ChargePoint Secures Major Funding to Enhance EV Infrastructure

Author: Logan Wright Updated: 09-20-2024 08:17 AM

ChargePoint Secures Funding for Enhanced EV Solutions

ChargePoint, a prominent name in electric vehicle (EV) charging solutions, has successfully obtained more than $19 million in funding to facilitate the installation of 248 DC fast charging ports across 45 locations along California's highways. This significant award comes through key partnerships and has been greenlit by the California Energy Commission and California Department of Transportation, as part of the National Electric Vehicle Infrastructure program.

Expanding Charging Accessibility on Highways

The deployment of these new ChargePoint charging stations will be strategically located on some of California's busiest highways, which are currently experiencing high demand and congestion for EV chargers. The expansion of DC fast charging is vital for connecting major urban centers and smaller communities alike, ensuring that EV drivers have access to reliable and convenient charging solutions.

Commitment to Quality and Accessibility

Rick Wilmer, President and CEO of ChargePoint, emphasized the company's dedication to providing world-class charging solutions. "Our commitment to enhancing the charging landscape continues with these latest awards, allowing us to open more NEVI-funded fast charging locations across the country. Our aim is to ensure that all EV drivers can access charging whenever and wherever they need it, made easily accessible through the ChargePoint mobile application," he stated.

Leading the Charge in EV Infrastructure

ChargePoint has established itself as a leader in the electric vehicle charging sector, having garnered nearly $90 million in funding through various NEVI awards for approximately 150 locations already. This extensive network is set to include around 700 fast charging ports across 21 U.S. states that have received funding so far. The NEVI initiative is dedicated to promoting the development of accessible and efficient DC fast charging infrastructure throughout U.S. highways.

Advanced Charging Technology Available

The newly funded sites will primarily utilize ChargePoint Express Plus charging stations, a versatile DC fast charging platform capable of delivering rapid charging speeds of up to 500kW. This innovative system can accommodate vehicles of various makes and models, charging two vehicles simultaneously from a single station. The Express Plus stations are designed with advanced cooling mechanisms, ensuring peak performance and minimal wait times for EV drivers.

About ChargePoint

Since its inception in 2007, ChargePoint has been at the forefront of EV charging innovation. It provides comprehensive solutions tailored to the needs of drivers, charging station operators, vehicle manufacturers, and others within the EV ecosystem. ChargePoint prides itself on offering a reliable and accessible charging experience, with its infrastructure supporting over 1 million charging locations worldwide. To date, ChargePoint has facilitated the charging of over 10 billion electric miles while continuing its commitment to reducing global emissions and enriching the future of transportation.

Frequently Asked Questions

What is ChargePoint's recent funding for?

ChargePoint has received over $19 million to deploy 248 DC fast charging ports across California highways.

How will the funding help EV drivers?

The funding will expand the number of accessible and reliable charging stations for EV drivers, especially on busy highways.

What technology will ChargePoint use for the new stations?

ChargePoint will utilize the Express Plus charging stations, which offer fast charging speeds of up to 500kW.

How many states are involved in the NEVI funding program?

Currently, 21 U.S. states have received funding under the NEVI program for developing DC fast charging infrastructure.

When was ChargePoint founded?

ChargePoint was founded in 2007 and has been a pioneering force in the EV charging sector since then.

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