ChargePoint Entering the Home Charging Market
Electric Vehicle chargers are forecasted to be everywhere – in public parking garages, off heavily trafficked freeway exits, at dealerships, even companies are installing charge hubs for employees, and let’s not forget the most convenient option of them all, your garage.
So it only makes sense that ChargePoint, an EV infrastructure company with more than 20,000 charging spots in North America, is the latest entrant into the crowded residential charging station market. According to ChargedEVs, the competition is fierce with multinational conglomerates and long-established EVSE companies like ABB, AeroVironment, Bosch, ClipperCreek, Eaton, GE, Schneider Electric, Siemens, and others already fully entrenched in this market segment.
So what caused ChargePoint to jump feet first into this tight margin business – well, it is tremendously popular. The company estimates between 70 and 80 percent of all new plug-in buyers sign up for one of their accounts. Its social media channels are absolute world beaters with its Twitter @ChargePointnet yielding nearly 6,500 followers.
Plus, according to its website, it appears the ChargePoint Home charging units will be among the most tech savvy on the market. There is currently a wait list “for the smartest, smallest and most advanced home electric vehicle charger…ChargePoint Home is wifi enabled and works with the Nest Learning Thermostat™.”
While many manufacturers are focused on the home and well traveled freeway corridors, Sunspeed Enterprises is building out the hard to reach, rural destinations with its SunTrail Route network of charging stations. The very first chain of EV charge hubs being built are on California’s scenic Pacific Coast Highway. To start, 30-40 hubs will stretch from Eureka to the north, to as far south as Malibu in Los Angeles County.