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

  • European Commission proposal to increase research and investment in Europe’s transportation sector
    September 24, 2012
    The EU is launching a new plan, Research and Innovation for Europe’s Future Mobility, that aims to develop a long-term policy strategy that among other goals, is to reduce road casualties to almost zero and greenhouse gas emission from the transport sector by 60 per cent in 2050. The plan doesn’t propose any new EU funding or regulations but instead proposes an initiative to meet with Member States and other relevant stakeholder to discuss policy priorities and objectives. Speaking about the plan, Vice Pres
    Read More
  • Manchester seeks smart but not selective transport solutions
    January 25, 2018
    Smarter transport relies on better communications both with travellers and between transport providers. Andrew Williams reports. Inrix’s prediction that the cost of traffic congestion will rise by 63% to £21bn per year by 2030 clearly illustrates that, in addition to the ongoing inconvenience and inefficiency, ongoing gridlock is a significant drain on the economy. It is against this backdrop that a Cisco-led consortium has launched CitySpire, a smart transport programme that uses location-based services a
    Read More
  • Siemens to provide EV charging for Virginia commuter park and ride facility
    May 21, 2012
    Siemens Energy has been commissioned to provide electric vehicle (EV) charging stations to support Loudoun County, Virginia's new commuter park and ride facility in Scott Jenkins Memorial Park. Located 30 minutes outside of Washington, D.C., Loudoun County's initiative with Siemens represents one of the first EV infrastructure deployment projects in the area.
    Read More
  • Swarco eVolt appoints Siemens’ Anne Buckingham as head of sales
    January 18, 2019
    UK-based Swarco eVolt has named Anne Buckingham, former head of electromobility at Siemens, as head of sales – effective 11 February. Swarco eVolt, an electric vehicle (EV) charging business, also plans to launch a series of e-mobility products and services in 2019. It includes the release of new 100KW and 150KW versions of the Raption Rapid Charger, an all-in-one solution in which the power module is housed within the main unit. Justin Meyer, general manager at Swarco eVolt, says: “In 2018 we recorded a
    Read More

Highlighted Content