BMW i Ventures making strategic investment in Coulomb Technologies
24 July 2012
BMW i Ventures is making a strategic investment in Coulomb Technologies. Coulomb’s ChargePoint is the largest online global charging network, connecting electric vehicle drivers to charging stations in more than 14 countries. The investment by BMW supports the development of infrastructure for plug-in electric vehicles.
Coulomb, which just turned four years old, also just released version 4 of its ChargePoint system. (Earlier post.)http://www.greencarcongress.com/2012/07/pin12-20120724.html
“BMW i Ventures recognizes the importance of a global charging network for electric vehicle drivers. BMW is focused on providing comprehensive services that make the charging of BMW electric vehicles a premium experience. ChargePoint is the largest, longest established network with a significantly advanced and mature feature set. This investment will forge a close and strategic relationship as we further our electric mobility offer.
—Dr. Ulrich Quay, Managing Director of BMW i Ventures
BMW i Ventures, BMW Group’s venture capital unit based in New York City, invests in early and mid-stage high-potential companies in the area of Mobility Services. These are services that make mobility smarter, more efficient and more flexible. The company aims for strategic, long-term partnerships in particular in the areas of e-mobility, navigation, parking, car sharing and intermodal mobility solutions.
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