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.

Related Content

  • June 7, 2012
    Camera technology a flexible and cost-effective option
    Perceptions of machine vision being an expensive solution are being challenged by developments in both core technologies and ancillaries. Here, Jason Barnes and David Crawford look at the latest developments in the sector. A notable aspect of machine vision is the flexibility it offers in terms of how and how much data is passed around a network. With smart cameras, processing capabilities at the front end mean that only that which is valid need be communicated back to a central processor of any descripti
  • January 28, 2016
    Four UK cities awarded funding to drive green car revolution across
    Four cities have been awarded significant funds to promote green vehicle technology after successfully bidding for a share of a multi-million pot created to support the take-up of plug-in electric cars across the UK. Transport Secretary Patrick McLoughlin announced the winners of the Go Ultra Low City Scheme, after the successful cities proposed a number of initiatives to support greener vehicles as part of a government competition.
  • March 4, 2014
    Open data gives new lease of life to public travel information screens
    David Crawford finds resurgent interest in travel information screens for buildings. With city governments worldwide increasingly opening up and sharing their public transport data for general use, attention is focusing on the potential financial benefits – to transit operators and businesses more widely. Professor Stephen Goldsmith, who directs the US’ Harvard University’s Data-Smart City Solutions Project says: “Amid nationwide public-sector budget cuts, open data is providing a road map for improving tra
  • August 26, 2022
    ITF diagnoses South Asia’s breathing difficulties
    One of the world’s fastest-growing regions faces major transport sector decisions if it is to avoid spiralling emissions problems in coming decades. Alan Dron takes a look at a new report on Asia from the International Transport Forum