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ChargePoint Holdings, Inc. (CHPT) is a leading provider of electric vehicle (EV) charging technology solutions, operating primarily in North America and Europe. The company designs and markets networked EV charging systems integrated with cloud-based software, enabling seamless management and operation of charging stations. ChargePoint serves commercial, fleet, and residential markets with a focus on accelerating the global shift to electric mobility.
- Networked Charging Systems - Develops and sells EV charging hardware compatible with Level 2 (AC) and Level 3 (DC fast charging) standards, supporting a wide range of vehicles, including passenger cars, trucks, and buses.
- Subscriptions - Offers recurring revenue services, including cloud-based software for managing charging stations, extended warranties, and bundled solutions like ChargePoint as a Service (CPaaS).
- Other Revenue - Provides ancillary products and services, including additional hardware and support solutions for EV charging infrastructure.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Ash Chowdappa Executive | Chief Development Officer for Software | None | Joined ChargePoint in 2024; previously SVP of Software at HPE Aruba Networks; extensive experience in product strategy and software development. | |
Jagdeep Singh Executive | Chief Customer Experience Officer (CCXO) | None | Joined ChargePoint in 2022; previously SVP at Hewlett Packard Enterprise, overseeing global customer services. | |
Mansi Khetani Executive | Chief Financial Officer (CFO) | None | Joined ChargePoint in 2018; expertise in financial planning, M&A, and investment banking; previously at Gainsight and Rocket Fuel. | |
Rebecca Chavez Executive | Chief Legal Officer and Corporate Secretary | None | Joined ChargePoint in 2021; extensive legal and corporate governance expertise; previously General Counsel at ChargePoint. | |
Rick Wilmer Executive | President and CEO | None | Former COO of ChargePoint; extensive leadership in operations and customer experience; previously Head of Chowbotics at DoorDash. | View Report → |
Axel Harries Board | Board Member | Mercedes-Benz AG, Carwow, Mercedes-Benz USA | Head of Global Customer Service and Parts at Mercedes-Benz AG; extensive experience in the automotive industry. | |
Bruce Chizen Board | Chairman of the Board | Synopsys, Oracle, Informatica, Permira Advisers LLP | Former CEO of Adobe; extensive experience in digital media and software; serves on multiple public company boards. | |
Ekta Singh-Bushell Board | Board Member | TTEC Holdings, Lesaka Technologies, Huron Consulting Group | Former COO at Federal Reserve Bank of New York; expertise in finance, audit, and cybersecurity; serves on multiple public company boards. | |
Elaine L. Chao Board | Board Member | The Kroger Co. | Former U.S. Secretary of Transportation and Labor; extensive public policy and corporate governance experience. | |
G. Richard Wagoner Jr. Board | Board Member | Invesco Ltd., Graham Holdings Inc. | Former Chairman and CEO of General Motors; extensive experience in the automotive industry and public company board service. | |
Jeffrey Harris Board | Board Member | Global Reserve Group LLC, Quantum Energy Partners | Founder of Global Reserve Group; extensive expertise in finance and energy; Venture Partner at Quantum Energy Partners. | |
Mark Leschly Board | Board Member | Rho Capital Partners, Universal Tennis, Iconica LLC | Managing Partner at Rho Capital Partners; CEO of Universal Tennis; extensive experience in corporate finance and technology investments. | |
Michael Linse Board | Board Member | Linse Capital LLC, Levitate Capital, Valens Semiconductor | Founder of Linse Capital and Levitate Capital; extensive experience in alternative energy investments and corporate finance. | |
Mitesh Dhruv Board | Board Member | None | Former CFO of RingCentral; recognized for excellence in financial leadership; expertise in accounting, finance, and software. | |
Roxanne Bowman Board | Board Member | NMS Capital | Operating Executive at NMS Capital; former CEO of PowerTeam Services; expertise in utilities and strategic planning. | |
Susan Heystee Board | Board Member | Ouster, Inc. | Extensive experience in technology, sales, and market strategies; previously SVP at Verizon Connect. |
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Given the challenges in the European market, such as negative earnings growth trends and reduced subsidies in countries like France, how do you justify continued investment and commitment to Europe, and what specific strategies are you implementing to improve performance in that region?
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With gross margins remaining flat at 26% this quarter and significant improvements not expected until next year due to selling through existing inventory and benefiting from Asia manufacturing, what are the risks to achieving these margin improvements, especially considering potential inventory obsolescence or unforeseen delays?
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As you plan to introduce next-generation hardware next year while carrying substantial inventory of current products, how are you managing the risk of inventory obsolescence, and can you assure investors that there will not be additional write-offs or margin pressures from this transition?
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Given the potential for new tariffs or policy changes affecting manufacturing in Asia, how prepared are you to shift production back to the U.S. without compromising your gross margin improvement plans, and what contingency measures do you have in place?
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Considering your expectations for revenue growth and margin expansion are heavily reliant on existing products rather than new product categories, what gives you confidence in achieving positive EBITDA by fiscal '26, and how are you addressing competitive pressures that could impact your market share and margins in these existing segments?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
has·to·be gmbh | 2021 | ChargePoint acquired has·to·be gmbh (HTB) for approximately €250.0 million (about $232.2 million), comprising $130.1 million in cash and 5,695,176 shares of stock (with a portion held in escrow). This strategic deal was aimed at expanding ChargePoint's market share in Europe by leveraging HTB’s European charging software platform and involved asset allocations for customer relationships, technology, and recorded goodwill. |
ViriCiti B.V. | 2021 | ChargePoint completed the acquisition of ViriCiti B.V. on August 11, 2021, for about $79.4 million in cash plus up to $7.7 million in earnout contingent on revenue targets. The acquisition bolstered ChargePoint's fleet solutions portfolio by integrating electrification solutions for eBuses and commercial fleets, with key assets allocated to customer relationships, developed technology, and goodwill. |
No recent press releases or 8-K filings found for CHPT.