The partners say this unprecedented collaboration marks a crucial turning point in the race to a sustainable future powered by electric vehicles.
The key lies in synergy. AcBel brings over 40 years of expertise in power design, coupled with Kinpo Group's vast manufacturing capabilities. ChargePoint, already a leader in the EV charging domain, boasts a network of over 274,000 active charging ports across two continents. By pooling their strengths, they aim to create more advanced, reliable, and cost-effective charging solutions faster than ever before.
AcBel will provide the power, Kinpo will build the technology, and ChargePoint will lead the charge with its extensive network and market share. This alliance isn't just about charging stations; it's about accelerating the entire EV ecosystem, from design and production to deployment and accessibility.
For ChargePoint, the benefits are twofold. It gains access to AcBel's power design expertise and Kinpo's manufacturing muscle, allowing the company to bring new products to market faster and at lower costs. This translates to wider availability and affordability of charging infrastructure, fuelling the adoption of EVs.
AcBel, on the other hand, will be able to expand its presence in the booming EV market, leveraging ChargePoint's established network and expertise. This collaboration signifies a strategic shift for AcBel, marking the first time the company has tapped into Kinpo Group's resources for a joint venture. It's a win-win, opening doors to new opportunities and solidifying their position in the electric mobility market.
"This collaboration is just the beginning," declared Jerry Hsu, chairman of AcBel, hinting at future joint projects with Kinpo Group. Andrew Chen, CEO of Kinpo Group, echoed the sentiment, emphasising the alliance's potential to "inject new momentum into the global EV market."
Rick Wilmer, CEO of ChargePoint, sees this as a "significant milestone," paving the way for "world-class EV charging solutions" at more competitive prices. This collaboration, he believes, will not only accelerate product development but also improve operational efficiency without compromising quality.
