CHARGEPOINT INC.

Company Overview

ChargePoint Inc. is a hardware, software and service provider for electric vehicle charging infrastructure. The company’s hardware products include commercial and residential chargers. The software product portfolio includes ChargePoint ECO, a cloud-based charging optimizing platform. The service offerings include initial site setup, activation, configuration, support and maintenance. The company also provides a charging network as a service.

Formerly known as Coulomb Technologies Inc., the company was renamed ChargePoint Inc. in December 2012. Founded in 2007 and based in Campbell, Calif., it has charging stations throughout North America, Europe, the Asia-Pacific region and Australia. The company has more than 55,000 connected global charging spots, and it is planning to reach 2.5 million by 2025.

The company’s partners include car makers (e.g., BMW, Cadillac, Chevrolet, Daimler, Energica, Fiat, Hyundai, Nissan, Mercedes-Benz, smart USA, Toyota, Volkswagen), in-vehicle and handheld navigation systems (e.g., BMW, Fiat, Nissan, Airbiquity, SiriusXM, TomTom, MapQuest) and EVSE suppliers with ChargePoint stations (e.g., BMW I DC Fast Charger, Efacec, Fuji Electric, Leviton, Nissan, Schneider Electric). Its customers include major technology companies, retail and hospitality companies, municipalities, governments, utilities, and regional and national parking service providers.

Financial Highlights (FY 2024)

Company's Business Segments

• Networked Charging Systems : Deliveries of EV Charging System Infrastructure, AC Products, DC or Fast-Charge Products, Others
• Subscriptions : Services Related to The Cloud, Extended Maintenance Service Plans under Assure, CPaaS Revenue, Others
• Other : Net transaction fees earned for processing payments collected on driver charging sessions at charging sites owned by its customers, Other Professional Services