ChargePoint and AcBel Polytech announced an agreement to jointly develop EV charging solutions. AcBel will begin to co-design hardware for ChargePoint’s portfolio of EV charging solutions – bringing products to market faster and at a lower cost, while maintaining ChargePoint’s high quality and reliability standards. The agreement expands ChargePoint’s existing manufacturing agreement with AcBel. By combining AcBel’s 40 years of expertise in power design and Kinpo’s electronic manufacturing capabilities, ChargePoint believes the partnership will bolster its research and development capabilities, enabling it to bring new products to market faster and at a lower cost. By harmonizing the processes of engineering, design, development and production with AcBel and Kinpo, ChargePoint will have an end-to-end solution enabling ChargePoint’s engineering team to focus on future innovation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CHPT:
- Short Report: Childrenâs Place bears undeterred by Mithaq Capital involvement
- Unusually active option classes on open February 16th
- ChargePoint or EVgo: TD Cowen Chooses the Superior EV Charging Stock to Buy
- ChargePoint says cloud software solutions now FedRAMP-approved
- Short Report: EV chargers remain in bearsâ crosshairs
Questions or Comments about the article? Write to editor@tipranks.com