Chevron, American Electric Power, Clearvision and Quantum Energy Partners led a $127m funding round in ChargePoint.

Chevron Technology Ventures, American Electric Power, Clearvision and Quantum Energy Partners led a $127m funding round in ChargePoint, an electric vehicle charging network. "The shift to electric drive is intensifying for mainstream businesses and fleet operators, a transition poised to be one of the most significant transformations in modern history. The additional $127m in funding provides capital to expand our investment as the market grows, underscoring investor confidence in the unprecedented potential of electric mobility as well as ChargePoint’s leadership across continents. With more than a decade of category leadership, ChargePoint is well positioned to continue the buildout of 21st century mobility infrastructure that will pave the way to the mass adoption of EVs," Pasquale Romano, ChargePoint President and CEO.