Mercedes-Benz Looks to Expand its Lineup of Electric Cars with ChargePoint Investment

By blogsadmin | Posted in Mercedes-Benz News, Technology on Saturday, April 8th, 2017 at 12:00 am
Daimler Investment in ChargePoint for Mercedes-Benz Electric Cars

Daimler Investment in ChargePoint for Mercedes-Benz Electric Cars

With the their first all-electric vehicle all the way back in 1906 and the more recent all-electric B-Class, Mercedes-Benz has already shown a commitment to producing electric cars. And with Daimler AG’s investment in American charging solutions provider ChargePoint, Mercedes-Benz looks to accelerate the expansion of its ecosystem of electric vehicles.  

The investment makes Daimler AG the lead investor in ChargePoint. This is right in line with the company’s “electric mobility offensive” from Mercedes-Benz, in which over $10 billion is planned for the expansion of its electric car lineup.

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Mercedes-Benz and Electric Services

Mercedes-Benz Turn Attention to Electric Mobility with ChargePoint Investment In addition to producing more electric cars, Mercedes-Benz looks to widen its electric mobility ecosystem with other products, services and innovations. The range extends from intelligent charging services for the home as well as tailor-made services right through to home energy storage units, which work for example in conjunction with photovoltaics installed on house rooftops.

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ChargePoint Stations in the United States

ChargePoint, which is the world’s leading provider in the sector for electric mobility charging solutions and is the market leader in North America, currently has more than 33,000 charging spots at more than 7,000 sites around North America. With the increasing electrification of the drive system, demand for the company’s innovative charging solutions is increasing steadily, setting it on a course of steady growth. Also, ChargePoint aims to expand internationally with the European market as the next target.

Daimler’s investment in ChargePoint enables both companies to better pursue the same goal — to promote the breakthrough of electric mobility through the targeted expansion of infrastructure and services.

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