Welcome to our dedicated page for Chargepoint Holdings news (Ticker: CHPT), a resource for investors and traders seeking the latest updates and insights on Chargepoint Holdings stock.
ChargePoint Holdings, Inc. (NYSE: CHPT) is focused on electric vehicle (EV) charging solutions, and its news flow reflects activity across technology, finance, and large-scale infrastructure deployment. Company announcements describe a portfolio that spans networked charging hardware, cloud-based software, and services for EV drivers, fleets, commercial sites, public agencies, and other stakeholders in North America and Europe.
News updates for CHPT commonly include quarterly financial results, where ChargePoint reports revenue from networked charging systems, subscriptions, and other sources, along with gross margin and operating expense trends. These releases are often accompanied by Form 8-K filings and webcast details for earnings calls, providing context on the company’s operating performance and capital structure.
ChargePoint’s press releases also highlight product and platform developments. Examples include the launch of the ChargePoint Platform, which the company describes as a next-generation software system with AI-powered data tools, real-time monitoring, and features such as Waitlist to manage charger demand. Other announcements cover hardware innovations such as Express Plus fast charging stations, a modular Express DC fast charging architecture developed with Eaton, and Omni Port conversion kits that allow older stations to support adaptable connectors for new EVs.
Additional news items feature customer deployments and partnerships, such as agreements with universities, real estate developers, and public-sector entities, as well as cooperative purchasing contracts like the Sourcewell award for public agencies in the U.S. and Canada. Investors and observers can use the CHPT news feed on Stock Titan to follow these financial disclosures, technology updates, and deployment milestones over time.
ChargePoint Holdings (NYSE:CHPT) has appointed Rick Wilmer as the new Chief Customer and Operations Officer. With over 30 years of experience in global technology and operations, Wilmer is expected to enhance customer service and operational efficiency as the company seeks to accelerate its growth in the electric vehicle market. CEO Pasquale Romano highlighted the right timing for Wilmer's expertise to advance ChargePoint’s mission to electrify transportation. This strategic hire comes as ChargePoint enters a pivotal growth phase, aiming to expand its EV charging solutions.
ChargePoint (NYSE: CHPT) has partnered with the National Electrical Contractors Association (NECA) to develop training for electrical contractors involved in EV charging infrastructure installation. This collaboration aims to enhance the deployment of charging solutions, coinciding with government investments of $7.5 billion through the Bipartisan Infrastructure Law for EV charging networks. ChargePoint will utilize NECA's resources to reach more contractors, improving the technical expertise of installers nationwide and facilitating the transition to electric vehicle infrastructure.
ChargePoint (NYSE: CHPT) has published its 2022 Charging Forward report, offering insights on electric vehicle (EV) adoption in North America and Europe. The report highlights significant growth in EV sales, with every 1 in 10 vehicles sold being an EV as of last year, and predicts continued market transformation. Since 2017, ChargePoint has seen a 200% growth in sessions delivered to electric fleets. The report emphasizes the need for expanded charging infrastructure to support this transition.
ChargePoint (NYSE: CHPT) announced that Bill Loewenthal, its senior vice president of product, ranks among the top Chief Product Officers (CPOs) in the Global CPO 20. This prestigious recognition stems from over 3,000 nominations aimed at celebrating innovative CPOs driving digital transformation. Loewenthal’s experience in product leadership and portfolio management contributes significantly to ChargePoint's success, highlighted by a comprehensive EV charging network that serves North America and Europe.
ChargePoint Holdings (CHPT) reported a strong Q1 fiscal 2023, achieving a 102% year-over-year revenue increase to $81.6 million, driven by robust growth in Europe and across all verticals. The company activated over 188,000 ports by April 30, with 67% sequential growth in European revenue. Gross margin declined to 15% from 23% due to lower-margin product performance and supply chain issues. ChargePoint maintains a full-year revenue guidance of $450 million to $500 million and has a strengthened balance sheet with $541 million in cash.
ChargePoint Holdings, Inc. (NYSE:CHPT) will release its financial results for Q1 ended April 30, 2022, after market close on May 31, 2022. The management will host a conference call at 1:30 PM PT (4:30 PM ET) to discuss these results. Investors can access a live webcast from the 'Events and Presentations' section of ChargePoint's investor relations website, with a replay available for one year post-call. ChargePoint operates one of the largest EV charging networks, having delivered over 113 million charging sessions since 2007.
ChargePoint (NYSE: CHPT) has announced the completion of its first electric vehicle fast-charging corridor, funded by a
ChargePoint Holdings, Inc. (NYSE: CHPT) has appointed Ekta Singh-Bushell to its Board of Directors. With over 25 years of experience in technology, finance, and operations, Singh-Bushell aims to enhance the board’s expertise. She has held significant roles at the Federal Reserve Bank of New York and Ernst & Young, and serves on various other boards. ChargePoint focuses on expanding its electric vehicle charging network, enabling accessible charging solutions globally.
ChargePoint Holdings (NYSE: CHPT) announced an investment by Antara Capital LP of
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