(uskings.us) ChargePoint is the nation’s largest charging network with more than 68,000 charging spots, with 1,500 of them being Level 3 DC Fast Charging units.

ChargePoint (formerly Coulomb Technologies) is an American electric vehicle infrastructure company based in Campbell, California. ChargePoint was founded in 2007. ChargePoint expects to use transaction proceeds to expand its reach in North America and Europe, further enhance its technology portfolio and significantly scale its commercial, fleet and residential businesses ahead of the anticipated introduction of an increasing number of new EV models and rising EV penetration.

In June 2017, ChargePoint took over 9,800 electric vehicle charging spots from GE. Prior to that point, ChargePoint managed 34,900 charging stations across Mexico, Australia, Canada, and the United States. Company reached 100,000 chargers in September 2019, while adding more than 2,000 charging locations per month.

It operates in every segment, from commercial to fleet to residential. ChargePoint has created one of the world’s largest charging networks with a capital-light model by selling individual organizations and businesses, known as site hosts, everything they need to electrify their parking spaces – networked charging hardware, software subscriptions and associated support services. Charging is matched to parking duration, from energy-managed AC level 2 to DC fast charging.

The parking spaces owned by ChargePoint’s site hosts are seamlessly integrated into one network available to the driver in a top-rated mobile app. ChargePoint’s winning operating model and high-quality solutions foster loyal site hosts who expand their charging footprint as EV penetration rises, creating a virtuous loop of brand awareness, satisfied drivers, organic networked charging hardware and recurring SaaS revenue.

ChargePoint serves customers through its software-defined hardware portfolio, comprehensive suite of software solutions and robust network and services designed for a wide range of use cases. ChargePoint’s offerings have attracted a growing customer base of more than 4,000 organizations and businesses, building a network of more than 115,000 public and private places to charge.

ChargePoint also offers access to an additional 133,000 public places to charge through network roaming integrations across North America and Europe. Drivers plug into the ChargePoint network approximately every two seconds and have completed more than 82 million charging sessions to date.

According to en.wikipedia and globenewswire.com. Source of photos: internet