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.

Related Content

  • March 23, 2016
    From sunlight to street light
    A zero-emission LED street light which its Danish developer, Scotia, claims eliminates electricity costs and feed energy back into the grid has been installed in a car park in Copenhagen for seven years and, says have consistently produced five per cent above their initially predicted yield, with no fall-off. Commissioned by the Danish Government and the United Nations as examples of future zero-emission street lighting for the COP 15 Conference on Climate Change which was held there in December 2009,
    Read More
  • April 23, 2021
    US infrastructure: once in a lifetime
    Expectations are sky-high for Amtrak Joe and Mayor Pete as they use infrastructure spending to rebuild the US economy post-Covid – and ITS firms should be able to get a share...
    Read More
  • February 16, 2023
    US announces major EV infrastructure boost
    Biden-Harris Administration says measures mean "great American road trip can be electrified"
    Read More
  • November 24, 2017
    The Middle East takes lead in urban mobility
    Ralf Baron, Thomas Kuruvilla, Morsi Berguiga, Michael Zintel, Joseph Salem and Mario Kerbage from Arthur D. Little explain why there is much to be learned from the Middle East about the rapid evolution of transport systems. The rapid urbanisation across the globe is leading to mobility challenges as cities struggle to ensure their populations can move around freely using both public and private transport. Solving these issues is critical to ensuring that cities thrive and attract the investment and
    Read More

Highlighted Content