ChargePoint (CHPT) Powers Up Fleet and Home Charging with New $699 Commercial Charger and Streamlined Installation

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced the launch of a low-cost commercial vehicle charger, the CPF50, priced at $699. This entry-level solution is designed to make fleet electrification more accessible for small businesses and larger fleets alike. Paired with ChargePoint’s fleet management software, it provides real-time data on vehicle readiness, power usage and station status, helping businesses optimize costs and reduce emissions.

Rick Wilmer, CEO of ChargePoint commented, “ChargePoint has always been committed to making it easy for everyone to go electric, whether they be a driver, a business, or a fleet. With our lowest cost charger for commercial vehicles we have a solution that makes charging more accessible for small businesses who want to electrify their fleet, or for large fleets that are focused on reducing total cost of ownership. We’re making the hardware more affordable, and when combined with our powerful fleet software platform, the offering can meet the charging needs of fleets of all sizes to optimize their savings.”

ChargePoint Simplifies Residential Charging with New Home Installation Program

ChargePoint has also launched a new service for residential users, giving drivers who purchase the ChargePoint Home Flex charger in the U.S. an affordable, streamlined charging option. By offering an instant installation quote and scheduling process, ChargePoint removes the hassle of finding an electrician. The Home Flex charger, which can be installed indoors or outdoors, integrates with smart home systems and connects users to ChargePoint’s extensive global network of charging locations, making it easier than ever for drivers to manage their EV charging at home.

About ChargePoint Holdings, Inc.

ChargePoint has been an innovator of all things EV charging since 2007, before the first mass market electric vehicle was on the road. ChargePoint offers solutions for the entire EV ecosystem including drivers, charging station owners, vehicle manufacturers and others. Accessible and reliable, ChargePoint’s portfolio of software, hardware, and services enables a seamless experience for drivers across North America and Europe. With ChargePoint, every driver who needs to charge can do so, accessing more than 1 million places to charge globally. ChargePoint has powered more than 10 billion electric miles and will continue to innovate as part of a mission to lower global emissions while improving the future of transportation.