Pages with tag ChargePoint
ChargePoint Takes Over Management of GE’s Electric Vehicle Charging Network:
GE has for a few years operated their own charging network. It wasn't widely recognized nor popular, but they were doing it. It makes sense that GE (a.k.a. General Electric) would get into such a business. The name of the company says it all, that GE's corporate purpose is anything to do with electricity. But, their charging station business and network was never very popular.
GE selling its charging network to ChargePoint is likely part of a larger transformation underway at GE. According to current news reports, GE sold off its appliance division, most of GE Capital, is thinking to sell its "lighting" business, amid a general sell-off of "side businesses" so that GE can return to its "industrial roots".
In other words, it would seem GE see's the charging network business as a "side business" it should jettison. If so, I'd suggest that to be short-sighted since electric vehicles are the future. Shouldn't GE be positioning itself to reap the rewards of the rise of electric vehicles?
- General Motors to collaborate with eVgo, ChargePoint and Greenlots to enhance the charging experience for customers