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

  • In-car electronics and user demand for connectivity make case for automotive Ethernet
    January 22, 2014
    According to Frost and Sullivan, the use of Ethernet technology in automotive is gaining pace in Europe and North America. The paradigm shift towards connected cars and associated services such as automotive app stores and connected location-based services is fuelling the uptake. Along with the need to integrate multiple consumer electronic devices, the importance of offering prioritised, personalised services and maintaining brand identity are compelling automotive OEMs (original equipment manufacturers) t
  • Siemens EV charging ahead in Corby
    March 8, 2013
    Siemens is to provide the UK’s Electric Corby with its CP500A AC electric vehicle (EV) charging points at the first of ten locations in Corby, with a further eight locations being finalised. With the support of Corby Borough Council, the latest Siemens EV charging equipment will be installed over the coming weeks. According to Siemens, the network of Siemens EV charge points will help Corby strengthen its position as a leading edge location for ‘cleantech’ business investment, and bolster the wider Plugged
  • Tier Mobility takes over Spin
    March 3, 2022
    German firm's latest acquisition means it rides into North America with Ford-owned group
  • The future of ITS post recession
    January 25, 2012
    ACS, A Xerox Company's Cees de Wijs talks about post-recession recovery and what we might expect to see in the coming years