Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

ChargePoint And Daimler Buses Team Up For EV Charging Solutions

Author: Lekha Gupta | August 27, 2024 09:26am

ChargePoint Holdings, Inc. (NYSE:CHPT) partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses.

ChargePoint’s systems optimize fleet operations with real-time data, enabling efficient EV scaling. The Daimler Buses partnership ensures fast onboarding and provides fleet managers with tools for monitoring, insights, and reporting through a single interface.

Uwe Münch, Director for Bus & Transit, Europe, at ChargePoint, said, “Over 9,500 buses use the ChargePoint fleet management system globally, many of which are made by Daimler Buses. With this new partnership, customers of both brands benefit from enhanced software to optimise their pure electric and mixed fuel fleets.”

Recently, the company has been collaborating with major automakers across the globe to expand its EV charging solutions.

In July, the company and Porsche Cars North America partnered to integrate charging services. The collaboration will increase the number of chargers available to Porsche customers to more than 100,000 across North America.

This month, ChargePoint announced the launch of ChargePoint Omni Port, an EV connector solution that ensures any EV can charge in any parking space, regardless of its connector type, and without an expensive additional cable.

Investors can gain exposure to the stock via SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Price Action: CHPT shares are down 0.54% at $1.83 premarket at the last check Tuesday.

Read Next:

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Don’t miss the opportunity to dominate in a volatile market at the Benzinga SmallCAP Conference on Oct. 9-10 at the Chicago Marriott Downtown Magnificent Mile. Get exclusive access to CEO presentations, 1:1 meetings with investors, and valuable insights from top financial experts. Whether you’re a trader, entrepreneur, or investor, this event offers unparalleled opportunities to grow your portfolio and network with industry leaders. Secure your spot and get your tickets today!

Posted In: CHPT PBW SIMS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist