Chargers to feature class-leading charging speeds for current
and future EVs
Today, ChargePoint (NYSE: CHPT), a leading provider of networked
charging solutions for electric vehicles (EVs), and General Motors
(GM) today announced plans to further accelerate EV infrastructure
growth in the U.S. The companies are joining efforts to install
hundreds of ultra-fast charging ports at strategic locations across
the U.S., featuring the latest innovations in EV charging to
improve access to chargers and help drivers get back on the road
faster than ever. ChargePoint and GM intend for the locations to be
opened and available to the public before the end of 2025.
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ChargePoint and GM are joining efforts to
install hundreds of ultra-fast charging ports at strategic
locations across the U.S. (Photo: Business Wire)
“The transition to electric mobility continues to be driven by
leaders such as General Motors offering innovative EVs and
committing to make chargers as ubiquitous as possible,” said Rick
Wilmer, CEO of ChargePoint. “Our collaboration with GM represents a
significant investment in the infrastructure to enable fast and
easy charging for all. Together, ChargePoint and GM will deliver a
seamless fast charging experience via reliable charging hardware
managed by our industry leading software platform.”
Branded GM Energy, many applicable locations will be equipped
with ChargePoint’s revolutionary Omni Port system. Omni Port allows
vehicles with CCS or NACS charging ports to seamlessly charge at
any charger, without the need to carry an adapter or dedicate a
parking space to a particular connector type. Many of the charging
stations planned for the collaboration will feature ultra-fast
charging through ChargePoint’s Express Plus platform, which is
capable of charging speeds up to 500kW.
“Continuing to provide customers with better charging options
helps to remove barriers to EV adoption and improve the ownership
experience. Today, GM drivers have access to hundreds of thousands
of places to charge and we are proud that this collaboration with
ChargePoint adds even more reliable, accessible and convenient
charging experiences,” said Wade Sheffer, GM Energy vice president.
“With ultra-fast charging, Omni Port technology and excellent
customers experiences, this collaboration should be another reason
why EV drivers and the EV-curious should be excited.”
Through the collaboration, ChargePoint and GM are accelerating
the deployment of DC fast charging across the U.S. through an
incentive program designed to make it easier for third-party charge
point operators (CPOs) to own and operate EV charging
infrastructure. The companies aim to open these new charging
stations rapidly, with the locations deployed by the end of
2025.
For more information, please visit: www.chargepoint.com.
For more information about GM Energy, please visit:
www.gmenergy.gm.com.
ChargePoint and the ChargePoint logo are trademarks of
ChargePoint, Inc. in the United States and in jurisdictions
throughout the world. All other trademarks, trade names, or service
marks used or mentioned herein belong to their respective
owners.
Forward Looking Statement
This release includes forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995
relating to, among other things, the total number ports, types of
chargers, charger features and the timing of the deployment of
ChargePoint chargers under the collaboration with GM.
Forward-looking statements include statements regarding
ChargePoint’s expectations, beliefs, intentions or strategies
regarding the future, and can be identified by forward-looking
words such as “anticipate,” “believe,” “could,” “continue,”
“estimate,” “expect,” “intend,” “may,” “should,” “proposed,” “will”
and “would” or similar words. These forward-looking statements
involve risks, uncertainties, and assumptions, including risks
associated with the GM collaboration that may be associated with
delays related to identifying appropriate site locations,
construction, permitting, site development, and electrical
installation, as well as ongoing program participation by
ChargePoint partners, charging site hosts and GM. Additional risks
and uncertainties are included in the “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” sections in ChargePoint’s Form 10-Q filed
with the Securities and Exchange Commission (“SEC”) on December 6,
2024, which is available on ChargePoint’s website at
investors.chargepoint.com and on the SEC’s website at www.sec.gov.
Forward-looking statements are not guarantees of future performance
and actual results could differ materially from those expressed or
implied by the statements made herein. All forward-looking
statements in this press release are based on information available
as of the date hereof and ChargePoint assumes no obligation to
revise or update any forward-looking statements for any reason,
except as required by law.
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.
ABOUT GM
General Motors (NYSE:GM) is driving the future of
transportation, leveraging advanced technology to build safer,
smarter, and lower emission cars, trucks, and SUVs. GM’s Buick,
Cadillac, Chevrolet, and GMC brands offer a broad portfolio of
innovative gasoline-powered vehicles and the industry’s widest
range of EVs, as we move to an all-electric future. Learn more at
GM.com.
CHPT-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20241217511681/en/
ChargePoint John Paolo Canton Vice President,
Communications JP.Canton@chargepoint.com
AJ Gosselin Director, Corporate Communications
AJ.Gosselin@chargepoint.com media@chargepoint.com
General Motors Andrew Surma Senior Manager, Strategic
Technology Communications Andrew.Surma@gm.com
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