Proving the Business Case for the Internet of Things

ChargePont acquires Kisensum to boost fleet offerings

Steve Rogerson
July 11, 2018

California-based electric vehicle (EV) charging network ChargePoint has acquired smart grid firm Kisensum. The acquisition comes as ChargePoint embarks on its most aggressive period of growth in its ten-year history, deepening its portfolio as the market transitions to fleets and electrification.
The entire Kisensum team will join ChargePoint, maintaining Kisensum’s current offices in Oakland, California. The team will continue to focus on developing and deploying fleet energy products, providing consultation services and support for existing customers and pilot projects.
“We will continue to focus on developing and deploying our fleet energy solution, providing consultation services and support for existing customers and pilot projects, while expanding our offering in the future,” said a Kisensum statement.
An estimated 37 million EVs will travel more than 600 billion kilometres per year by 2025, increasing to more than 520 million EVs traveling 20 trillion kilometres per year by 2040. It is estimated that by 2040, 55 per cent of new car sales and 33 per cent of the global car fleet will be electric. The fleetification and electrification of mobility are motivating governments, utilities and businesses to prepare for the changing face of transportation.
“More than a decade ago ChargePoint’s founders had the foresight to anticipate the electrification of passenger vehicles,” said Simon Lonsdale, chief strategy officer at ChargePoint. “With the same pioneering spirit, ChargePoint is increasing its investment to support the fleetification of everything.”
He said the Kisensum team had built the most versatile fleet and energy management software platform in the industry, with a collection of customers that represented some of the most forward-thinking companies preparing for the electrification of transportation.
“Bringing Kisensum into the ChargePoint team broadens our portfolio and enables our team to offer solutions for a wide array of challenges facing fleet operators as they prepare for the future of mobility,” he said.
The ChargePoint fleet energy offering, incorporating Kisensum cloud services, will be the first fully integrated service that gives fleet managers a single integration point for energy and charger management, connecting with their existing vehicle telematics and fleet scheduling platforms. With this level of integration, fleet managers can control and optimise grid services, local renewables generation and energy storage.
Predictive capabilities enable forecasting of future use, reducing cost and increasing efficiency. This provides levels of control, insight and information. Available globally, it can help managers around the world manage any OCPP-compliant stations, in any country where ChargePoint operates.
With more than 51,000 independently owned public and semi-public charging spots and thousands of customers, ChargePoint claims to be the only charging technology company on the market that designs, develops and manufactures hardware and software across every use case.