A strong and growing charging infrastructure will be essential as EV sales increase to an expected 25 percent of the market by 2025. While much progress has been made, there is still an exponential growth opportunity ahead to build out a network of charging points to support the increased demand and give EV drivers the confidence to travel more places.
"ChargePoint's mission is to get everyone behind the wheel of an EV," said Pasquale Romano, ChargePoint's CEO. "We've been busy building the network that's necessary for EVs to become mainstream. As the demand for EV charging continues to surge, charging infrastructure expands and gas stations disappear, it won't be long before drivers start suffering from 'gas anxiety,' not range anxiety. As the largest charging network, we are enabling the EV revolution and changing the experience of refueling."
The rapid expansion of ChargePoint's network can be attributed to growth in the EV market as well as a unique business model that puts the power in the hands of station owners and drivers. ChargePoint doesn't own the stations on its network; instead, stations are independently owned and operated by businesses that want to attract and engage employees and customers who drive EVs. ChargePoint builds and supports the charging stations, and provides mobile apps, analytics and software that let owners easily manage EV charging and help drivers find convenient stations, see station availability and track all charging.
Stations are owned by businesses across a variety of verticals, which can choose whether to offer charging to customers, employees or both: retail, hospitality, healthcare, education, recreation, municipal and more. In addition to the 30,000 places to charge at work, around town and out of town, ChargePoint offers ways for EV drivers to charge at apartments, condos and single-family homes. About 70% of new EV drivers use the ChargePoint online driver portal and mobile app to find nearby places to charge.
ChargePoint is the largest and most open electric vehicle (EV) charging network in the world, with more than 30,000 independently owned charging spots that are easy for EV drivers to find and use at home, at work, around town and out of town. Leading EV hardware makers and other partners rely on the ChargePoint network to make charging station details available in mobile apps, online and in navigation systems for popular EVs. ChargePoint drivers have completed more than 17.8 million charging sessions, saving upwards of 17 million gallons of gasoline and driving over 407 million gas-free miles.
For more information, visit www.chargepoint.com.
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