Benzinga | Jun 17, 2021 03:53PM EDT

ChargePoint Partners With Mercedes

* ChargePoint Holdings Inc (NYSE:CHPT) has signed an agreement with German luxury vehicle maker Mercedes-Benz USA for EV charging, Mercedes me Charge, to be launched with the all-new EQS all-electric luxury sedan.

* The charging facility will also be available with all EQ future mobility products from Mercedes-EQ.

* ChargePoint's integration of multiple charging network operators will offer Mercedes me Charge drivers a cross-charging network without the need for multiple charging network accounts, subscriptions, or charging cards.

* Drivers with a Mercedes me Charge account will have access to the largest collection of places to charge in North America, spanning public and semi-public settings.

* Drivers will have the option to use Plug & Charge on DC stations on the ChargePoint network and others.

* "As the world transitions to electric mobility, software plays an important role in fueling and ChargePoint is proud to power seamless access to EV charging in-vehicle and in-app for Mercedes-EQ drivers," said Bill Loewenthal, Senior Vice President, Product, ChargePoint.

* Price action: CHPT shares are trading higher by 1.91% at $31.95 on the last check Thursday.