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

  • Study reveals benefits of electric Beijing taxi fleet
    August 6, 2013
    The impact of introducing plug-in electric vehicles to the streets of Beijing, one of the world’s most polluted cities, has been examined by researchers from the University of Michigan in the ACS journal Environmental Science and Technology. They use big data mining techniques to understand the impact of fleet electrification. As part of the study, the researchers highlight that while plug-in electric vehicles have developed rapidly in recent years there are still uncertainties with regard to market accepta
  • Don’t understand network infrastructure? Don’t worry
    November 1, 2021
    Rapid changes in technology mean ITS managers now need to understand network infrastructure as well as electrical engineering, says EtherWan’s Jim Toepper. But don’t worry, help is at hand…
  • Integrated mobility at the heart of innovative public transport strategies
    June 19, 2015
    According to Frost & Sullivan, in the context of converging mega trends such as urbanisation, technology advancements and social changes, cities and countries are being faced with a unique opportunity in intelligent mobility. To enable mobility integration to happen several industries are beginning to converge and collaborate including the automotive sector, transport operators, technology service and payment providers to name a few. "Effective and efficient mobility is only achievable through seaml
  • Investigating charging methods for open road tolling
    January 30, 2012
    Toll system suppliers are considering service structures and technologies needed to address issues of social exclusion in open road tolling. Jason Barnes asked Telvent's Pat McGowan to explain moves to address the needs of all toll customers