of an EV. The initiative is part of Uber’s Clean Air Plan in which the company expects to raise more than £200 million in the next few years to support the switch to electric. Uber estimates tha
    Read More
  • High-speed WIM moves onto the main highway
    May 24, 2016
    High-speed weigh-in-motion is starting to make its mark on both sides of the Atlantic. As a transit country the Czech Republic experiences a large number of overloaded vehicles, which greatly increase highway maintenance costs. This prompted its Transport Ministry to trial an extension of the capabilities of the existing truck tolling system to allow the dynamic high-speed weighing of cargo vehicles. In effect the tolling enforcement gantries become weigh-in-motion (WIM) locations.
    Read More

Highlighted Content