Electric cars still occupy a part of cars, trucks and SUVs on the road today. But this is changing. In 2017, the number of electric cars and plug-in hybrids on the world road exceeded 3 million. By 2025, 20 million electric vehicles are needed in North America and Europe.
And that means that the world needs more chargers.
ChargePoint, On Friday, California's startup, which provides infrastructure for electric vehicles, announced that it would expand its charger network by 50 times over the next seven years. The company currently has more than 53,000 shippers and is committed to building a worldwide network of 2.5 million charging stations by 2025.
Most of these new shippers are fairly allocated between Europe and North America in Australia and New Zealand and at a lower percentage in Australia and New Zealand, a global summit company on climate change announced on Friday.
ChargePoint has raised over $ 292 million since its founding in 2007. It used funds to add chargers to the network, including expansion last year in Europe. The company secured $ 82 million in financing led by Daimler in May 2017. A month later, the company announced that it raised $ 43 million in funding to strengthen European expansion from Germany's engineering giant Siemens.
The expansion of the network is convenient for car manufacturers planning to introduce electric vehicles in the coming years. You are here. I have a unique network of chargers called compressors. This car manufacturer has made a large investment to build a network. Currently there are 1,342 stations with 11,013 compressors all over the world.
This network aimed at promoting long distance travel can only be used by Tesla cars. Other car makers that have started selling electric cars rely heavily on third party vendors such as ChargePoint. It is estimated that at least 40 new electric vehicle models will be introduced over the next 5 years.
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ChargePoint has added 2.5 M electric car charger over the next seven years -
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