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

  • June 7, 2012
    Transport problems need ''strong action from policymakers”
    Taking advantage of the attendance of the heads of ITS Asia-Pacific, ITS America, Ertico – ITS Europe, and ITS Malaysia as the host nation of the recent 12th ITS Asia-Pacific Forum in Kuala Lumpur in April, ITS International initiated a round table discussion on the big ITS issues confronting the individual regions. For such a diverse collection of advanced and emerging nations spanning the globe, in terms of the advancement of ITS, a common single issue emerges above all others
    Read More
  • March 30, 2017
    China plans more ITS deployment despite economic slowdown
    The Chinese government is turning to ITS to help solve urban traffic congestion in the majority of its large cities. Eugene Gerden reports. China is investing an estimated 3.5bn yuan ($551 million) per year in ITS and while the country’s current economic strategy may see this decline, the government plans to continue active development of the national intelligent transport system.
    Read More
  • June 7, 2017
    Technology and finance shapes up to make MaaS happen
    The technology and finance aspects needed for Mobility as a Service (MaaS) to become widely adopted are taking shape as Geoff Hadwick and Colin Sowman hear. Sampo Hietanen, CEO of MaaS Global and ‘father’ of MaaS, started his address to ITS International’s recent MaaS Market conference in London by saying: “All of the problems that can be solved by a company or group of companies have already been solved, and now we are left with the big ones such as housing, transport and health. He called MaaS the “Netfli
    Read More
  • April 2, 2014
    Parsons acquires Delcan
    US-based transportation planning, engineering, and construction company Parsons has expanded its global transportation operations with the acquisition Delcan, an international multidisciplinary engineering, planning, management, and technology firm that provides a broad range of integrated systems and infrastructure solutions to the transportation market. Delcan is a strategic addition to Parsons and signals the firm’s intent to expand its geographic footprint in transportation, one of the corporation’
    Read More

Highlighted Content