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

  • October 26, 2022
    Digital twins help city space race
    As the world becomes more urbanised, there is a need to monitor the likely effects this will have on the way we live, says Jeroen Borst of TNO, the Dutch organisation for applied scientific research
    Read More
  • December 13, 2012
    Transcore challenges perceptions, targets broader markets
    In August this year, Tracy Marks took over the presidency of TransCore, succeeding John Simler, who has moved on to other roles within parent company Roper Industries. A 19-year veteran of the company, Marks describes himself as having been groomed for the job. Previously responsible for TransCore’s Southern region in the US, he also took on a series of roles, including the top job at United Toll Systems, as part of moves which were carefully choreographed to prepare him for where he is now. The appointmen
    Read More
  • March 2, 2022
    Want intelligent transit? Then share data
    How will the US deploy intelligent transit networks that enable connected vehicles? Data sharing is crucial if urban mobility users are to benefit, explains Timothy Menard of Lyt
    Read More
  • November 9, 2021
    The rise of EVs: it’s electrifying!
    The projected rise and rise of electric vehicle usage means that European road surfaces are taking on new appearances to get ready
    Read More

Highlighted Content