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Stock impact report

ChargePoint Inks Pact With General Motors - Eyes Installing Ultra-fast Charging Ports At Key Locations [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
ChargePoint Holdings, Inc . (NYSE: CHPT ) shares are trading higher on Wednesday. ChargePoint and General Motors Company (NYSE: GM ) have announced a strategic partnership to accelerate the growth of electric vehicle infrastructure across the U.S. The two companies will work together to install hundreds of ultra-fast charging ports at key locations, aiming to improve access to chargers and reduce charging times for drivers. The collaboration aims to have these locations open and available to the public by the end of 2025. Rick Wilmer, CEO of ChargePoint, highlighted the significance of the partnership, emphasizing how GM's commitment to innovative EVs and accessible charging solutions will drive the transition to electric mobility. Also Read: US Stocks To Open Higher As Rate Cut Expectations Surge: All Eyes On Dow Jones To Break Its 9-Day Losing Streak ChargePoint will provide its advanced Omni Port system at many locations, which enables vehicles with both CCS and NACS cha Show less Read more
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