ALD Automotive and ChargePoint Holdings partner to create a new EV charging business in Europe.
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ALD Automotive and ChargePoint Holdings partner to create a new EV charging business in Europe.

The objective of this partnership between ALD Automotive and ChargePoint Holdings is to create a unique electric Mobility Service Provider (eMSP) that will facilitate and accelerate corporate fleet electrification.

ALD Automotive and ChargePoint Holdings have entered into an international agreement to create a new EV charging business in Europe for both international and local corporate clients. The objective of this joint initiative is to create a unique electric Mobility Service Provider (eMSP) that will facilitate and accelerate corporate fleet electrification.

ChargePoint, a leading electric vehicle (EV) charging network, will provide its cutting-edge technology to power the new charging business. The charging network will offer corporate fleet drivers one simple charging solution, enabling them to access a charging network of over 485,000 charging ports across Europe. Corporate drivers will be able to use a single dedicated app and charging card to charge their EVs at home, in the office, or on the road.

To make it easier for fleet managers to control and monitor charging expenses, the charging business will offer a consolidated reporting and invoicing solution. This unique solution will enable fleet managers to have an overview of all charging costs in one single dashboard. Public, workplace, depot, and home charging costs will be provided in a single dashboard to enable further control over the full eco-system in a unique and holistic manner.

This new charging business is particularly relevant for fleet managers who manage their EV fleets through multi-leasing companies and charging wall box providers. It will provide a much-needed solution for these managers who currently face the challenge of having to deal with multiple providers and solutions.

The new electric Mobility Service Provider (eMSP) is set to have its headquarters in the Paris region, and it is expected to go live in the final quarter of 2023, starting in France and the Netherlands. The initiative will then be swiftly followed by a roll-out in Belgium and Germany, with plans to expand to eight other European countries by 2025.

The parties involved anticipate that the new business will gradually extend to more regions over time. In addition, the eMSP will cater to small and medium companies, leasing companies, and private individuals, and will offer carbon brokerage services, such as vehicle-to-grid and carbon credits, in the medium term. This strategic move is geared towards achieving a more sustainable future for mobility in Europe.

With this agreement, we are expanding our relationship with ALD Automotive, and enabling more businesses to electrify their fleets,” said Pasquale Romano, CEO of ChargePoint. “Together, ChargePoint and ALD Automotive will enable more businesses and drivers frictionless access to simple and reliable charging, opening up the millions of lease company-controlled vehicles in Europe to the EV revolution.”

With ChargePoint, our goal is to simplify and facilitate access to EV charging services for corporate fleets. This new venture allows ALD Automotive to take an additional stake in the EV ecosystem value chain while further advancing Green Tech for mobility,” confirms Tim Albertsen, CEO of ALD. “We believe that this unique charging value-proposition for fleets will be a game changer in accelerating the adoption of electric vehicles. With one of the largest multi-make fleets of electric vehicles worldwide, we take our responsibility of facilitating the energy transition seriously and are set on making sustainable mobility a reality.”

Also Read: EV charging industry poised for explosive growth as market set to reach $100B by 2040.

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