ChargePoint Announces Trade-In Offer for Customers to Upgrade EV Charging Stations

CT2000 Customers Will Receive a Credit Up to $1,250 to upgrade to ChargePoint’s Revolutionary CT4000 Charging Station, which Charges Twice the Number of Cars While Dramatically Reducing Costs

CAMPBELL, CA – ChargePoint – the largest and most open network of independently owned electric vehicle (EV) charging stations in the world – is offering to its customers a limited time trade-in credit of up to $1,250 toward the purchase of a dual port CT4000 charging station, ChargePoint’s newest advancement in charging technology.

ChargePoint’s revolutionary CT4000 series is the first-ever family of charging stations to meet the needs of the expanding EV market, specifically addressing two major obstacles – the cost of installation and the growing demand for charging spots. The CT4000 Series from ChargePoint boasts many industry originals, including a power sharing feature, which allows a single circuit to power a dual port charging station, doubling the number of charging locations, without increasing installation costs. Clean Cord Technology™ – a self-retracting, maintenance free, ultra lightweight cord management system is now a standard feature, which makes EV charging an easier and more convenient experience.

“The CT4000 doubles the number of charging stations while dramatically cutting installation costs, which allows charging infrastructure to pace the accelerating electric vehicle industry,” said Pat Romano, President and CEO for ChargePoint. “This offer is especially beneficial for early adopters who want to upgrade to our newest technology. We designed the CT4000 so that it can easily be installed at an existing charging location to minimize installation costs.”

In addition to the features above, the CT4000 Series offers a first-ever customizable video feature on a color LCD screen, allowing station owners to run video content of their choice through ChargePoint’s cloud service. Station owners can further customize their CT4000 Series charging station by replacing the standard EV Charging Only sign. The interactive instruction video for the CT4000 is consumer-friendly and available in English, Spanish and French.

The new CT4000 Series stations are already in high demand with hundreds of installation orders coming in from current ChargePoint customers, including Google. Currently, ChargePoint has over 14,000 charging locations and a 65%+ market share of networked public charging stations, operating on their cloud service, which supports a range of hardware from other manufacturers in addition to ChargePoint’s selection of best-in-class models.

Thanks to the Section 30C Alternative Fuel Vehicle Refueling Property Credit, owners of EV charging stations can take a 30 percent tax credit of up to $30,000 per location for stations purchased and installed in 2012 or 2013. It is important to act now, as both the limited time offer to receive ChargePoint’s trade-in credit of $1,250 for a dual port station and $500 for single port stations, and the Alternative Fuel Vehicle Refueling Property tax credit offer expire on December 31, 2013. The offer is valid for stations sold and installed through ChargePoint’s Premier reseller partners.

About ChargePoint

ChargePoint is the largest and most open electric vehicle (EV) charging network in the world, with more than 14,000 charging locations and a 65%+ market share. Ranked #1 by leading independent research firm, Navigant Research, ChargePoint makes advanced hardware and best-in-class cloud based software. ChargePoint’s open network is utilized by many leading EV hardware makers and encourages all EV charging manufacturers to join.

ChargePoint also manages the only mobile app that provides EV drivers with real-time information, including availability of charging locations throughout the nation. Every 11 seconds, a driver connects to a ChargePoint station and by initiating over 3 million charging sessions, ChargePoint drivers have saved over 2.6 million gallons of gasoline and avoided 20 million pounds of CO₂ emissions.

For more information about ChargePoint, visit www.chargepoint.com.