Merchants Fleet Continues Major EV Commitment, Aligns with ChargePoint to Offer Infrastructure Solutions to Clients
Brings Charging and Infrastructure Solutions to US Fleet Clients, Expanding Ecosystem
Merchants Fleet, the nation’s fastest-growing fleet management company, today announced its alignment to offer services to clients with ChargePoint, a leading electric vehicle (EV) charging network. As automakers and large fleet operators accelerate their investments in electrification, the number of available light and medium duty electric vehicles is expected to increase, ensuring that fleets will have access to the types of vehicles they need to electrify. As the electrification movement surges forward, charging infrastructure has emerged as the all-important link that will connect all components to ensure its success.
“Merchants is laying the groundwork and building an extensive collaboration network to enable and accelerate fleet electrification. Our collaboration with companies like ChargePoint is part of our broad strategy of creating a vehicle & charging ecosystem for our clients; thereby enabling seamless adoption & integration of electric vehicles into fleet operations,” said Hari Nayar, Director of Electrification & Sustainability at Merchants Fleet.
“As more fleets realize the benefits of electrifying—cost reductions and operational efficiencies—it becomes increasingly crucial that organizations are equipped with a robust set of networked charging solutions that meet individual fueling needs,” said Richard Mohr, Vice President, Fleet Solutions, ChargePoint. “To help reduce energy costs and optimize fleet operations at every turn, fleets with business-critical vehicles require smart assets and power management provided through a combination of hardware solutions backed by consistent software service support. With consumer behavior shifting and the need for last-mile deliveries increasing, ChargePoint is pleased to explore opportunities to collaborate with Merchants with the goal of executing an agreement to provide a network of reliable solutions and support every step of the way for businesses choosing to electrify.”
This announcement comes on the heels of a recent report from Merchants of their intent to buy 12,600 light commercial electric cargo vans from BrightDrop, a new business from GM, and additional orders from EV startups. Merchants aims to have 50% of its mobility fleet portfolio electric by 2025, and 50% of its managed fleet portfolio fully electric by 2030. The company has officially launched Electrify Fleet, an innovative ecosystem of OEM and infrastructure partners, in collaboration with Merchants Fleet sustainability experts, designed to provide resources and insights to help clients make a seamless and cost-effective entry into EV.
For companies interested in understanding EVs and charging, Merchants will be hosting an educational webinar with Hari Nayar, Director of Electrification & Sustainability at Merchants Fleet and Scott Miller, Head of Fleet Sales North America at ChargePoint on April 1, 2021.
About Merchants Fleet
Merchants Fleet is the nation’s fastest growing fleet management company, providing flexible funding and service options for organizations that leverage vehicles to run their operations, serving as a single source for all vehicle needs, including electric vehicles. Merchants Fleet is headquartered in Hooksett, New Hampshire, and its Innovation Center is located in the Chicago, Illinois, area. For more information, please visit merchantsfleet.com.
About ChargePoint
ChargePoint is creating the new fueling network to move all people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and most complete portfolio of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe. To date, more than 89 million charging sessions have been delivered, with drivers plugging into the ChargePoint network approximately every two seconds. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact ChargePoint’s North American or European press offices or Investor Relations.
