Skip to main content

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

  • Cenex takes control of official UK database of electric vehicle charge points
    August 3, 2017
    With over 100,000 plug-in electric vehicles on UK roads, according to website nextgreencar.com, the UK government’s Office for Low Emission Vehicles (OLEV) has appointed Cenex to maintain and develop the official UK database of information on public charge points. This information will be freely available and will allow third party developers to offer an enhanced user experience for EV motorists. Working in partnership with green energy software systems specialist Apetrel Systems Cenex has announced its pla
  • Huge global OEM connected car system shipments predicted
    May 2, 2012
    OEM connected car system shipments are expected to grow from 8.22 million in 2012 to 39.5 million in 2016. While the United States and Western Europe remain the leading regions, car OEMs such as GM, Toyota, Nissan, Hyundai, and Mercedes Benz increasingly look to China as the next major expansion area for launching connected car solutions in order to maintain or enhance their competitive position in this fledgling market.
  • Bringing the Internet of Mobility to life
    July 16, 2021
    As we chart our route to the ITS World Congress in Hamburg, a recent Ertico-ITS Europe webinar explored the future of connectivity including policy, infrastructure and security
  • Car2Go launches e-car rental service in central Paris
    January 17, 2019
    Daimler subsidiary Car2go has made its electric car rental service available to Parisian users in a 77km square area within the city’s Périphérique motorway. Drivers are charged between €0.24 to €0.34 per minute depending on the location and time of the rental, and can charge the vehicles at around 1,100 charging stations in the French capital. The details flesh out Car2go’s announcement last year of plans to deploy 400 electric Smart EQ Fortwo vehicles in the city. The company intends to add more ve