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

  • Middle East Looks to road charging for congestion relief
    January 26, 2012
    On the eve of the Gulf Traffic show in Dubai, ITS Arab secretary general and Innova Consulting managing director Zeina Nazer reviews prospects for road user charging in the Middle East and North Africa
    Read More
  • Smart phones offer smarter way to pay for travel
    December 16, 2013
    David Crawford reviews developments in near field communications for mass transit payments. ‘A carefully-designed and well-implemented mobile near field communications (NFC) solutions can give passengers a compelling experience that will encourage them to make greater use of public transport.’ That was the confident conclusion of a recent joint White Paper drawn up by the International Association of Public Transport and the global mobile operators’ representative group GSMA.
    Read More
  • Smart cities - better world, says A-to-Be
    May 19, 2020
    Smart city adoption in the US has been sluggish, thinks Jason Wall of A-to-Be USA. But there is still time to learn lessons from the European experience...
    Read More
  • UK government announces investment in electric and hybrid battery research
    September 7, 2012
    The UK Government has announced an investment of £9 million (US$14.4 million) with a further £4 million (US$6.3 million) from industry into new Energy Storage R&D Centre which will work to accelerate the development of the next generation of batteries for electric and hybrid vehicles. The Department for Business, Innovation and Skills hopes that the new £13 (US$20.7 million) million centre, which will be based at the University of Warwick, will help the UK to capitalise on the growing electric and hybrid ve
    Read More

Highlighted Content