PHOENIX, Nov. 8, 2022
/PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global
leader in zero-emissions transportation and energy supply and
infrastructure solutions, and ChargePoint Holdings,
Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging
network, today announced a partnership to accelerate the deployment
of electric vehicle charging infrastructure for fleets across the
U.S. The collaboration will enable Nikola and the Nikola Sales and
Service Dealer Network to resell ChargePoint's comprehensive
portfolio of charging infrastructure and software solutions to its
fleet customers, ensuring a solid technology interface and
integrated sales approach between the two companies.
"By having complete access to the entire ChargePoint product
line to support all aspects of the Nikola business model, our Sales
and Service Dealer Network will be able to reduce the time required
to design, procure and construct both small- and large-scale
charging infrastructure projects for our customers," said
Nikola President, Commercial Pablo
Koziner. "This partnership enhances our ability to provide a
customer-focused charging solution at the right time, at the right
place and for the right price."
"Making electrification easy helps fleets focus on their core
business operations while easily adopting new technology," said
Rich Mohr, vice president, fleet, at
ChargePoint. "ChargePoint is committed to supporting OEM's, dealers
and fleets with the right tools to adopt and transition to EV
transportation without disrupting their core operation."
Through this alliance, Nikola and its customers will have access
to the full suite of ChargePoint advanced software solutions,
including charge management, range forecasting, and streamlined
delivery route and schedule planning, simplifying the management of
fleet operations. In addition, ChargePoint software enables full
operational visibility, helping customers understand their fleet
utilization to stay ahead of critical issues. As a result, fleet
operators can better utilize their vehicles, prevent breakdowns and
reduce operating costs.
Nikola has issued purchase orders for ChargePoint E-skids,
ChargePoint's rapid deployment DC fast charging solution to
accelerate its customers' adoption of mobile charging
infrastructure, with deliveries beginning in November 2022.
ABOUT NIKOLA
CORPORATION:
Nikola Corporation is globally transforming the transportation
industry. As a designer and manufacturer of zero-emission
battery-electric and hydrogen-electric vehicles, electric vehicle
drivetrains, vehicle components, energy storage systems, and
hydrogen station infrastructure, Nikola is driven to revolutionize
the economic and environmental impact of commerce as we know it
today. Founded in 2015, Nikola Corporation is headquartered in
Phoenix, Arizona. For more
information, visit www.nikolamotor.com or Twitter @nikolamotor.
ABOUT CHARGEPOINT
ChargePoint is creating a new fueling network to move 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 a comprehensive portfolio
of charging solutions. The ChargePoint 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 133 million charging sessions have been delivered,
with drivers plugging into the ChargePoint network on average every
second. For more information, visit the ChargePoint pressroom,
the ChargePoint Investor Relations site, or contact the
ChargePoint North American or European press offices or Investor
Relations.
FORWARD LOOKING
STATEMENTS
Certain statements included in this press release that are not
historical facts are forward-looking statements for purposes of the
safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as "believe," "may," "will," "estimate,"
"continue," "anticipate," "intend," "expect," "should," "would,"
"plan," "predict," "potential," "seem," "seek," "future,"
"outlook," and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding the benefits of the parties' collaboration;
the ability reduce the time required to design, procure and
construct charging infrastructure projects; the ability to provide
a customer-focused charging solution at the right time and place
that simplifies the management of fleet operations and stays
ahead of critical issues; the ability of fleet operators to better
utilize vehicles, prevent breakdowns and reduce operating costs,
Nikola's expectations regarding its business, business model
and strategy; Nikola's expectations regarding its projected truck
builds and related specifications; Nikola's expectations for its
trucks and market acceptance of electric trucks; and market
opportunity. These statements are based on various assumptions,
whether or not identified in this press release, and on the current
expectations of Nikola's management and are not predictions of
actual performance. Forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the forward-looking statements, including
but not limited to general economic, financial, legal, regulatory,
political and business conditions and changes in domestic and
foreign markets; the potential effects of COVID-19; the outcome of
legal proceedings to which Nikola is, or may become a party;
failure to realize the anticipated benefits of the recently
completed business combination; the conversion of pre-orders into
binding orders; risks related to the rollout of Nikola's business
and the timing of expected business milestones; the effects of
competition on Nikola's future business; the availability of
capital; and the other risks detailed from time to time in Nikola's
reports filed with the Securities and Exchange Commission,
including its quarterly report on Form 10-Q for the quarter ended
June 30, 2020 and other documents
Nikola files with the SEC. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. These
forward-looking statements speak only as of the date hereof and
Nikola specifically disclaims any obligation to update these
forward-looking statements.
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SOURCE Nikola Corporation