Tag: Daimler

ChargePoint Raises $82M Towards European EV Charging Network — Investment Led by Daimler

ChargPoint EV Charging Stations - Cisco - San Jose, CA
ChargePoint boasts the world’s largest EV charging network (Image: ChargePoint).

On March 2, electric vehicle charging provider ChargePoint announced that it has raised $82 million USD in its latest funding round. This investment is led by Daimler AG and also includes BMW i Ventures, Linse Capital, Rho Capital Partners and Braemar Energy Ventures. ChargePoint will use the money to support the expansion of its electric vehicle (EV) charging network into Europe. Thanks to generous purchasing incentives available in over 20 countries, Europe is the world’s second-largest EV market. Europe’s EV charging network must continue to grow in order to support the uptake of EVs in the region. Continue reading “ChargePoint Raises $82M Towards European EV Charging Network — Investment Led by Daimler”

Daimler Makes Smart Move in North America — Gasoline-powered Option Retired Come Fall

The Daimler Smart Fortwo electric drive being charged at home (Image: Daimler).

In a letter to dealers (reviewed by Reuters) the head of Mercedes-Benz USA — Dietmar Exler — outlined that sales of Smart cars powered by internal combustion engines would cease in North America when the 2017 model year ends this coming fall. The Smart will then only be available as an all-electric model: the Fortwo electric drive. Continue reading “Daimler Makes Smart Move in North America — Gasoline-powered Option Retired Come Fall”