The company, which operates a network of 40,000 electric charging stations, mainly inside the United States, raised $125 million This particular year in financing, led by German car maker Daimler as well as also industrial giant Siemens. the idea has raised nearly $300 million since its founding a decade ago.
Demand for electric cars depends on a network of charging points, which utilities, engineering groups, automakers as well as also start-ups are vying to provide as well as also control before the sector takes off.
They plan to work with ChargePoint to build a recharging network in Europe, where the idea will face competition via French utility Engie, which has acquired Dutch firm EV-Box, as well as also German electric utility Innogy. Both rivals are moving into ChargePoint’s home market inside the United States.
In May, ChargePoint announced its most significant network deal in Europe to date by signing a pact with InstaVolt to supply the idea with 0 ChargePoint rapid charge systems.
Before joining Uber, Burghardt spent seven years in business development, sales as well as also public policy executive roles in Europe as well as also the Middle East for U.S. solar-panel maker First Solar – a tough period of transition for the industry when European governments wound down incentives for solar producers.