ChargePoint, a manufacturer and manager of electric vehicle charger networks is going to be massively expanding its EV charging network with the licensing of 9,800 GE charging stations.
ChargePoint will be adding over 1,800 commercial and 8,000 residential charging locations to its network, as part of the agreement with GE. For the time being, the stations will use the GE software so that the transition is seamless while also opening up the ChargePoint network to existing customers of GE charging stations.
New GE charging stations will be popping up in the ChargePoint app in the coming months as ChargePoint integrates their new stations into its network. ChargePoint will be using its proprietary OnRamp technology with the GE charging locations. OnRamp is intended to add a level of intelligence to non-ChargePoint stations when it comes to interacting with the ChargePoint app, thus making it easier for EV drivers to find and use these third-party charging stations.
ChargePoint seems excited about the acquisition, as it allows them to put GE’s decades of electrical engineering experience and intelligently designed energy products to use.
CEO and President of ChargePoint, Pasquale Romano , recently said of the acquisition:
“We are excited to expand our network with the acquisition of GE’s network and have worked closely with the GE team to ensure a seamless transition for customers and drivers. We are growing globally and are the best equipped to bring former GE customers and drivers into the ChargePoint family.”
ChargePoint has been aggressively pursuing expansion of its network over the past 12 months, with concerted effort to expand operations in North America and in Europe coming shortly after a recent $100 million investment into the European market.