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

  • November 26, 2013
    New markets for travel information apps
    Purpose-designed travel information apps are emerging to support the real estate market in the US – and potentially more widely – in a major diversification away from the conventional automotive and navigation device sectors. In July 2013, Washington State-based Imprev, which develops web-based marketing support aids for realtors, announced its App Generator. Claimed as an industry first, this enables property businesses to create their own branded mobile apps to give away as marketing tools to potential
    Read More
  • January 26, 2012
    Vancouver's metro transport promotes alternatives to driving
    David Crawford looks at Vancouver and the legacy of a Olympic transport success
    Read More
  • May 18, 2012
    Developing markets to drive commercial telematics systems to $12 billion by 2016
    Fleet management and trailer tracking system revenues will grow at a CAGR of 19.4 per cent in the next five years, rising from about US$5 billion in 2011 to exceed $12 billion in 2016. ABI Research Telematics and Navigation Group Director Dominique Bonte comments: "While commercial telematics in developed markets such as North America and Western Europe is reaching maturity, especially in the trucking segment, the major growth in future is expected to come from developing regions where safety and security r
    Read More
  • February 8, 2017
    Hydrogen Mobility Europe deploys first 100 zero-emission vehicles
    Hydrogen Mobility Europe (H2ME), the multi-country, multi-partner project which aims to demonstrate that hydrogen can support Europe’s future transport demands, has deployed its first 100 fuel cell electric vehicles (FCEVs) deployed by H2ME in Germany, France and the UK. H2ME brings together eight European countries to address the actions required to make the hydrogen mobility sector ready for market. H2ME plans to perform large-scale market tests of hydrogen refuelling infrastructure and deploy passeng
    Read More

Highlighted Content