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

  • Mexico improves road safety with speed enforcement programme
    June 7, 2012
    A programme of road safety education and enforcement in the State of Jalisco in Mexico has reduced speed related fatalities by 40% in nine months Speed enforcement equipment will appear in greater number and visibility around the city of Guadalajara over coming months, as the Mexican State of Jalisco expands its road safety campaign. This comes hot on the heels of an initial programme of traffic speed education and enforcement in Guadalajara, which has yielded remarkable results, reducing speed related fata
    Read More
  • ITSWC 2020 - LA, here we come!
    November 26, 2019
    Planning for next year’s 27th ITS World Congress in Los Angeles is well under way. ITS America president Shailen Bhatt explains what visitors can expect from the 2020 event...
    Read More
  • Cooperative infrastructure systems waiting for the go ahead
    February 3, 2012
    Despite much research and technological promise, progress towards cooperative infrastructure system deployment is still slow. Here, Robert Cone and John Miles take a considered look at how and when it might come about. From a systems engineering viewpoint it looks logical and inevitable that vehicles should be communicating between themselves and with the road infrastructure. But seen from a business viewpoint the case is not proven.
    Read More
  • ITS America historic meeting welcomes industry leaders
    June 1, 2015
    Welcome to ITS America’s 25th Annual Meeting Anniversary in Pittsburgh! This historic silver anniversary brings together more than 2,000 of the nation’s top transportation and technology policymakers, business leaders, engineers, investors and researchers. The event’s theme – Bridges to Innovation – is appropriate in that the issues to be discussed and debated and the technologies on display are representative of how important ITS is to America’s – and the world’s – transportation future.
    Read More

Highlighted Content