Company:ChargePoint

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Short description: American EV infrastructure company
ChargePoint Holdings, Inc.
TypePublic company
IndustryElectric vehicle infrastructure
Founded2007; 17 years ago (2007)
HeadquartersCampbell, California, U.S.
Key people
Rick Wilmer (CEO)
ProductsElectric vehicle chargers
RevenueIncrease US$468 million (2023)
Decrease US$−341 million (2023)
Decrease US$−345 million (2023)
Total assetsIncrease US$1.08 billion (2023)
Total equityDecrease US$355 million (2023)
Number of employees
1,650 (2023)
Website{{{1}}}
Footnotes / references
Financials (As of January 2023)[1]

ChargePoint (formerly Coulomb Technologies)[2] is an American electric vehicle infrastructure company based in Campbell, California.[3] ChargePoint operates the largest online network of independently owned EV charging stations operating in 14 countries[4] and makes some of its technology.[5]

History

A ChargePoint public charging station at the Hillsboro Civic Center in Hillsboro, Oregon.

ChargePoint was founded in 2007 as Coulomb Technologies by Richard Lowenthal, Dave Baxter and Harjinder Bhade.[6][7][5]

In June 2017, ChargePoint took over 9,800 electric vehicle charging spots from GE,[8] adding to its 34,900 existing charging stations across Mexico, Australia, Canada, and the United States.[9]

The CEO and president as of 2018 is Pasquale Romano.[5] On November 28, 2018, ChargePoint raised $240 million.[10] At the time, ChargePoint maintained 57,000 charging stations.[5] In 2019, VW's Electrify America and ChargePoint agreed to provide common access to their US customers.[11]

The company reached 100,000 chargers in September 2019, while adding more than 2,000 charging locations per month [12]

ChargePoint went public through a special-purpose acquisition company ("SPAC") reverse merger in February 2021.[13][14] In January 2023, ChargePoint, Mercedes-Benz, and MN8 Energy announced plans to add 2,500 fast chargers at 400 charging hubs in the U.S., which will be available to all EVs.[15][16]

Date Number of "spots"
June 2017 35,900 [17]
July 2018 47,000 [18]
September 2018 53,000 [19]
November 2018 57,000 [20]
January 2019 58,000 [21]
June 2019 65,000 [22]
September 2019 100,000 [12]
November 2019 103,700 [23]
September 2020 114,000 [23]
March 2022 174,000 [24]
January 2023 225,000[1]

Charging stations

The company "designs, develops and manufactures hardware and software solutions" for electric vehicles at large.[5] Its business model, according to the Silicon Valley Business Journal, involves selling "its hardware and software to property owners, build a searchable network of charging stations for drivers and maintain individual stations."[9]

ChargePoint CT4000 family intelligent dual port networked Electric Vehicle charging station with driver services, mobile and web apps.

ChargePoint Home – This small home charger won an Edison Award for new product innovation and human-centered design.[25] It is available in 16A and 32A versions. ChargePoint Home Flex added 50A charging support.

CT4000 Family – The CT4000 is intended for property owners, businesses and municipalities providing for charging stations for their employees, customers, residents and fleets. It was the first to support power sharing along multiple ports.[26]

CP4000 Family – Three phase Mennekes ("type 2") charging for Europe, up to 22 kW. Can share a single three phase 63A circuit or use two separate 32A circuits.

CPE 100 and CPE 200 – ChargePoint Express DC fast chargers offer fast charging for most DC-capable electric vehicles. With an embedded AC-to-DC converter, they directly charge the vehicle battery and can charge some EVs in less than 30 minutes. Express stations are particularly suitable for short dwell time parking, freeway corridor locations and quick turnaround fleet charging. They can also be installed in workplaces to complement CT4000 stations for employees who need a quick charge. Express 100 is 24 kW, Express 200 is 50 kW, and Express 250 is 62.5 kW. Express 100 is available in separate CCS and CHAdeMO models, while Express 200 is larger and has both ports.[27][28] Express 200 is a charging design licensed from Tritium.

CPF25 Family – The CPF25 is designed for select fleet and multi-family applications. For fleets, CPF25 stations are suited for depot charging. For multi-family communities, CPF25 stations are intended for personal charging in assigned parking spots.[29] CPF32 is a European Type 2 version (still limited to single phase 32A charging). The CPF50 added 50A charging support.

ChargePoint Express Plus Family – The liquid-cooled, modular 400 kW charging system called "Express Plus" was launched in January 2017 at CES in Las Vegas, Nevada, USA.[30]

Obsolete stations

CT1000 – NEMA 5-15 outlet behind a door, ChargePoint's first station. It is rare, with most having been upgraded to the CT2100.

CT1500 – 220 V 16 A outlets behind a door. Can be Schuko, BS 1363, or Australian outlets.

CT2000 – Single J1772.

CT2100 – J1772 and NEMA 5-20 charging on separate circuits.

CT2500 – Mennekes (IEC 62196) charging (single phase).

CT2020 family – Dual J1772 on separate circuits (no power sharing support).

CT500 – Small home charger (J1772), replaced by ChargePoint Home.

CT3000 – 50 kW CHAdeMO fast charging

Gallery

  • Santa Monica Pier, California

  • Hillsboro, Oregon

  • San Francisco

  • ChargePoint charging station in California

  • Tesla Model S being Charged at a ChargePoint station.

  • Nissan Leaf charging

  • Ford Focus being charged on a roadside ChargePoint station.

  • Chevrolet Volt being charged at a ChargePoint station.

See also

References

  1. ↑ 1.0 1.1 "ChargePoint Holdings, Inc. Fiscal 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. April 3, 2023. https://www.sec.gov/ix?doc=/Archives/edgar/data/1777393/000177739323000008/chpt-20230131.htm. 
  2. ↑ "Coulomb Technologies announces new smart-charging infrastructure for plug vehicles". ChargePoint. http://www.chargepoint.com/about/news/coulomb-technologies-announces-new-smart-charging-infrastructure-plug-vehicles/. 
  3. ↑ "Contact Information". ChargePoint. https://www.chargepoint.com/about/contact/. 
  4. ↑ "The Essential Guide to EV Charging Networks in North America". https://www.plugshare.com/EV-Charging-Networks-North-America.html#chargepoint. 
  5. ↑ 5.0 5.1 5.2 5.3 5.4 Kirsten Korosec (November 28, 2018). "ChargePoint raises $240 million to serve an anticipated flood of electric vehicles". TechCrunch. https://techcrunch.com/2018/11/28/chargepoint-raises-240-million-to-serve-an-anticipated-flood-of-electric-vehicles/. 
  6. ↑ "2014 CNBC's Disruptor 50". June 17, 2014. https://www.cnbc.com/2014/06/17/disruptors-in-2014-chargepoint.html. 
  7. ↑ Squatriglia, Chuck (June 2, 2018). "Startup Promises Free Chargers to EV Buyers". Wired. https://www.wired.com/2010/06/coulomb-technologies-free-chargers/. 
  8. ↑ Paul Sawers (June 27, 2017). "ChargePoint takes over GE's 9,800 electric vehicle charging spots". VentureBeat. https://venturebeat.com/2017/06/27/chargepoint-takes-over-ges-electric-vehicle-charging-network/. 
  9. ↑ 9.0 9.1 Luke Stangel (June 27, 2017). "ChargePoint picks up 10,000 new electric car charging stations from GE". Silicon Valley Business Journal. https://www.bizjournals.com/sanjose/news/2017/06/27/chargepoint-buys-electric-car-charging-stations-ge.html. 
  10. ↑ Cromwell Schubarth (November 28, 2018). "ChargePoint plugs in $240M in what could be last funding before IPO". Silicon Valley Business Journal. https://www.bizjournals.com/sanjose/news/2018/11/28/chargepoint-funding-valuation-ipo.html. 
  11. ↑ "Electrify America & ChargePoint Enter Into Roaming Agreement". June 12, 2019. https://cleantechnica.com/2019/06/11/electrify-america-chargepoint-enter-into-roaming-agreement/. 
  12. ↑ 12.0 12.1 "ChargePoint Celebrates 100,000 Places to Charge". https://www.chargepoint.com/about/news/chargepoint-celebrates-100000-places-charge/. 
  13. ↑ "EV charging network ChargePoint to go public via SPAC" (in en-US). September 24, 2020. https://social.techcrunch.com/2020/09/24/ev-charging-network-chargepoint-to-go-public-via-spac/. 
  14. ↑ "Form 8-K Current Report". January 11, 2021. https://www.sec.gov/Archives/edgar/data/1777393/000121390021001313/ea132966-8k_switchback.htm. 
  15. ↑ Doll, Scooter (2023-01-05). "ChargePoint and Mercedes-Benz team up to bring hundreds of fast charging hubs to EV drivers" (in en-US). https://electrek.co/2023/01/05/chargepoint-and-mercedes-benz-team-up-to-bring-hundreds-of-fast-charging-hubs-to-ev-drivers/. 
  16. ↑ Hawkins, Andrew J. (2023-01-05). "Mercedes-Benz and ChargePoint are going to install thousands of EV fast chargers in the US" (in en-US). https://www.theverge.com/2023/1/5/23538898/mercedes-benz-chargepoint-ev-charging-stations-build. 
  17. ↑ "ChargePoint Takes over Management of GE's Electric Vehicle Charging Network". https://www.chargepoint.com/about/news/chargepoint-takes-over-management-ges-electric-vehicle-charging-network/. 
  18. ↑ "PlugShare – EV Charging Station Map – Find a place to charge". https://www.plugincars.com/ultimate-guide-electric-car-charging-networks-126530.html. 
  19. ↑ "ChargePoint Plans to Install 2.5 Million EV Chargers in Next 7 Years". September 17, 2018. https://cleantechnica.com/2018/09/17/chargepoint-plans-to-install-2-5-million-ev-chargers-in-next-7-years/. 
  20. ↑ "ChargePoint raises $240 million to serve an anticipated flood of electric vehicles". November 28, 2018. https://techcrunch.com/2018/11/28/chargepoint-raises-240-million-to-serve-an-anticipated-flood-of-electric-vehicles/. 
  21. ↑ "General Motors to collaborate with EVgo, ChargePoint and Greenlots to enhance the charging experience for customers". January 9, 2019. https://media.gm.com/media/us/en/gm/home.detail.html/content/Pages/news/us/en/2019/jan/0109-charging.html. 
  22. ↑ "ChargePoint, Electrify America Collaborate on Agreement to Expand Public EV Charging Access". https://www.chargepoint.com/about/news/chargepoint-electrify-america-collaborate-agreement-expand-public-ev-charging-access/. 
  23. ↑ 23.0 23.1 https://www.chargepoint.com/files/ChargePointFacts.pdf [bare URL PDF]
  24. ↑ https://s22.q4cdn.com/779683160/files/doc_presentation/2022/03/ChargePoint-Investor-Presentation_March-2022_Posted-updated.pdf [bare URL PDF]
  25. ↑ "ChargePoint Home". chargepoint.com. http://www.chargepoint.com/home/. 
  26. ↑ "ChargePoint CT4000 Family". chargepoint.com. https://www.chargepoint.com/products/commercial/ct4000/. 
  27. ↑ "Express 100". chargepoint.com. http://www.chargepoint.com/products/commercial/cpe100/. 
  28. ↑ "Express 200". http://www.chargepoint.com/products/commercial/cpe200/. 
  29. ↑ "ChargePoint CPF25 Family". chargepoint.com. http://www.chargepoint.com/products/commercial/cpf25/. 
  30. ↑ "ChargePoint Enables the Future of Mobility with Express Plus Electric Vehicle Charging Platform". Chargepoint. January 5, 2017. http://www.chargepoint.com/about/news/chargepoint-enables-future-mobility-express-plus-electric-vehicle-charging-platform. Retrieved January 5, 2017. 

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