ChargePoint Is an Index for the Electrification of Mobility

No need to choose the next winning EV brand. ChargePoint fuels all types of vehicles (from passenger vehicles to delivery vans to buses) across use cases (from L2 to DC fast charging) in parking lots, depots and residential settings. We are the basket for investing in automotive and mobility brands that are making the switch to electric.

ChargePoint not only charges everything but is working to integrate into everything. Today, ChargePoint is integrated in-vehicle through native infotainment systems and in Apple CarPlay and Android Auto. ChargePoint is also integrated through payment systems, mobile wallets, fleet fueling cards and with utility programs. At home, ChargePoint is integrated with at-home assistants like Alexa and more.

ChargePoint by the Numbers


more market share (at more than 70%) in networked level 2 charging than the closest competitor in North America


of the 2022 Fortune Top 50 list of companies rely on ChargePoint


years in business. Years before you could buy a mass market EV, ChargePoint gave birth to a new way of fueling.


places to charge on the ChargePoint network in North America and Europe


charges delivered to date and counting


Drivers plug into the ChargePoint network approximately every 1.0 second or less


kg of greenhouse gas emissions avoided to date


additional places to charge accessible with one ChargePoint account through roaming integrations with other major charging networks

Numbers as of Apr 30, 2024

Investment Highlights

Massive Total Addressable Market

  • The electrification of mobility is happening at record rates, presenting a tremendous addressable market for ChargePoint
  • EVs projected to be 9.9% of new vehicles sold in 2025 and 29.2% 2030 in the U.S. and Europe (compared to 2.6% in 2019)1
  • Cumulative EV charging infrastructure investment in U.S. and Europe projected to be ~$60 billion by 2030 and ~$192B by 20402
1 Source: BloombergNEF Electric Vehicle Outlook 2020 (Passenger Vehicles) as of October 2020
2 Source: BloombergNEF Electric Vehicle Outlook 2020 as of October 2020

Winning Portfolio + Business Model

  • Revenues are directly proportional to EV penetration, monetization not tied to energy utilization
  • One complete, vertically integrated, software-defined and worldwide product portfolio of networked solutions for commercial, fleet and residential customers wrapped with turnkey support services, serving many segments and geographies
  • A platform that enables businesses to be part of the democratization of charging whether mobility is core to their business model (e.g. fleets and transit) or not (e.g. retail, workplace, hospitality, residential)
  • Diversified revenue stream of hardware plus high-margin, recurring software subscription and services

Strong Competitive Moats

  • For more than a decade, ChargePoint has been fueled by a significant amount of capital raised from established investors powering a successful R&D and go-to-market engine
  • A winning formula of hardware with high land-and-expand effects tied to growing EV penetration, recurring software SaaS model with 100% attach to hardware, and a recurring services model including comprehensive parts & labor warranty
  • Strong network created by deep ecosystem integrations (in-vehicle infotainment systems, consumer mobile applications, payment systems, mapping tools, fleet fuel cards, etc.) and an open network with broad reach

Capital-Light Growth

  • 74% of the 2022 Fortune Top 50 list of companies rely on ChargePoint
  • Proven account expansion reflecting ongoing software and warranty subscriptions as well as increased hardware purchases as EV penetration across verticals grows
  • Minimal capex required to scale. Since customers own the charging sites or stations, ChargePoint focuses its resources on product development, customer acquisition and public policy to drive innovation, competition and customer choice in the market
  • Recurring revenue streams from software and services provide strong financial visibility

Experienced Leadership Team

  • Seasoned executive leadership team with many decades of combined experience in technology, mobility and emerging sectors
  • Independent board of directors with extensive, diverse and complementary backgrounds spanning automotive, software, technology, energy and venture capital

ChargePoint for Good: The ESG Investment Story of Our Time

  • ChargePoint enables global shift to mass EV adoption, delivering significant and positive climate impact, while helping improve quality of life and reducing cost of living for years to come
  • 10B electric miles enabled to date, avoiding more than 410M gallons of gas and approximately 2.2M mt of GHG emissions