Investors trying to gauge adoption rates for electric vehicles know that one of the biggest issues is infrastructure: Potential electric-car buyers want to feel comfortable knowing they can charge their vehicles away from their homes.
Tesla, of course, is addressing the issue by building out a network of strategically placed Superchargers. Owners of other makes, however, have many options.
ChargePoint, for example, has a 70% share of all networked public charging stations, and operates on four continents. What's more, the company has partnered with several automakers and is currently integrated directly into vehicles such as the BMW i3 and Nissan LEAF. Mobile apps or software built into BMW and Nissan EVs can guide drivers directly to available charging stations.
Motley Fool analyst Rex Moore was able to speak with ChargePoint president and CEO Pat Romano at the Consumer Electronics Show in Las Vegas. In this video segment, Romano talks about other partnerships on the horizon.
A full transcript follows the video.
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Pat Romano: We're already integrated with the Nissan LEAF as well, in the CarWings system that's available with the Nissan LEAF. We're working with a whole host of other auto manufacturers to provide that same integration.
Moore: Can you say the names?
Romano: I can't yet, because they're unannounced and I want to save that for them, so that they can make those wonderful announcements.
But we are offering welcome kits through multiple auto manufacturers as well, even before they get to the integration in the in-dash systems. They'll be introduced to ChargePoint when they buy the car, get a welcome kit, be informed on how to go to the website, sign up, get an account, and download the mobile app.
Rex Moore has no position in any stocks mentioned. The Motley Fool recommends BMW and Tesla Motors. The Motley Fool owns shares of Tesla Motors. 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.