Work begins on the project this year.
Mercedes-Benz, MN8, and ChargePoint are joining forces to install 400 fast electric vehicle charging hubs across the US in a major bid to boost EV sales and improve the nation’s struggling EV charging infrastructure. The project will cost approximately €1 billion , which will be split 50-50 between Mercedes and MN8.
Starting this year, the companies will begin the work to construct hundreds of new hubs, which will include more than 2,500 DC fast charging plugs. MN8 Energy, an offshoot of Goldman Sachs Asset Management focused on solar power and energy storage, will help finance the project using ChargePoint’s EV charging hardware and software, the companies said.
The Mercedes-ChargePoint EV charging hubs will be located in “key cities and urban population centers, along major highway corridors and close to convenient retail and service destinations,” the companies say. Mercedes dealerships, luxury malls, and other retail locations frequented by Mercedes owners are likely locations as well, the company’s executives said.“It will be a safe location,” Mercedes chief technology officer Markus Schäfer said.
The charging hubs will be open to all EVs, not just Mercedes owners, but people who own an EQS and other Mercedes EVs will have the option to reserve certain stations. “We want to have a seamless, premium process here,” Schäfer said. “So reservation is a feature that we’re offering to Mercedes customers.”
Mercedes has a prior arrangement with ChargePoint for an “industry-leading” EV charging solution called
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