ChargePoint and AcBel Polytech Inc. announced an agreement to jointly develop EV charging solutions. AcBel will begin to co-design hardware for ChargePoint's portfolio of EV charging solutions - bringing products to market faster and at a lower cost, while maintaining ChargePoint's high quality and reliability standards. The agreement expands ChargePoint's existing manufacturing agreement with AcBel.

By combining AcBel's 40 years of expertise in power design and Kinpo's electronic manufacturing capabilities, ChargePoint believes the partnership will bolster its research and development capabilities, enabling it to bring new products to market faster and at an lower cost. By harmonizing the processes of engineering, design, development and production with AcBel and Kinpo, ChargePoint will have an end-to-end solution enabling ChargePoint's engineering team to focus on future innovation.