ChargePoint Acquires Fleet and Energy Management Company

Kisensum, a company that develops fleet energy solutions, will incorporate its cloud services into ChargePoint's energy and charger network.

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June 28, 2018

ChargePoint Acquires Fleet and Energy Management Company — ChargePoint will integrate its charging network with Kisensum's cloud-based technology
Photo: ChargePoint

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Electric vehicle charging network ChargePoint acquired Kisensum, a provider of fleet energy solutions.

The acquisition comes as ChargePoint prepares for a market transitioning to electrification. Bloomberg New Energy Finance estimates that by 2040, 55% of new car sales and 33% of the global car fleet will be electric.

ChargePoint plans to incorporate Kisensum cloud services into its fleet energy solution for grid services, local renewables generation, and energy storage. Predictive cababilities also reduce costs and increase efficiency for fleet managers.

ChargePoint will retain the entire Kisensum team, which will continue to operate from its current offices in Oakland, Calif.

Topics:Cloud-Based Technology EV Charging Alternative Fuels Electric Vehicles Green Fleet

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