ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ChargePoint Innovations Transform EV Charging with Maximum-Speed Bidirectional AC Architecture

Innovative new architecture sets the benchmark for the future of EV charging with Vehicle-to-Home capability & maximum AC charging speeds

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced a generational leap in AC Level 2 charging technology. The new product architecture will feature game-changing innovations such as bidirectional charging and speeds up to double that of a typical AC Level 2 charger. This architecture will underpin models sold across North America and Europe, with variants being designed for commercial, residential, and fleet applications.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409306096/en/

ChargePoint announced new AC Level 2 charging product architecture that will feature innovations including bidirectional charging, with variants being designed for commercial, residential, and fleet applications.

ChargePoint announced new AC Level 2 charging product architecture that will feature innovations including bidirectional charging, with variants being designed for commercial, residential, and fleet applications.

“ChargePoint’s next generation of EV chargers will be revolutionary, not evolutionary,” said Hossein Kazemi, Chief Technical Officer, Hardware at ChargePoint. “The architecture underpinning them enables highly anticipated technologies which will deliver a significantly better experience for station owners and the EV drivers who charge with them.”

Features of ChargePoint’s new AC Level 2 architecture include:

  • Vehicle-to-everything capability, enabling an EV to deliver energy as a zero-emissions generator for a home, a commercial building, or to transfer energy back to the grid.
  • Ultra-fast charging at the maximum speed possible: 19.2 kW (80A single-phase, North America) or 22 kW (32A 3-phase, Europe), charging a typical EV battery from 0–100% in about four hours.
  • Dynamic load balancing, which automatically accelerates the charging speed when power is not needed elsewhere in the building.
  • Smart home compatibilities to integrate with solar charging, home batteries and smart energy management systems.
  • Series-wiring capability, enabling a fleet depot, a multifamily housing garage, or even a single-family home with two EVs to maximize charging without costly service upgrades.
  • ChargePoint® Omni Port enables charging North American EVs with any of the most common connector types from a single charging station.

The new architecture arises from ChargePoint’s nearly two decades of industry leadership designing and deploying innovative charging stations, with an estimated 61% of public AC Level 2 market share in the USA based on data published by the Alternative Fuels Data Center. The architecture will comply with applicable regulations and programs, including MID and Eichrecht in Europe and ENERGY STAR® in the U.S. The first models to be built on the platform will arrive in Europe this summer, and in North America at the end of 2025.

ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

Forward Looking Statement

This release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, the anticipated benefits, effects and novel features of ChargePoint’s announced alternating current (AC) architecture. Forward-looking statements include statements regarding ChargePoint’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “proposed,” “will” and “would” or similar words. These forward-looking statements involve risks, uncertainties, and assumptions, including risks associated with the effectiveness, usefulness and customer adoption of ChargePoint’s announced AC architecture and the charging stations models manufactured with such technology. Additional risks and uncertainties are included in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in ChargePoint’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 28, 2025, which is available on ChargePoint’s website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Forward-looking statements are not guarantees of future performance and actual results could differ materially from those expressed or implied by the statements made herein. All forward-looking statements in this press release are based on information available as of the date hereof and ChargePoint assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.

About ChargePoint Holdings, Inc.

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. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact the ChargePoint North American press office, or Investor Relations.

CHPT-IR

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.