ChargePoint Launches Large-Scale Deployment Of Express Plus Power Link 2000 Fast Charging Platform
Portfolio Pulse from Shivani Kumaresan
ChargePoint Holdings Inc (NYSE:CHPT) has launched the Express Plus Power Link 2000 DC fast charging platform, capable of up to 500kW charging speeds. This platform will power the Mercedes-Benz HPC NA public charging network. The Power Link 2000 features a modular design and proprietary cooling architecture, allowing for sustained high-speed charging. ChargePoint's stock (CHPT) rose by 2.16% to $3.29.
November 15, 2023 | 7:45 pm
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POSITIVE IMPACT
ChargePoint's launch of the Express Plus Power Link 2000 fast charging platform is a significant development in its product offerings, likely to enhance its market position in EV infrastructure.
The launch of a new fast charging platform positions ChargePoint as a leader in EV charging solutions, which is likely to attract investor interest and could positively impact the stock price in the short term, as reflected by the 2.16% increase.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100