ChargePoint raises US $250M to power EV surge

Electric vehicle charging network ChargePoint has raised US $250 million in a Series H funding round backed by a big syndicate of investors from the automotive, finance, venture capital, and energy industries.
The new financing brings total funding for the 11-year-old, Silicon Valley company to more than half a billion dollars. Privately held ChargePoint plans 2.5 million charging points globally by 2025. It currently has around 60,000 independently owned public and semi-public charging spots.