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Stock impact report

GM and ChargePoint plan to install hundreds of fast EV chargers by the end of 2025 [Verge, The]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Verge, The
Share this story GM is partnering with ChargePoint to build out a new EV charging network under the GM Energy brand, the companies announced today GM plans to install up to 500 DC fast-charging ports at stations deployed in “strategic” places across the US, with some equipped with ChargePoint's Express Plus platform that supports charge speeds up to 500kW. GM and Chargepoint plan to open the stations “rapidly, with the locations deployed by the end of 2025.” ChargePoint will bring its Omni Port charging hardware for the project, which can connect with vehicles fitted with either CCS or Tesla's NACS ports so that owners generally would not need to carry an adapter. “With ultra-fast charging, Omni Port technology, and excellent customer experiences, this collaboration should be another reason why EV drivers and the EV-curious should be excited,” GM Energy VP Wade Sheffer said in a statement. This isn't GM Energy's only EV charger partnership. The automaker also has an ongoing Show less Read more
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