ChargePoint Named European Electric Vehicle Charging Market Leader
ChargePoint delivered excellent results against 10 key categories, including: product quality, implementation excellence, technology leverage and growth strategy excellence
ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, has been named as the winner in Best Practises Market Leadership Award in the European electric vehicle (EV) charging market in a new independent report conducted by Frost & Sullivan.
Frost & Sullivan’s Market Leadership Award recognizes that ChargePoint has achieved the greatest market share resulting from outstanding performance, products, and services. Frost & Sullivan’s analysts tracked over 18 leading operators in Europe to determine the Market Leadership Award, independently evaluating a wide range of criteria, including growth strategy, technology leverage, product quality, value, implementation, and customer experience through the electrification process.
The report recognises that ChargePoint, the first global publicly traded EV charging company, offers a robust portfolio of hardware, software, and support services catering to commercial, fleet, and residential EV customers. This has led to a network with more than 163,000 charging points in operation, 45,000 of which are in Europe, with an additional 290,000 places to charge available through open roaming agreements on its network. According to Frost & Sullivan’s Innovation Generator™ data intelligence platform, ChargePoint has strategic coverage of charging points in residential areas, inner-city roads, highways, and public places, providing quality charging solutions wherever site hosts offer EV charging.
ChargePoint is also proud to highlight three billion electric miles have been driven on the network and drivers have avoided more than 131 million gallons of gas, preventing over 529,000 metric tons of greenhouse gas (GHG) emissions.
Pasquale Romano, CEO and President of ChargePoint said, “We are honoured to receive this award. It is recognition of the key milestones ChargePoint has hit in the past year; milestones that demonstrate our commitment to the European EV charging market and complement our position as a leader in EV charging in North America. We are extremely proud of the team we have built in Europe, and what they have managed to achieve in such a short time. It is because of them that we have been able to grow from market entry to one of the largest charging networks in Europe and a leader within commercial and fleet charging.”
ChargePoint’s impressive growth strategy in Europe, strategic partnerships, as well as ChargePoint’s recent acquisitions of ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets, and e-mobility technology provider has·to·be, highlight the company as a continued and growing leader in the industry.
ChargePoint continues to create job opportunities and has more than doubled its talent over the past year in Europe. ChargePoint also has state-of-the-art research and development facilities in Radstadt, Austria and Reading, England for testing and evaluation of ChargePoint’s EV charging products.
Frost & Sullivan recognizes how ChargePoint’s successful growth strategy cements its position as a market leader and will continue to strengthen its brand and presence in the EV charging space.
From concept to scale, ChargePoint’s solution portfolio includes everything needed to electrify and optimise fueling, regardless of the size, use or type of vehicle. ChargePoint’s significant software capabilities and range of AC and DC fast charging solutions balance charging costs with operational readiness, making ChargePoint a key partner in the efficient and rapid electrification of transportation.
Prajyot Sathe, Research Manager of Frost & Sullivan stated that “Driving innovation and growth is a difficult task made even harder by the strategic imperatives forcing change today, such as disruptive technologies, value chain compression, industry convergence, and new business models. ChargePoint has established itself in the EV charging market for the past 14 years and provided more than three billion electric miles through its network. Frost & Sullivan is impressed with how ChargePoint has capitalised on its vast experience and expertise to outperform the competition and lead the market.”