ChargePoint Statement on Record Electric Vehicle Sales

CAMPBELL, CA – The Electric Drive Transportation Association has released the latest sales figures for plug-in vehicles. In October, 10,060 plug-in vehicles were sold in the United States, representing a 24 percent increase over the previous month and 43 percent increase over October of 2012. There have now been 148,854 plug-in vehicles sold nationwide.

Pasquale Romano, CEO of ChargePoint – the company that built the world’s largest and most open electric vehicle (EV) charging network – released the following statement today regarding these record sales numbers

“The growth of the electric vehicle industry is very encouraging and we expect this trend to continue. This time next year, there will likely be twice as many EVs on the road. With record sales comes the need to build the infrastructure to support these vehicles. And as the largest and most open EV charging network in the world, ChargePoint is ready and excited to meet this demand.”

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 15 seconds, a driver connects to a ChargePoint station and by initiating over 3,000,000 charging sessions, ChargePoint drivers have saved over 3.5 million gallons of gasoline and avoided 36 million pounds of CO₂ emissions.

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