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

  • Jet engine range extenders for electric vehicles
    June 19, 2015
    In its latest report, Range Extenders for Electric Vehicles Land, Water & Air 2015-2025, IDTechEx claims that over eight million hybrid cars will be made in 2025, each with a range extender, the additional power source that distinguishes them from pure electric cars. Add to that significant money spent on the same devices in buses, military vehicles, boats and so on and a major new market emerges. Whereas today's range extenders usually consist of little more than off the shelf internal combustion engine
    Read More
  • Siemens delivers complete EV infrastructure packages
    December 19, 2014
    Siemens is delivering electric vehicle (EV) rapid charging networks across the UK, including networks consisting of almost forty QC45 multi-standard EV chargers to be supplied and installed in South Tyneside and Dorset early in 2015. The networks will be connected to Charge-Your-Car Back Office , and include three years maintenance support provided by Siemens. Funded by the Office for Low Emission Vehicles (OLEV), the network in South Tyneside will consist of twenty QC45 triple-outlet, rapid chargers.
    Read More
  • Truvelo TRIMMS night-time speeds on unlit roads
    June 5, 2014
    Truvelo UK’s new TRIMMS infrared illumination enables mobile speed enforcement in the dead of night. Lincolnshire is the UK’s fourth-largest county, has a population of over a million and is predominantly rural. Only 66km of its 8,893km road network is dual carriageway and 79% of the rest is ‘C’ class or unclassified roads. In terms of Killed and Seriously Injured (KSI) figures, there were 415 casualties in 2013 (down from 526 in 2002). Official figures show inappropriate speed accounts for 25% of the UK’s
    Read More
  • Huawei addresses congested, separated rail networks with cloud solution
    December 20, 2024
    A shift to a cloud-based operating regime solves the problems of trying to make cluttered, geographically-discrete terrestrial systems work together
    Read More

Highlighted Content