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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

LG Electronics and ChargePoint are collaborating on smart home solutions, software, and hardware, including the delivery of EV chargers.

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image credit: LG electronics

LG Electronics of South Korea has teamed up with ChargePoint to deploy more electric vehicle charging stations in the United States, the firms announced today.

As part of the agreement, ChargePoint will provide software for LG’s EV chargers, while LG will give ChargePoint hardware to expand its network of 306,000 charge connections. The firms claim they would work together to build “commercial charging solutions,” with the first deliveries due later this summer.

Other options include charging points to LG’s energy storage installations and connecting LG’s ThinQ smart home system to ChargePoint’s Home Flex residential charger.

LG Electronics, which manufactures televisions and household appliances, launched its first EV charger plant in Fort Worth, Texas, earlier this year. The 100,000-square-foot factory can create up to 12,000 chargers annually. At the time, the company stated that it would provide EV charging equipment to charging operators. The agreement with ChargePoint is one of the first supplier collaborations to be publicized.

Both corporations plan to use funds from the Biden administration’s National Electric Vehicle Infrastructure program, which will provide millions of dollars to EV charging operators. Despite being authorized in 2021, just seven stations have opened so far with NEVI financing, raising concerns among Republicans about the program’s effectiveness.


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