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

  • Wi-Fi win-win for mass transit
    October 31, 2014
    David Crawford explores passenger and operator benefits of on-board Wi-Fi Urban commuters’ growing demand for continuous – and reliable - internet connectivity is spurring network operators into the rapid installation of high-grade Wi-Fi access on their surface and underground networks, as well as in their stations. Such moves are often a key part of strategies to maintain and increase ridership levels.
    Read More
  • Installed base of fleet management systems in Europe to reach 10.6 million by 2020
    August 26, 2016
    The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company ha
    Read More
  • PTV Group expand to the UK
    January 29, 2014
    German software provider PTV is pushing forward with its expansion strategy and has opened an office in the UK, offering transport and logistics planning software, real-time optimisation solutions and services. Based in Birmingham, the newly established PTV UK will provide public sector clients and transport service providers with its full range of software solutions. PTV is offering its complete product portfolio to strengthen its position in the UK and the Republic of Ireland, both very attractive mark
    Read More
  • MaaS: 'It's been much easier to convince politicians than we expected'
    August 11, 2021
    As she leaves the Mobility as a Service sector, Piia Karjalainen explains why the user must continue to be the focus – and why we haven’t yet even seen half of the innovations available 
    Read More

Highlighted Content