Financial News

ChargePoint Releases an Enhanced Integrated Charging Experience for Fleets En-Route and At Home

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), announced today enhancements to its software offering which enables electric and mixed fuel fleets to find, use, and pay for charging from a single application, including seamless driver reimbursement when they charge their company EV at home.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240424616303/en/

ChargePoint releases enhancements to its software offering which enable electric and mixed fuel fleets to find, use, and pay for charging from a single application. (Photo: Business Wire)

ChargePoint releases enhancements to its software offering which enable electric and mixed fuel fleets to find, use, and pay for charging from a single application. (Photo: Business Wire)

“We continue to bring to market new, innovative solutions that enable a frictionless charging experience for EV drivers and fleet operators alike,” said Rich Mohr, SVP, Americas at ChargePoint. “We are committed to enabling an unmatched driver experience with solutions such as home charging reimbursement, while also giving our customers optimal fleet management tools to minimize total cost of ownership.”

Derived from the successful line of in-dash software solutions ChargePoint supplies to more than a dozen automotive manufacturers, the software is available to fleet operators in app format. Critically for larger fleet management companies, the option to integrate the technology into their existing branded fleet offering via ChargePoint’s open API is available.

To maximize the benefits of the enhanced software, organizations that manage take-home fleets can purchase ChargePoint’s Home Flex residential charging station for their drivers, enabling reimbursement for home charging. With this integration, company EV drivers can conveniently charge at home, eliminating the time and labor costs of stopping during the workday to fuel, and simultaneously reduce costs thanks to lower residential electricity rates. When a driver needs to charge on the road, the software enables access to more than 900,000 global charging locations1. An early partner integrating this ChargePoint technology within their own offering is fuel card provider WEX.

The software includes a comprehensive portfolio of solutions which enable fleet operators to gain enhanced insight and metrics into driver performance, including preferred pricing, proactive monitoring, and reporting. Comprehensive reports on charging activity, energy usage and costs help fleet operators identify opportunities for efficiency based on when and where their drivers charge.

About ChargePoint Holdings, Inc.

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. 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.

CHPT-IR

1 The ChargePoint network features more than 286,000 active ports under management, including more than 100,000 in Europe. Additionally, ChargePoint enables access to more than 631,000 roaming ports, of which more than 500,000 are in Europe.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback