ChargePoint raises $240 million to expand charging-station network

2014 BMW i3 REx fast-charging at Chargepoint site, June 2016 [photo: Tom Moloughney]
ChargePoint, the largest network of electric car charging stations, announced last Wednesday that it has raised $240 million to become even bigger.

The investment comes at a pivotal moment after ChargePoint CEO Pasquale Romano in September announced an ambitious goal to build enough chargers to juice up 2.5 million electric cars worldwide.

The latest investment, along with that goal, should help keep ChargePoint competitive with other rapidly growing charging networks in the U.S. and Europe.

DON'T MISS: ChargePoint commits to build charging stations for 2.5 million cars by 2025

Although ChargePoint is the largest and one of the oldest electric-car charging networks, the competition is coming on strong. Under a court mandate to settle charges over diesel emissions cheating, Volkswagen is setting up the Electrify America network to rival Tesla's Superchargers across the U.S. It is building Phase One of its planned rollout with 484 public charging locations consisting of 2,000 chargers, most of them DC fast chargers, and is planning the rollout of Phase 2, starting next year.

In Europe, ChargePoint's next big market, major automakers BMW, Daimler, Ford, and the Volkswagen Group have banded together to build the Ionity network of fast chargers around the continent.

READ MORE: ChargePoint users can now access networks in Canada, Europe

Other long-time competitors such as EVgo are also expanding, and Tesla CEO Elon Musk announced this month that the company will double the size of its Supercharger network next year.

ChargePoint's latest investment—it's seventh round for anyone counting—comes from electric utility American Electric Power, Chevron, Daimler trucks and buses, BMW, and Siemens and energy investment fund Quantum Energy (the lead investor).

CHECK OUT: Musk announces more and faster Tesla Superchargers on the way

One of ChargePoint's strategies is to focus on building high powered charge points for trucks and buses, including municipal bus fleets, a market where there isn't as much competition.

At the same time, the company plans to continue to build more chargers for cars if it intends to keep the commitment it made at California Governor Jerry Brown's Global Climate Action Summit in September.

“We are at a tipping point in the generational shift to transportation electrification,” says ChargePoint President and CEO Pasquale Romano. “Leading investors from automotive, utilities, oil and gas, and financial institutions are coming together to support ChargePoint’s vision of an all-electric future as the mass adoption of electric mobility and the transition to electric fleets accelerate.”

article vide

Home

About us

The Group

Financials Informations

From 1894 up to now

Contacts

Strategy

Chairman of the board

Company Philosophy

Quality

Environment

Activities

Customers and Products

Advanced Technology

News

MONTUPET is proud of FORD and BMW-PSA successes

MONTUPET presence in India

Montupet UK Limited

Signature of two major contracts with Daimler

Locations

Headquarters

France, Laigneville

France, Châteauroux

Spain, Zaragoza

Bulgaria, Ruse

Mexico, Torreon

Northern Ireland, Belfast

Your career

article vide

MONTUPET
202, quai de Clichy
BP77 – 92112 Clichy cedex France
Telephone:+33 (0)1 47 56 47 56
Fax: +33 (0)1 47 39 77 93

News

MONTUPET is proud of FORD and BMW-PSA successes

MONTUPET presence in India

Signature of two major contracts with Daimler

The Mercedes-Benz GLE campaign: The new GLE: “Every journey makes you stronger”

03.

December 2018

Stuttgart

“In the long run” can be watched on YouTube at: http://mb4.me/GLE-TVC-Story
Stuttgart. The market launch of the new Mercedes-Benz GLE is accompanied by an international communications campaign. At the heart of the campaign is the nearly five-minute film “In the long run”. It shows a modern family story about a strong woman and mother who is training hard for her dream: taking part in her first ever triathlon. With support from her husband she fights to the limit of her physical and mental capabilities and finally manages to participate in the race. But despite all this success there is an event from her past which is always with her like a dark shadow. The film reveals what this is. The Olympic triathlon champion and two-time winner of Ironman Hawaii, Mercedes-Benz Brand Ambassador Jan Frodeno, has a guest appearance.
From 3 December 2018 “In the long run” will be available on YouTube. The talented Swedish film maker Niclas Larsson directed the film, and Oscar winner Linus Sandgren was behind the camera. Filming took place in Austria. The title track “Cold Little Heart” was composed by the British soul singer Michael Kiwanuka and is taken from his album “Love & Hate”. In addition to the long version, 30-seconders are also being used on TV as ads. Different cut variants can also be seen on social media.
“The GLE campaign is going live on air today, on the “ International Day of People with Disabilities”. In a short film Mercedes-Benz tells an authentic and emotional story depicting various aspects of strength. Far removed from a typical SUV ad, we are showcasing the GLE as a modern family car and strong companion in all circumstances”, says Natanael Sijanta, Head of Marketing Communication Mercedes-Benz Cars. “As a responsible, approachable brand we are using the GLE campaign to present our new premium SUV with all its’ strengths – and at the same time we want to send out a powerful message on inclusion in everyday life.”
The campaign: the GLE campaign is the first element in the new overarching communication strategy for the Mercedes-Benz SUVs. With the claim “All kind of strength” it focusses on human characteristics which match the respective SUV model. A new element of the campaign is also the cross-media approach. The visual worlds produced unfold their charm in all formats and serve the markets' specific requirements.
Further features of the campaign: the campaign is complemented by a web special and a series of print motifs. The webspecial at: http://mb4.me/gle-special encompasses a campaign page which puts the spotlight on the cinematic imagery of the new GLE.
The print motifs show the GLE on a road trip in realistic situations. The focus is on various features and their authentic use. The motifs were photographed by Uwe Düttmann. The award-winning photographer has been working for Mercedes-Benz for years and has also accompanied among others national and international productions like Stern, Rolling Stone, Vogue and Elle magazine.
Credits: the idea and concept for and implementation of the campaign were devised by antoni garage, the European creative lead agency for Mercedes-Benz.
The new GLE: The new Mercedes-Benz GLE is not only exceptionally dynamic and more comfortable on the road, it is also more competent off the beaten track than ever before. Its exterior design exudes strength and charisma and at the same time sets a new aerodynamic best in its segment with a cd value from 0.29. The interior is even more spacious, the second row of seats is electrically adjustable as an option and a third seat row is available on request. The GLE impresses with innovations such as E-ACTIVE BODY CONTROL. The fully networked hydropneumatic active suspension on a 48 V basis is available for the first time in combination with the air suspension, also newly developed. The new driver assistance systems further increase the level of active safety. The infotainment system has larger screens, and optionally comes with a full-colour head-up display with a resolution of 720 x 240 pixels and the MBUX interior assistant, which can recognise hand and arm movements and supports the driver's and front passenger's operating intentions.
The GLE is also more capable off-road than ever: available for the first time for models with six and eight-cylinder engines and the plug-in hybrid, fully variable all-wheel drive (Torque on Demand, TonD) controls the torque distribution between the front and rear axle from 0‑100 % depending on the selected driving mode. The new Mercedes-Benz GLE will be launched with two engine line-ups and will be delivered to customers from the beginning of 2019. You can find more information under: http://mb4.me/the-new-gle-product.
Diversity and inclusion at Daimler and Mercedes-Benz
The company very consciously values the differences in employees and uses their variety of experiences, perspectives and expertise. People with restrictions are an important part of the teams and firmly integrated into the staff membership. Every employee has special skills which she/he uses successfully in the company. In total there are currently more than 9,800 severely handicapped employees at Daimler in Germany.

Press Contact

Michael Allner

Manager Communications S-Class, SL, SLC, Guard & Maybach

michael.allner@daimler.com

Tel: +49 711 17-75846

Fax: +49 711 17-98646

Ina Schultz

Lifestyle and Brand Communications

ina.schultz@daimler.com

Tel: +49 711 17-76876

Fax: +49 711 17790-62116

Artur Demirci

Manager Lifestyle-, Brand- and Social Media Communications

artur.demirci@daimler.com

Tel: +49 (0) 711 17-77368

Fax: –

Press Contact Overview

Media

Download

Pictures (18)

Documents (1)

Media Contact (3)

Filter

Show thumbnails
Show list
Slideshow

Zoom

Preview

Details

Do you really want to delete the data record?

Please wait a moment …

Please wait a moment …

Please wait a moment …

Please wait a moment …

18C1049_001

18C1049_003

18C1049_002

18C1049_004

18C1049_005

18C1049_006

18C1049_007

18C1049_009

18C1049_010

18C1049_011

18C1049_012

18C1049_013

18C1049_014

18C1049_015

18C1049_017

18C1049_019

18C1049_021

18C1049_022

Loading

Robot couriers scoop up early-stage cash

Joanna Glasner Contributor More posts by this contributor Getting personal: Funding rises for software-driven tastemakers The alumni of these universities raised the most VC in the past year Much of the last couple of decades of innovation has centered around finding ways to get what we want without leaving the sofa. So far, online ordering… Continue reading Robot couriers scoop up early-stage cash

Top Automotive Industry News for Week of October 15 – October 21, 2018

Here is the most important news associated with the automotive industry
identified by the AEA for the week October 15, 2018 – October 21, 2018.

We hope it helps you stay up to speed on the key developments in our
industry:

-AEA Membership News-

AEA Reception is tonight in Las Vegas. See you there!

-Automotive Manufacturing News-

Audi slapped with a $930 million fine by German prosecutor for its
diesel cheating scandal

(CNBC)

Daimler Cuts Earnings Estimates as Outlook Gets Tougher

(The Detroit Bureau)

Ford's new 'Proud' ad campaign features Bryan Cranston from
'Breaking Bad

(USA Today)

Ford and Volkswagen flirting with relationship possibilities and
joint projects

(USA Today)

Ford boosts production of its $400,000 GT supercar as demand
outpaces supply six-to-one

(CNBC)

Ford seeks to allay dealers’ worries with ‘comeback story’

(The Detroit News)

Frustrated GM investors ask what more CEO Barra can do

(Reuters)

GM Offers Extended Warranties As Reliability Ratings Improve And
Scammers Surge

(Forbes)

Hyundai's Nexo Stands Out As The First Truly Complete Fuel Cell
Electric Vehicle

(Forbes)

Judge approves Elon Musk settlement with SEC

(The Detroit News)

New Chips Improve Tesla Autopilot “500% to 2000%,” Musk Says

(The Detroit Bureau)

Porsche denies speculation that it's planning to go public

(CNBC)

Tesla buys new plot for China factory for $140 million

(CNBC)

Tesla, GM in line for EV boost under U.S. Senate bill

(Automotive News)

VW's Porsche expects to repeat record vehicle sales this year

(Reuters)

-Automotive Evolution News-

Clutch Looks To Increase the Number of OEMs, Dealers on Its
Subscription Platform by Year’s End

(Auto Finance News)

Future of electric-car tax credit up in the air

(The Detroit News)

Google’s Waze expands carpooling tool throughout U.S.

(The Detroit News)

How car subscription app Fair wants to disrupt the market for car loans
using subscriptions

(CNBC)

Kids' Ride Service Race Heats Up As Zūm Expands To Take On Kango,
HopSkipDrive

(Forbes)

Not everyone is ready to ride as autonomous vehicles take to the
road in ever-increasing numbers

(CNBC)

The Computer Chauffeur Is Creeping Closer

(The New York Times)

Waymo details how emergency services should deal with self-driving
incidents

(autoblog)

-Automotive Retail News-

Assurant Launches Mechanic 2.0

(Auto Dealer Monthly)

Best budget-friendly small cars include Kia, Honda, Hyundai and
Mazda sedans

(USA Today)

Black Book Valuation Data Now Integrated With CDK’s Lightspeed EVO

(Auto Dealer Monthly)

CarMax pinpoints where its sales of manual transmissions are
rarest, most common

(Auto Remarketing)

Change Is Coming to Automobile Dealerships

(Forbes)

Equifax: Vehicle Sales Down, Borrowing Up

(Auto Dealer Monthly)

GM Rolls Out Optional Extended Warranty

(Auto Dealer Monthly)

-Automotive Wholesale News-

5 trends surface as wholesale-price softening accelerates

(Auto Remarketing)

Weekly Vehicle Values Fall Precipitously

(Vehicle Remarketing)

-Automotive Enthusiast News-

These Are the Most Valuable Cars Jerry Seinfeld Has Featured on
Comedians in Cars Getting Coffee

(Car and Driver)

-Automotive Servicing News-

Goodyear offers replacement tires at consumers' homes

(Automotive News)

Safety administration investigates Ford pickup tailgates opening
unexpectedly

(Detroit Free Press)

-General Business & Executive News-

Auto Classified Industry Veterans Skip Dowd and Ernie Blood Launch
MautoSearch

(Medium)

Car-shopping company Shift seeks to follow Carvana with 2020 IPO

(Automotive News)

Cox to shed staff as it restructures

(Automotive News)

Dealer Inspire Expands in Canada Offering New Digital Marketing Options
for Automotive Dealers

(Cars.com)

Google Adds EV Charging Stations to Google Maps

(Cars.com)

Report: Uber, Lyft each looking to go public in 2019 as rivalry
heads to Wall Street

(USA

Today)

Walmart to team with Advance Auto Parts for online store, lowers FY
2019 earnings forecast

(USA Today)

U.S. retail sales increase modestly; consumer spending strong

(Reuters)

-AEA Reminder-

Did we miss something? Let us know via our

Contact Us Page >>

. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your

PR Distribution Request >>

Have a great week,

Member Services

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com

ChargePoint CEO On Tesla Superchargers & The Future Of EV Charging

CHARGEPOINT CEO TALKS ABOUT TESLA SUPERCHARGERS AND THE FUTURE OF EV CHARGING [VIDEO] ChargePoint is one of the world’s largest EV charging networks, with over 57,000 public chargers in several countries. The company’s CEO, Pasquale Romano, has been involved with public charging since the days when only a handful of people knew such a thing… Continue reading ChargePoint CEO On Tesla Superchargers & The Future Of EV Charging

Top Automotive Industry News for Week of October 22 – October 28, 2018

Here is the most important news associated with the automotive industry
identified by the AEA for the week October 22, 2018 – October 28, 2018.

We hope it helps you stay up to speed on the key developments in our
industry:

-Automotive Manufacturing News-

Consumer Reports: Tesla's reliability tumbles to near the bottom in
latest survey

(USA Today)

Dyson vacuum cleaner company to build electric vehicle factory in
Singapore

(USA Today)

Eight Essential Questions For GM’s Mary Barra

(Forbes)

Feds defend voluntary robot car regulations

(The Detroit News)

Fiat Chrysler's Manley makes mark with $7B deal to sell Magneti Marelli

(Detroit Free Press)

Ford CEO says restructuring is 'a massive undertaking' that must be
'very thoughtfully orchestrated'

(CNBC)

Ford hires new China chief to tackle daunting turnaround task

(Reuters)

Ford seeks to allay dealers’ worries with ‘comeback story

(The Detroit News)

Ford shares jump after strong truck sales help third-quarter results
beat expectations

(CNBC)

Ford talks with VW to help reverse losses overseas

(The Detroit News)

GM Calls For National Electric Vehicle Policy, Says EVs Should Be 25%
Of All New Cars By 2030

(Forbes)

GM earnings: No. 1 U.S. auto maker needs to show it has a strategy to
boost ailing share price

(MarketWatch)

Here Are The Most- And Least-Reliable Rides On The Road For 2019

(Forbes)

Hyundai Motor posts big profit miss on U.S. recalls; shares dive

(Reuters)

Losing Money, Ford Shakes Up Struggling Chinese Operations, Appoints
New CEO

(The Detroit Bureau)

Report: FBI conducting criminal investigation into Tesla

(The Detroit News)

Smart brand might be doomed

(autoblog)

Tesla's Elon Musk made four big assertions — with asterisks

(LA Times)

Tesla Makes Good On Elon Musk’s Promise As Model 3 Drives $312 Million
Profit

(CNBC)

Tesla says has not received subpoena on Model 3 production

(Reuters)

The giant trucks Chevy, Ford, Ram really want to sell

(Detroit Free Press)

Which new technologies make vehicles unreliable?

(Detroit Free Press)

-Automotive Evolution News-

18 Automotive Startups and Their Chances of Survival

(Car and Driver)

Apple Files Patent Linked to AV Driving

(The Detroit Bureau)

Driverless Cars May Increase Cases Of Motion Sickness

(Forbes)

How Jaguar Land Rover Is Getting Ready For The 4th Industrial
Revolution: AI and Autonomous Cars

(Forbes)

GM’s multibillion-dollar driverless car gamble hits some bumps

(autoblog)

Tesla 'obviously' plans to take on Uber and Lyft, says CEO Elon Musk

(CNBC)

Waymo is testing what it should charge for its robotaxi service

(TechCrunch)

-Automotive Retail News-

Auto classified industry veterans roll out new dealer advertising
platform

(Auto Remarketing)

DAS Releases Dealer Social Media Study

(Auto Dealer Monthly)

Edmunds: Used-car sales this month look a lot like September's

(Auto Remarketing)

New Vehicle Sales Expected to Cool in October

(The Detroit Bureau)

Survey: Many Dealers Unaware of NCFC Tax Concerns

(Auto Dealer Monthly)

-Automotive Wholesale News-

Typical October wholesale price movements take hold

(Auto Remarketing)

Used Values Returning to Normal Levels

(Vehicle Remarketing)

-Automotive Enthusiast News-

30 fun and useful car gifts auto enthusiasts will love — according to a
car collector

(Business Insider)

-Automotive Servicing News-

AAA: Enhanced Safety Enhances Repair Costs

(Auto Dealer Monthly)

BMW expands recall to 1.6 million vehicles worldwide over fire risk

(USA Today)

Ford recalls 1.5 million Ford Focus cars that could stall with fuel
tank problem

(USA Today)

Mitsubishi, Dealer-FX launch digital service platform for dealers

(Auto Remarketing)

-General Business & Executive News-

Cox: Mobility Will Reduce Dealership Count

(Auto Dealer Monthly)

Rate hikes are already squeezing these businesses

(CNN)

TIME And Ally Financial Honor Auto Dealers

(PR Newswire)

-AEA Reminder-

Did we miss something? Let us know via our

Contact Us Page >>

. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your

PR Distribution Request >>

Have a great week,

Member Services

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com

Bulgaria, Ruse

Home

About us

The Group

Financials Informations

From 1894 up to now

Contacts

Strategy

Chairman of the board

Company Philosophy

Quality

Environment

Activities

Customers and Products

Advanced Technology

News

MONTUPET is proud of FORD and BMW-PSA successes

MONTUPET presence in India

Montupet UK Limited

Signature of two major contracts with Daimler

Locations

Headquarters

France, Laigneville

France, Châteauroux

Spain, Zaragoza

Bulgaria, Ruse

Mexico, Torreon

Northern Ireland, Belfast

Your career

Headquarters

France, Laigneville

France, Châteauroux

Spain, Zaragoza

Bulgaria, Ruse

Mexico, Torreon

Northern Ireland, Belfast

Bulgaria, Ruse

Montupet EOOD
Industrial Park, East Industrial Zone
7000 Ruse
BULGARIA

Contact:
Rayna Krapchanska
Manager HR
r.krapchanska@montupet.bg
www.montupet.bg
Tél : +359 (0)82 884 800
Fax : +359 (0)82 844 395

See MONTUPET Ruse on a larger map

Number of employees
842

Customers
Audi, BMW, Renault, Ford, VOLVO

Products
Cylinder Heads, Chassis Parts

MONTUPET
202, quai de Clichy
BP77 – 92112 Clichy cedex France
Telephone:+33 (0)1 47 56 47 56
Fax: +33 (0)1 47 39 77 93

News

MONTUPET is proud of FORD and BMW-PSA successes

MONTUPET presence in India

Signature of two major contracts with Daimler

Europe’s ride-hailing companies aren’t scared of Uber

Uber is speeding toward a historic IPO next year that could value it as high as $120 billion, but that doesn’t scare its rivals that operate across Europe. Speaking on stage at TechCrunch Disrupt Berlin, Markus Villig — the CEO of $1 billion-valued Taxify — and Via CEO Daniel Ramot, whose company has expanded from Israel into… Continue reading Europe’s ride-hailing companies aren’t scared of Uber