ChargePoint Network Data Demonstrates Charging Demand Continues to Outpace Growth of Charging Infrastructure
MWN-AI** Summary
ChargePoint, a leader in electric vehicle (EV) charging solutions, recently released compelling data highlighting that charging demand is outpacing the growth of charging infrastructure. In the last year, ChargePoint-enabled charging sessions surged by 34%, while the number of new charging ports increased by only 16%. This underscores a pressing imbalance as more than one million EV drivers utilize ChargePoint's services monthly.
Rick Wilmer, ChargePoint's CEO, noted a pivotal shift in EV adoption, stating that nearly 60% of the total electric miles enabled since the company's inception occurred in just the last two years. With significant global EV sales growth—20% in 2025, along with 33% in Europe and a robust showing in the U.S.—the company indicates that the rapid rise in new EV registrations is driving increased pressure on charging infrastructure.
In particular, plug-in hybrids comprise approximately 16% of all commercial AC charging sessions recorded on the ChargePoint platform, further emphasizing the diverse charging needs of contemporary drivers. Despite an addition of 190,000 new charging ports over the past year, the utilization rates have surged, surpassing the growth of new installations by nearly 20%. This trend is alarming, suggesting potential issues in charging accessibility could intensify if installation rates do not keep pace with demand.
ChargePoint's mission aligns with the accelerating pace of electrification, offering significant environmental benefits as demonstrated by its contributions to reducing gasoline usage and greenhouse gas emissions. The company's commitment to expanding accessible charging options is evident, as it currently connects users to over 1.3 million ports globally. As demand continues to soar, addressing the infrastructure gap will be vital for future growth in the EV market.
MWN-AI** Analysis
ChargePoint’s recent analysis highlights a significant discrepancy between electric vehicle (EV) charging demand and the growth of charging infrastructure. The company reported a staggering 34% increase in charging sessions, surging ahead of the 16% growth in new charging ports over the past year. This trend underlines an emerging bottleneck that could hinder the growth of the EV market, presenting both challenges and opportunities for investors.
As the EV landscape continues to evolve, ChargePoint’s data indicates that the total number of EVs on the road has now become a more critical metric for assessing charger demand, rather than just new vehicle sales. The data reveals over one million monthly users of ChargePoint services, with plug-in hybrids accounting for about 16% of commercial charging sessions. This demographic shift signifies a broader acceptance of EVs but also highlights an urgent need for expanded infrastructure.
For investors, this presents two primary considerations. First, companies that invest in charging infrastructure may experience accelerated returns as demand for charging services grows. ChargePoint itself, recognized as a leader in this sector, could be a prime candidate for investment due to its established network and ongoing commitment to expansion.
Second, the mounting pressure on infrastructure could lead to increased partnerships and joint ventures within the EV ecosystem. Companies focused on renewable energy, smart grid technology, and EV manufacturing may collaborate with ChargePoint to address this gap.
In conclusion, as ChargePoint's data suggests, the future of EV charging infrastructure appears promising yet precarious. Stakeholders will need to navigate these trends carefully to capitalize on the burgeoning EV market while mitigating risks associated with infrastructure limitations. Investors should watch for further developments in charging technology and infrastructure investment as key indicators of market potential.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
- Total ChargePoint-enabled charging sessions up 34% in one year, outpacing new ports which grew by 16%
- More than 1 million EV drivers using ChargePoint on a monthly basis
- Vehicles identified as plug in hybrids in the ChargePoint app make up ~16% of all commercial AC charging sessions
ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, today announced data insights from more than 100 million EV charging sessions the company enabled in the last year. The company’s own data combines with recently-released 2025 EV sales figures to suggest that charging infrastructure is not keeping up with driver demand.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210080766/en/
ChargePoint released data insights showing that ChargePoint-enabled sessions were up 34%, outpacing new ports which grew by 16%, indicating that charging infrastructure is not keeping up with driver demand.
ChargePoint’s data shows notable growth in both charging port expansion and utilization across the ChargePoint network and demonstrates that the number of EVs on the road is growing faster than the charging infrastructure needed to support them.
“ChargePoint believes we have entered the next phase of EV adoption. Nearly 60% of the 19.3 billion electric miles we’ve enabled in nearly 18 years took place over the most recent two years,” said Rick Wilmer, Chief Executive Officer at ChargePoint. “New EV sales are no longer the primary benchmark for charger demand, it is the total number of EVs on the road. Those installing chargers in 2026 should see accelerated ROI because of this utilization pressure.”
Automotive industry data indicates that global EV sales increased 20% in 2025 1 , with European sales growing 33% and the U.S. experiencing its second-best year of EV sales ever 2 . ChargePoint is enabling more EV drivers than ever, with more than one million drivers using ChargePoint every month. Of note, vehicles identified as plug-in hybrids (PHEVs) in the ChargePoint mobile app account for 16% of all commercial AC charging sessions managed by the ChargePoint Platform.
Whether charging demand is evaluated by volume or utilization, the data shows that charging sessions are outpacing new charger installation. In 2025, the volume of charging sessions increased by 34%, despite a much smaller increase in the number of vehicles on the road. Even with 190,000 more charging ports becoming available to drivers on the ChargePoint network, charger utilization still outpaced the growth of new ports by almost 20%. This bottleneck may get worse in 2026 unless the rate of charger installation increases.
The increased pace of electrification comes with significant environmental benefits. Since 2007, ChargePoint estimates it has helped avoid the use of 714 million gallons of gasoline. In the process, it estimates it has helped drivers avoid more than $2 billion in gasoline costs and more than 4.5 million metric tons of GHG emissions. Today, ChargePoint gives EV drivers access to more than 900,000 roaming ports in addition to approximately 375,000 public and private ports that ChargePoint directly manages.
ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.
Forward Looking Statement
This release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, the anticipated or expected future growth of the market for EVs in North America and Europe, increasing utilization of EV charging stations by EV drivers, and any acceleration in the return on investment for future or current charging station infrastructure. Forward-looking statements include statements regarding ChargePoint’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “proposed,” “will” and “would” or similar words. These forward-looking statements involve risks, uncertainties, and assumptions, including risks associated with the continuation, acceleration or decline in EV sales and charging station infrastructure deployment in North America and Europe. Additional risks and uncertainties are included in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in ChargePoint’s Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on December 5, 2025, which is available on ChargePoint’s website at investors.chargepoint.com and on the SEC’s website at www.sec.gov . Forward-looking statements are not guarantees of future performance and actual results could differ materially from those expressed or implied by the statements made herein. All forward-looking statements in this press release are based on information available as of the date hereof and ChargePoint assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
About ChargePoint Holdings, Inc.
ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.3 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 16 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site . For media inquiries, contact the ChargePoint press office .
| ___________________ |
1 From Global EV sales reach 20.7 million units in 2025, growing by 20%, Rho Motion, January 2026. |
2 From Despite Q4 Collapse, 2025 EV Sales Decline Only 2% Versus 2024; Policy Shifts, New Product Set Stage for Next Chapter, Cox Automotive, January 2026. |
CHPT-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20260210080766/en/
ChargePoint
John Paolo Canton
Vice President, Communications
JP.Canton@chargepoint.com
AJ Gosselin
Director, Corporate Communications
AJ.Gosselin@chargepoint.com
media@chargepoint.com
FAQ**
How does ChargePoint Holdings Inc Cl A CHPT plan to address the rising demand for EV charging sessions, given the 34% increase in user sessions compared to the 16% growth in new ports?
What strategies does ChargePoint Holdings Inc Cl A CHPT have in place for expanding its charging infrastructure to keep pace with the demand from over 1 million monthly users?
With 16% of charging sessions accounted for by plug-in hybrids, how will ChargePoint Holdings Inc Cl A CHPT adjust its offerings to cater to both fully electric and hybrid vehicle drivers?
As global EV sales grew 20% in 2025, what future projections does ChargePoint Holdings Inc Cl A CHPT have for EV adoption and charging station utilization over the next few years?
**MWN-AI FAQ is based on asking OpenAI questions about ChargePoint Holdings Inc. (NYSE: CHPT).
NASDAQ: CHPT
CHPT Trading
16.45% G/L:
$6.265 Last:
282,041 Volume:
$6.25 Open:
