ChargePoint Secures Additional $127 Million in Funding

by Aug 5, 2020

ChargePoint is the one of leading charge point operators in the world with more than 108,000 charging points in their network. The $127 million raised through equity financing will be used to install more chargers for fleet operators, businesses and public. The investment will primarily be used to expand the network in North America and Europe. This move will take us one step closer to a fossil fuel free world as fleet operators (Buses and Trucks) contribute almost half of the carbon dioxide emissions of the transport sector. The increase in fleet charging infrastructure will positively affect the growth of electric COHV. Link to the news: