LG Electronics will supply EV chargers to ChargePoint as part of new deal

South Korea’s LG Electronics is teaming up with ChargePoint to instal much electrical conveyance charging stations successful the US, the companies announced today.

As portion of the deal, ChargePoint volition supply bundle to run LG’s EV chargers, and LG volition proviso ChargePoint with hardware to bolster its web of 306,000 complaint ports. The companies accidental they program coming unneurotic to jointly instal “commercial charging solutions,” with the archetypal deliveries expected aboriginal this summer.

Other possibilities see ChargePoint tapping into LG’s vigor retention installations, arsenic good arsenic connecting LG’s ThinQ astute location strategy with ChargePoint’s Home Flex residential charger.

LG Electronics, which makes TVs and location appliances, opened its archetypal EV charger factory successful Fort Worth, Texas earlier this year. The 100,000 square-foot installation has the capableness to nutrient up to 12,000 chargers a year. At the time, the institution said it would proviso EV charging instrumentality to charging operators. The woody with ChargePoint is 1 of the archetypal supplier partnerships to beryllium announced.

Both companies expect tapping into backing from the Biden administration’s National Electric Vehicle Infrastructure program, which is allocating millions of dollars to EV charging operators. Despite being authorized successful 2021, only 7 stations person opened truthful acold utilizing NEVI funding, prompting questions from Republicans astir the program’s effectiveness.