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Source: Getty

ChargePoint Receives Additional $43 Million To Expand Charging Stations In Europe

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ChargePoint, one of the largest electric vehicle charging networks in the world, is only going to get bigger. They’ve been able to raise $43 million and will now expand further into the European markets. Notably, that’s $43 million on top of the $82 million they received from in a fundraiser this spring and their new acquisition of GE’s charging network.

Daimler led the pack of giving the charging network most of the initial $82 million back in March. It’s a growing trend of manufacturers chipping in to the EV infrastructure. While range in electric cars continues to improve, more charging stations need to be installed to give people peace of mind that they can drive their EV anywhere. ChargePoint has over 33,000 chargers in the United States alone.