ChargePoint and General Motors Collaborate to Install Many Hundreds of Electric Vehicle Fast Charging Ports
ChargePoint (NYSE: CHPT) and General Motors (GM) have announced a collaboration to install hundreds of ultra-fast EV charging ports across the United States by the end of 2025. The initiative features ChargePoint's Omni Port system, which enables both CCS and NACS charging without adapters, and the Express Plus platform capable of charging speeds up to 500kW.
The collaboration includes an incentive program to facilitate third-party charge point operators (CPOs) in owning and operating EV charging infrastructure. The stations will be branded as GM Energy and aim to improve charging accessibility while providing faster charging experiences for EV drivers.
ChargePoint (NYSE: CHPT) e General Motors (GM) hanno annunciato una collaborazione per installare centinaia di stazioni di ricarica ultra-rapide per veicoli elettrici negli Stati Uniti entro la fine del 2025. L'iniziativa prevede il sistema Omni Port di ChargePoint, che consente la ricarica sia CCS che NACS senza adattatori, e la piattaforma Express Plus, capace di velocità di ricarica fino a 500 kW.
La collaborazione include un programma di incentivi per facilitare agli operatori di punti di ricarica di terze parti (CPO) la proprietà e la gestione di infrastrutture di ricarica per veicoli elettrici. Le stazioni saranno marchiate come GM Energy e mirano a migliorare l'accessibilità della ricarica offrendo esperienze di ricarica più veloci per i conducenti di veicoli elettrici.
ChargePoint (NYSE: CHPT) y General Motors (GM) han anunciado una colaboración para instalar cientos de puertos de carga ultra-rápidos para vehículos eléctricos en los Estados Unidos para finales de 2025. La iniciativa incluye el sistema Omni Port de ChargePoint, que permite la carga CCS y NACS sin adaptadores, y la plataforma Express Plus, capaz de alcanzar velocidades de carga de hasta 500 kW.
La colaboración incluye un programa de incentivos para facilitar a los operadores de puntos de carga de terceros (CPO) la propiedad y operación de infraestructuras de carga para vehículos eléctricos. Las estaciones se marcarán como GM Energy y tienen como objetivo mejorar la accesibilidad a la carga al proporcionar experiencias de carga más rápidas para los conductores de vehículos eléctricos.
ChargePoint (NYSE: CHPT)와 General Motors (GM)는 2025년 말까지 미국 전역에 수백 개의 초고속 전기차 충전소를 설치하기 위한 협력 관계를 발표했습니다. 이 이니셔티브는 어댑터 없이 CCS와 NACS 충전을 모두 지원하는 ChargePoint의 Omni Port 시스템과 최대 500kW의 충전 속도를 자랑하는 Express Plus 플랫폼을 특징으로 합니다.
이번 협력에는 제3자 충전 포인트 운영자(CPO)가 전기차 충전 인프라를 소유하고 운영할 수 있도록 돕는 인센티브 프로그램도 포함됩니다. 충전소는 GM Energy라는 브랜드로 운영되며, 전기차 운전자가 더 빠르게 충전할 수 있도록 충전 접근성을 개선하는 것을 목표로 합니다.
ChargePoint (NYSE: CHPT) et General Motors (GM) ont annoncé une collaboration pour installer des centaines de ports de recharge ultra-rapides pour véhicules électriques à travers les États-Unis d'ici la fin de 2025. L'initiative comprend le système Omni Port de ChargePoint, qui permet une recharge CCS et NACS sans adaptateurs, ainsi que la plateforme Express Plus, capable d'atteindre des vitesses de charge allant jusqu'à 500 kW.
Cette collaboration inclut un programme d'incitations pour faciliter aux opérateurs de points de recharge tiers (CPO) la possession et l'exploitation d'infrastructures de recharge pour véhicules électriques. Les stations seront marquées comme GM Energy et visent à améliorer l'accessibilité de la recharge tout en offrant des expériences de recharge plus rapides pour les conducteurs de véhicules électriques.
ChargePoint (NYSE: CHPT) und General Motors (GM) haben eine Zusammenarbeit zur Installation von Hunderten von ultrarahmen EV-Ladestationen in den Vereinigten Staaten bis Ende 2025 angekündigt. Die Initiative umfasst das Omni Port-System von ChargePoint, das sowohl CCS- als auch NACS-Ladungen ohne Adapter ermöglicht, sowie die Express Plus-Plattform, die Ladegeschwindigkeiten von bis zu 500 kW erreichen kann.
Die Zusammenarbeit beinhaltet ein Anreizprogramm, um Drittfirmen-Ladepunktbetreibern (CPOs) die Eigentums- und Betriebsführung von EV-Ladeinfrastruktur zu erleichtern. Die Stationen werden unter der Marke GM Energy betrieben und zielen darauf ab, die Zugänglichkeit des Ladeladens zu verbessern und den Fahrern von Elektrofahrzeugen schnellere Ladeerlebnisse zu bieten.
- Strategic partnership with major automaker GM expands market presence
- Installation of hundreds of new ultra-fast charging ports by 2025
- Advanced 500kW charging capability through Express Plus platform
- Innovative Omni Port system supporting both CCS and NACS standards
- Significant capital investment required for infrastructure deployment
- Dependent on third-party operators for implementation
Insights
This collaboration represents a strategic move in the EV charging infrastructure landscape. The deployment of ultra-fast charging ports with up to 500kW charging capability significantly exceeds current EV charging requirements, future-proofing the network. The innovative Omni Port system, accommodating both CCS and NACS standards, addresses a critical interoperability challenge in the industry.
However, ChargePoint's financial position raises concerns about execution capacity. With a market cap of just
The initiative aligns with federal infrastructure goals and growing EV adoption trends. The strategic timing, targeting completion by 2025, coincides with major automakers' EV rollout plans. The partnership could strengthen ChargePoint's competitive position against rivals like EVgo and Electrify America, particularly as GM's backing adds significant credibility.
However, the announcement lacks specific numbers regarding investment size and revenue potential. The phrase "many hundreds" of chargers is notably vague, making it difficult to quantify the deal's actual value. The incentive program for third-party CPOs suggests a capital-light approach, which could help preserve ChargePoint's balance sheet while expanding network reach.
Chargers to feature class-leading charging speeds for current and future EVs
ChargePoint and GM are joining efforts to install hundreds of ultra-fast charging ports at strategic locations across the
“The transition to electric mobility continues to be driven by leaders such as General Motors offering innovative EVs and committing to make chargers as ubiquitous as possible,” said Rick Wilmer, CEO of ChargePoint. “Our collaboration with GM represents a significant investment in the infrastructure to enable fast and easy charging for all. Together, ChargePoint and GM will deliver a seamless fast charging experience via reliable charging hardware managed by our industry leading software platform.”
Branded GM Energy, many applicable locations will be equipped with ChargePoint’s revolutionary Omni Port system. Omni Port allows vehicles with CCS or NACS charging ports to seamlessly charge at any charger, without the need to carry an adapter or dedicate a parking space to a particular connector type. Many of the charging stations planned for the collaboration will feature ultra-fast charging through ChargePoint’s Express Plus platform, which is capable of charging speeds up to 500kW.
“Continuing to provide customers with better charging options helps to remove barriers to EV adoption and improve the ownership experience. Today, GM drivers have access to hundreds of thousands of places to charge and we are proud that this collaboration with ChargePoint adds even more reliable, accessible and convenient charging experiences,” said Wade Sheffer, GM Energy vice president. “With ultra-fast charging, Omni Port technology and excellent customers experiences, this collaboration should be another reason why EV drivers and the EV-curious should be excited.”
Through the collaboration, ChargePoint and GM are accelerating the deployment of DC fast charging across the
For more information, please visit: www.chargepoint.com.
For more information about GM Energy, please visit: www.gmenergy.gm.com.
ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in
Forward Looking Statement
This release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, the total number ports, types of chargers, charger features and the timing of the deployment of ChargePoint chargers under the collaboration with GM. Forward-looking statements include statements regarding ChargePoint’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “proposed,” “will” and “would” or similar words. These forward-looking statements involve risks, uncertainties, and assumptions, including risks associated with the GM collaboration that may be associated with delays related to identifying appropriate site locations, construction, permitting, site development, and electrical installation, as well as ongoing program participation by ChargePoint partners, charging site hosts and GM. Additional risks and uncertainties are included in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in ChargePoint’s Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on December 6, 2024, which is available on ChargePoint’s website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Forward-looking statements are not guarantees of future performance and actual results could differ materially from those expressed or implied by the statements made herein. All forward-looking statements in this press release are based on information available as of the date hereof and ChargePoint assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
About ChargePoint Holdings, Inc.
ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in
ABOUT GM
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM’s Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
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ChargePoint
John Paolo Canton
Vice President, Communications
JP.Canton@chargepoint.com
AJ Gosselin
Director, Corporate Communications
AJ.Gosselin@chargepoint.com
media@chargepoint.com
General Motors
Andrew Surma
Senior Manager, Strategic Technology Communications
Andrew.Surma@gm.com
Source: ChargePoint Holdings, Inc.
FAQ
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