ChargePoint Holdings, Inc. - CHPT STOCK NEWS

ChargePoint has partnered with Goldman Sachs Renewable Power to offer tailored financing solutions for businesses adopting EV charging technology. This collaboration introduces the ChargePoint as a Service (CPaaS) product family, providing options to finance EV charging infrastructure without upfront costs. Eligible customers can now choose from financed or turnkey options, facilitating easier deployment in North America. The initiative aims to reduce barriers for fleet operators and retailers, enabling them to participate in the growing clean energy movement.

ChargePoint has partnered with Gatik to develop an electric vehicle charging infrastructure aimed at enhancing sustainability for autonomous delivery systems in North America. This collaboration focuses on providing integrated services for Gatik’s customers, facilitating decarbonization in the B2B short-haul logistics sector. ChargePoint will leverage its extensive expertise in site design and charging technology, offering a nationwide network and tailored software solutions, helping clients achieve sustainability goals while minimizing operational costs.

ChargePoint (NYSE: CHPT) has partnered with Toyota Motor North America to enhance charging solutions for drivers of the new bZ4X electric SUV. This collaboration aims to provide seamless home and public charging access through ChargePoint's extensive network, covering over 80% of charging spots in North America. bZ4X users can utilize ChargePoint’s Home Flex Level 2 charger for faster residential charging and benefit from dynamic pricing to save on energy costs. The agreement signifies ChargePoint's commitment to expanding EV charging infrastructure and improving driver experiences.

Toyota Motor North America is partnering with ChargePoint to enhance the ownership experience of the upcoming 2023 bZ4X electric SUV. This collaboration will provide seamless home and public charging options, ensuring over 80% of North America's charging spots are accessible to bZ4X drivers. Customers can purchase the ChargePoint Home Flex Level 2 charger for fast home charging and utilize a comprehensive public charging network. This initiative aims to support Toyota's transition toward more electric vehicles and promote carbon neutrality.

ChargePoint Holdings, Inc. (NYSE: CHPT) announced that Chief Marketing Officer Colleen Jansen will feature in the children's book Everyday Superheroes: Women in Energy Careers, highlighting diverse women in energy roles. The book, releasing in July 2022, will aim to inspire elementary students. Jansen will also join a panel discussion at the ALLY Energy International Women’s Day Summit in Houston, Texas, on March 8, 2022, focusing on workforce diversity and equitable energy transitions. This initiative underscores ChargePoint's commitment to promoting women in STEM and energy sectors.

ChargePoint Holdings, Inc. (NYSE: CHPT) announced that Chief Marketing Officer Colleen Jansen will speak at the J.D. Power Auto Summit on March 10, 2022, in Wynn Las Vegas. The event focuses on the shift to mass EV adoption, discussing key barriers like range and price, and strategies for franchised dealers to boost EV sales. Jansen will participate in a panel titled “Understanding Purchase Pain Points” alongside industry leaders. ChargePoint has one of the largest EV charging networks globally, with over 105 million charging sessions to date, emphasizing its commitment to electric mobility.

ChargePoint Holdings, Inc. (NYSE:CHPT) reported a 90% increase in fourth-quarter revenue, totaling $80.7 million, compared to $42.4 million in the same quarter last year. For the full fiscal year, revenue rose 65% to $242.3 million. The company activated over 174,000 ports and anticipates fiscal year 2023 revenues between $450 million and $500 million. Despite the growth, ChargePoint posted a GAAP net loss of $132.6 million for the year and $60.5 million for the fourth quarter.

ChargePoint Holdings has partnered with Wheels Donlen to provide comprehensive fleet mobility solutions, including both home and public charging options. This collaboration will enable Wheels Donlen customers to access ChargePoint's extensive nationwide charging network, with over 125,000 public charging points. The integrated software will facilitate holistic management of fleet energy reports, greenhouse gas savings, and charging activities, supporting clients in achieving their zero-emission goals.