ChargePoint blazes into Europe on $82M funding wave
Summary
ChargePoint will use an $82 million funding round to finance its expansion into Europe, as markets the world over begin embracing and preparing for the eventual onslaught of electric cars. "The automobile industry is at an inflection point, with more vehicles coming onto the market offering highly advanced electric powertrains than any other time in the worlds history," said Pasquale Romano, CEO of ChargePoint, in a statement. "The significant investment by our lead investor Daimler and others not only underscores a collective commitment to e-mobility around the world, but lays the groundwork for Europes most comprehensive charging network." That wont matter too much for North American users -- unless the systems are intertwined and you regularly ship your EV to Europe -- but in the future, it could be beneficial. If the systems work together across the pond, a business traveler might be able to access his or her ChargePoint account while on the road, grabbing juice for a rental EV without having to navigate an entirely new infrastructure.
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