ALD Automotive, a leading global sustainable mobility player,
has signed an international agreement with ChargePoint Holdings,
Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging
network, to create a new EV charging business in Europe for
international and local corporate clients. The joint initiative
aims to create a unique electric Mobility Service Provider (eMSP)
to accelerate corporate fleet electrification.
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The joint initiative between ALD and
ChargePoint aims to create a unique electric Mobility Service
Provider (eMSP) to accelerate corporate fleet electrification.
(Photo: Business Wire)
Powered by ChargePoint’s best-in-class technology, the new
charging business will provide drivers of corporate fleets with one
simple charging solution for easy access, payments and
reimbursement reports. Drivers will access a charging network of
over 485,000 charging ports across Europe, with a single dedicated
app and charging card offering charging at home, in the office or
on the road.
To control and monitor charging expenses, fleet managers will
benefit from a unique, consolidated reporting and invoicing
solution that provides an overview of all charging costs. Public,
workplace, depot and home charging costs will be provided in one
single dashboard to enable further control over the full eco-system
in a unique and holistic manner. This is particularly relevant for
fleet managers who manage their EV fleets through multi-leasing
companies and charging wall box providers.
This new EV charging business for fleets is a reinforcement of
the partnership between ALD Automotive and ChargePoint who have
been working closely since 2019 together to offer a comprehensive
portfolio of bundled leasing and charging services.
The eMSP will be headquartered in Paris region with go live
expected in the final quarter 2023, starting in France and the
Netherlands and followed closely by Belgium and Germany, with
subsequent roll-out in 8 European countries* by 2025. The parties
expect that the new business will be progressively extended to
further geographies over time, as well as to small and medium
companies, leasing companies and private individuals, in addition
to carbon brokerage services (vehicle to grid, carbon credits…) in
the medium term.
“With this agreement, we are expanding our relationship with ALD
Automotive, and enabling more businesses to electrify their
fleets,” said Pasquale Romano, CEO of ChargePoint. “Together,
ChargePoint and ALD Automotive will enable more businesses and
drivers frictionless access to simple and reliable charging,
opening up the millions of lease company controlled vehicles in
Europe to the EV revolution."
“With ChargePoint, our goal is to simplify and facilitate access
to EV charging services for corporate fleets. This new venture
allows ALD Automotive to take an additional stake in the EV
ecosystem value chain while further advancing Green Tech for
mobility,” confirms Tim Albertsen, CEO of ALD. “We believe that
this unique charging value-proposition for fleets will be a game
changer in accelerating the adoption of electric vehicles. With one
of the largest multi-make fleets of electric vehicles worldwide, we
take our responsibility of facilitating the energy transition
seriously and are set on making sustainable mobility a
reality.”
*Italy, UK, Sweden, Spain, Austria, Denmark, Finland and
Norway
About ChargePoint
ChargePoint is creating a new fueling network to move people and
goods on electricity. Since 2007, ChargePoint has been committed to
making it easy for businesses and drivers to go electric with one
of the largest EV charging networks and a comprehensive portfolio
of charging solutions. The ChargePoint cloud subscription platform
and software-defined charging hardware are designed to include
options for every charging scenario from home and multifamily to
workplace, parking, hospitality, retail, and transport fleets of
all types. Today, one ChargePoint account provides access to
hundreds of thousands of places to charge in North America and
Europe. To date, more than 158 million charging sessions have been
delivered, with drivers plugging into the ChargePoint network on
average every second. For more information, visit the ChargePoint
pressroom, the ChargePoint Investor Relations site, or contact the
ChargePoint North American or European press offices or Investor
Relations.
Forward Looking Statement
This press release contains forward-looking statements that
involve risks, uncertainties, and assumptions including statements
regarding the expected benefits and timing of the launch and
expansion of the eMSP and future integrations between ChargePoint
and ALD Automotive. Any statements that are not of historical fact
may be forward-looking statements. Words used such as
“anticipates,” “believes,” “continues,” “designed,” “estimates,”
“expects,” “goal,” “intends,” “likely,” “may,” “ongoing,” “plans,”
“projects,” “pursuing,” “seeks,” “should,” “will,” “would” and
similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
these words. All forward-looking statements contained in this press
release, including the occurrence, timing, release and expansion of
the expected eMSP service, any integration of the ChargePoint
charging network with the new eMSP service or any other services
offered by the new EV charging business and any expected benefits
of the eMSP, especially to fleet managers, as a result of the
proposed eMSP service and further integrations between ChargePoint
and ALD Automotive are based on ChargePoint’s current assumptions,
expectations and beliefs, and involve substantial risks and
uncertainties that may cause results, performance or achievement to
materially differ from those expressed or implied by these
forward-looking statements, including that the eMSP service may
never go live, be expanded to new geographies or achieve the full
operational potential that ChargePoint and ALD expect. Further
information regarding other risks and uncertainties are included in
the filings by ChargePoint Holdings, Inc., made from time to time
with the U.S. Securities and Exchange Commission. ChargePoint makes
these statements as of the date of this press release, and
ChargePoint undertakes no obligation to publicly update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required under
applicable law.
About ALD Automotive
ALD Automotive is a global leader in mobility solutions
providing full-service leasing and fleet management services across
44 countries to a client base of large corporates, SMEs,
professionals and private individuals. As a leader in its industry,
ALD Automotive places sustainable mobility at the heart of its
strategy, delivering innovative mobility solutions and
technology-enabled services to its clients, helping them focus on
their everyday business. With 7,050 employees around the globe, ALD
manages 1.81 million vehicles (at end-December 2022).
ALD Automotive is listed on Compartment A of Euronext Paris
(ISIN: FR0013258662; Ticker: ALD). Societe Generale is ALD
Automotive’s majority shareholder.
CHPT-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20230404005219/en/
ALD Automotive
Stephanie Jonville Head of Communications, ALD Automotive Tel.:
+33 (0)6 46 14 81 90 stephanie.jonville@aldautomotive.com
ChargePoint
Matthew Enevoldson Communications Manager, Europe
matthew.enevoldson@chargepoint.com
europepressoffice@chargepoint.com
Patrick Hamer VP, Capital Markets and Investor Relations
Patrick.Hamer@chargepoint.com investors@chargepoint.com
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