EV Charging Network ChargePoint To Go Public Vi...
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You can charge your EV at any publicly accessible location on the ChargePoint network or our roaming partner networks, including EVgo and FLO. Use the ChargePoint app to find and access stations near you on multiple charging networks.
You can sign up for a free ChargePoint card online or via our ChargePoint mobile app. After signup you will receive a free card within 7-10 business days. Once it arrives, you must log in to your account and activate your card. Go to My Account and select Manage ChargePoint Cards. Make sure you have your ChargePoint card on hand to enter the serial number and select save. You can also use your smartphone to start charging at any public charging station using Tap to Charge. For more information on using Tap to Charge, click here.
ChargePoint Home Flex is a Level 2 home charger that charges any EV up to 9X faster than a standard wall outlet. With Flex, you can schedule charging to save money, set reminders to plug in and manage home and public charging with the ChargePoint app. Visit the ChargePoint Home Flex Resources Page for more information about charging at home.
Maryland continues to experience significant growth in Electric Vehicle ownership and has a robust network of publicly available Level 2 and Level 3 DC Fast Charging stations to support the growing number of EVs on the road. The Maryland Motor Vehicle Administration tracks the total number, make, model, and model year (MY) of all EVs registered in Maryland. Current Electric Vehicle Registration data can be found here.
The Maryland Transportation Authority has 15 publicly available charging stations at three of its toll facilities: five each at the Bay Bridge in Annapolis, and at the Baltimore Harbor Tunnel and Fort McHenry Tunnel in Baltimore. The charging stations are part of the ChargePoint network.
ChargePoint also set records in 2017, delivering an average of more than one million public charging sessions per month, up from under 700,000 each month the year before. By the end of 2017, the company added an average of more than 1,000 new places to charge each month, an increase of several hundred over the prior year. ChargePoint entered 2018 with approximately 45,000 places to charge on the network, a year-over-year increase of more than 10,000. Today, someone plugs into the ChargePoint network approximately every two seconds, underscoring the massive growth of electric mobility.
The 2017 Charging Forward report provides the state of EV charging and digs deep into the EV ecosystem that plays a vital role in the creation of the fueling network of the future. Charging Forward is designed to be a resource for the latest on the EV charging market and the factors that shape electric mobility.
ChargePoint is the leading electric vehicle (EV) charging network in the world, with charging solutions in every category EV drivers charge, at home, work, around town and on the road. With more than 45,000 independently owned public and semi-public charging spots and more than 7,000 customers (businesses, cities, agencies and service providers), ChargePoint is the only charging technology company on the market that designs, develops and manufactures hardware and software solutions across every use case. Leading EV hardware makers and other partners rely on the ChargePoint network to make charging station details available in mobile apps, online and in navigation systems for popular EVs. ChargePoint drivers have completed more than 31 million charging sessions, saving upwards of 30 million gallons of gasoline and driving more than 732 million gas-free miles. For more information, visit www.chargepoint.com or contact the Media Relations team at media@chargepoint.com.
The organizations will identify public and private funding sources that may be available to support the expansion of EV charging at strategically determined locations, including Volkswagen Settlement Appendix D Funds and other dedicated resources available to NATSO members.
All charging stations are on ChargePoint networks and can be accessed through the ChargePoint App., which is available free at and in the Apple Store or Google Play. The ChargePoint App helps locate charging stations available nearby and sends notifications when your car is done charging. By creating a free ChargePoint account, you can find charging stations everywhere you go and start charging your EV right away!
But it's going to take more than government support to successfully expand EV infrastructure. There aren't enough EV drivers to make it a viable business yet, and building a network of chargers is far more complex than it sounds. It takes a mix of private-public partnerships that can involve local municipalities, businesses and utility companies as well as automakers and an emerging group of EV charging companies. It's not as simple as having a gas station at every corner.
AlixPartners estimates $300 billion will be needed to build out a global charging network to accommodate the expected growth of EVs by 2030, including $50 billion in the U.S. alone. Costs for EV chargers vary based on the \"level\" of charger. The higher the level, the quicker the charge and the more expensive it is to install.
While automakers like General Motors and Volkswagen are heavily investing in improving performance and lowering prices of EVs to catch up to Tesla, they're far less interested in building, owning and operating their own charging networks. The profit margins and amount of effort involved to maintain them just doesn't make sense. Tesla, an early leader in the industry, built its own charging network out of necessity and, in part, to help sell its cars.
Most automakers are partnering with third-party companies to provide charging stations. Their strategy, combined with enthusiasm from Wall Street for EVs, has driven investor demand for charging companies such as ChargePoint and EVgo. ChargePoint went public through a reverse merger with a special purpose acquisition company, or SPAC, in March. EVgo plans to do the same in the second quarter.
EVgo, which plans to go public in the second quarter through a $2.6 billion SPAC deal, owns and operates more than 800 charging locations in 67 major markets across 34 states. The company's business model is different than ChargePoint, which sells stations to businesses and other establishments and then charges them subscription fees to be a part of their network.
ChargePoint is Cowen's \"top pick\" for the recharging market, which the investment firm believes will be a total addressable market of about $27 billion by 2040. The company went public March 1 through a SPAC deal with Switchback Energy Acquisition Corp.
While largely new to public investors, Cowen believes \"the sector is poised for tremendous growth and value creation, underpinned by a large, strong unit economics, and recurring revenue,\" according to a report on EV charging earlier this month.
ChargePoint also offers an extensive public network of Level 2 and Level 3 (DC fast) chargers, including roaming partner stations, across North America. With a vast network of charging stations to choose from, bZ4X drivers can access more than 80% of charging spots in North America, providing them the opportunity to charge when, where and how they want. In utilizing ChargePoint public charging APIs, Toyota offers seamless access to bZ4X drivers with the convenience of being able to quickly find, use and pay for vehicle charging via the Toyota App.
ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds of thousands of places to charge in North America and Europe. To date, more than 110 million charging sessions have been delivered, with drivers plugging into the ChargePoint network every two seconds or less. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact the ChargePoint North American or European press offices or Investor Relations.
ChargePoint, an electric vehicle charging network, has struck a deal to merge with special-purpose acquisition company Switchback Energy Acquisition Corporation, with a market valuation of $2.4 billion. ChargePoint will continue to be led by President and CEO Pasquale Romano and the existing management team. The combined company will be named ChargePoint Holdings Inc. and will be listed on the New York Stock Exchange. The company expects the transaction will close by the end of the year.
ChargePoint designs, develops and manufactures hardware and accompanying software, as well as a cloud subscription platform, for electric vehicles. The company might be best-known for its branded public and semi-public charging spots that consumers use to charge their personal electric cars and SUVs, as well as its home chargers. However, ChargePoint also has a commercial-focused business that provides hardware and software to help fleet operators manage their delivery vans, buses and cars. In all, the company has more than 115,000 charging spots globally. ChargePoint also offers access to an additional 133,000 public places to charge through network roaming integrations across North America and Europe.
With currently over 30,000 public stations supporting Level 2 and DC Fast Charging, charging on the go is more convenient than ever. Just pull up, plug in, and charge up. And Toyota is working with ChargePoint and EVgo to help make tapping into their networks even easier.
There are three different all-electric vehicle charging levels.Level 1 is the basic charging solution. Primarily for home use, Level 1 charging cables plug directly into a standard wall outlet. They are usually included with the vehicle and are totally portable, so they can go where you and your vehicle go. This is the slowest option, however, with all-electric vehicles requiring days to reach a full charge. Because of this charging time, Level 1 is best used with plug-in hybrids.Level 2 is a more powerful AC charging solution that is commonly found both at home and at public charging stations. Level 2 chargers are ideal for charging all-electric vehicles overnight, but for home use, the equipment must be purchased and installed by a licensed electrician. 59ce067264
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