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

  • September 27, 2021
    CCAM innovation at ITS World Congress 2021
    We live in an era of increasingly cooperative, connected and automated mobility (CCAM) but there’s still a huge way to go - visitors to ITS World Congress in Hamburg will be able to see projects, innovations and real-life solutions showcased in the city
    Read More
  • February 21, 2013
    UK government funding package benefits plug-in vehicle drivers
    UK drivers with plug-in vehicles are set to benefit from a US$57.3 million funding package for home and on-street charging and for new charge points for people parking plug-in vehicles at railway stations. The coalition government will provide 75 per cent of the cost of installing new charge points. This can be claimed by: people installing charge points where they live; local authorities installing rapid charge points to facilitate longer journeys, or providing on-street charging on request from residents
    Read More
  • April 10, 2014
    Columbia goes intermodal to support sustainability
    David Crawford on the ups and downs of a Latin metropolis. Medellín, Colombia’s second city and a recognised leader in sustainable transport thinking, is rapidly extending its substantial existing investment in modern mobility. It is deploying both an enhanced integrated traffic management array and the country’s first intermodal public transportation management system. The supplier of both, under separate €9 million (US$12.3 million) contracts, is Spanish engineering company Indra, a major exporter
    Read More
  • May 2, 2022
    VW & BP move fast on EVs
    Industry giants have partnered to build a fast-charging network across Europe by 2024
    Read More

Highlighted Content