ChargePoint (CHPT) announced a generational leap in AC Level 2 charging technology. The new product architecture will feature game-changing innovations such as bidirectional charging and speeds up to double that of a typical AC Level 2 charger. This architecture will underpin models sold across North America and Europe, with variants being designed for commercial, residential, and fleet applications. The new architecture arises from ChargePoint’s nearly two decades of industry leadership designing and deploying innovative charging stations, with an estimated 61% of public AC Level 2 market share in the USA based on data published by the Alternative Fuels Data Center. The architecture will comply with applicable regulations and programs, including MID and Eichrecht in Europe and ENERGY STAR in the U.S. The first models to be built on the platform will arrive in Europe this summer, and in North America at the end of 2025.
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