{"id":426908,"date":"2021-07-22T10:21:17","date_gmt":"2021-07-22T04:51:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=426908"},"modified":"2021-07-22T11:58:21","modified_gmt":"2021-07-22T06:28:21","slug":"chargepoint-to-buy-vw-backed-charging-software-firm-for-295-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chargepoint-to-buy-vw-backed-charging-software-firm-for-295-million\/","title":{"rendered":"ChargePoint to buy VW-backed charging software firm for $295 million"},"content":{"rendered":"<p>ChargePoint, one of the world&#8217;s largest electric vehicle charging networks, on Tuesday said it has agreed to acquire operating software firm has.to.be for 250 million euros ($295 million) to expand its foothold in the European market.<\/p>\n<p>Founded in 2013, has.to.be, in which Volkswagen is a minority shareholder, employs 125 people in Austria and Germany. Its software manages more than 40,000 charging points on the continent, with access to 250,000 via roaming agreements.<\/p>\n<p>&#8220;As an established leader in North America, our continued investment in Europe is critical to our stated growth strategy,&#8221; ChargePoint CEO Pasquale Romano said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ChargePoint, one of the world&#8217;s largest electric vehicle charging networks, on Tuesday said it has agreed to acquire operating software firm has.to.be for 250 million euros ($295 million) to expand its foothold in the European market. Founded in 2013, has.to.be, in which Volkswagen is a minority shareholder, employs 125 people in Austria and Germany. Its software manages more than 40,000 charging points on the continent, with access to 250,000 via roaming agreements. &#8220;As an established leader in North America, our continued investment in Europe is critical to our stated growth strategy,&#8221; ChargePoint CEO Pasquale Romano said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-426908","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=426908"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426908\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=426908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=426908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=426908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}