BMW's Electric i3 Guides You to Charging Stations

Drivers can literally ask the i3 where to find a charging station.

Apr 7, 2014 at 10:31AM

Previously on "Where Do I Charge My Electric Car?", ChargePoint CEO Pat Romano explained the inner workings of his company. ChargePoint has a 70% share of all networked public charging stations, and operates on four continents.

Our roving reporter Rex Moore was at the Consumer Electronics Show in Las Vegas, and talked with ChargePoint CEO Pat Romano. In this video, Romano demonstrates an incredibly convenient and time-saving feature that's built into many of ChargePoint's auto partners. This includes BMW (NASDAQOTH:BAMXF), which was showing off its all-electric i3 at CES.

A full transcript follows the video.

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Pat Romano: If you look at the car that's right here that was announced by BMW -- the i3, which is a wonderful vehicle -- we're directly integrated with this in-dash navigation system so you can literally ask the car, "Where's the nearest charging station?" and you can tell, on the dash, whether the charging station has a car plugged into it, or if it's free for you to use.

You'll be able to not make the mistake of navigating to a parking space that's already occupied by another car, which would be incredibly frustrating if you didn't have that real-time info. This car is full-time connected to the Internet. It's always connected, so it's a very cool feature.

The second way of doing it with ChargePoint is through the mobile application. Once you leave your beautiful BMW and you're having dinner or you're at work, and you want to check on your charging session or potentially plan your route to your next business meeting, you can use that mobile application to find chargers and navigate to them directly.

Rex Moore has no position in any stocks mentioned. The Motley Fool recommends BMW. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

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That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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