ChargePoint (NYSE: CHPT) shares were in the green to open Wednesday. The company, a global leader in electric vehicle (EV) charging solutions, today introduced Express Solo: the world’s fastest standalone EV charger. Capable of delivering a 600kW charging speed to a single EV, Express Solo launches ChargePoint’s next generation DC fast charging architecture as an industry-leading innovation.
Continuing the expansion of ChargePoint’s award-winning hardware range beyond North America, Express Solo will be ChargePoint’s first DC charger to also be sold across Europe. Delivering high-power, scalable EV charging in a single compact cabinet, installation is now possible in tight spaces, at lower construction costs, all while increasing charging speed.
Express Solo delivers approximately 40% higher power density than other DC charging solutions in the industry’s smallest footprint, making Express Solo ideal for the deployment of EV charging at sites that require fast charging in a limited space, such as an urban gas station or convenience stores. It is also ideal as the first charger on a site that is planned for future scale.
“Express Solo,” says this morning’s news release, “can simultaneously charge two EVs, and it affordably pairs with an additional dispenser to charge up to four vehicles. When charging multiple vehicles, an Express Solo can deliver any combination of power levels up to 600kW per port, an industry-first innovation. This makes more fast charging ports available to drivers while increasing station owner revenue.”
CHPT shares vaulted 45 cents, or 6.8%, to $7.15.
