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home / news releases / SBUX - Starbucks Volvo and ChargePoint advance their EV charging partnership


SBUX - Starbucks Volvo and ChargePoint advance their EV charging partnership

The first four Starbucks ( NASDAQ: SBUX ) stores where new electric vehicle chargers powered by ChargePoint Holdings ( NYSE: CHPT ) will be available to customers and members of the public have been set up along a 1,350-mile route that winds through national forests and major community hubs from the Colorado Rockies to the Starbucks Support Center in Seattle.

The partnership between Starbucks ( SBUX ), ChargePoint ( CHPT ), and Volvo Cars ( OTCPK:VLVOF ) will see at least 15 locations set up with ChargePoint's DC fast chargers at approximately every 100 miles along the route.

While drivers of any EV equipped with a standard CCS1 or CHAdeMO receptacle will be able to use these stations for a fee, drivers of Volvo Cars are noted to have the added benefit of having access to the stations at no charge or at preferential rates.

Volvo Cars plans to be a fully electric car company by 2030, while Starbucks continues to rapidly expand its roster of renewable energy and decarbonization projects in the U.S in support of its global goal to reduce its carbon footprint by 50% by 2030.

For further details see:

Starbucks, Volvo and ChargePoint advance their EV charging partnership
Stock Information

Company Name: Starbucks Corporation
Stock Symbol: SBUX
Market: NASDAQ
Website: starbucks.com

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