Gatik Partners with ChargePoint to Develop Electric Ecosystem

ChargePoint® and Gatik partner to develop an electric ecosystem for autonomous electric medium-duty trucks

CAMPBELL and MOUNTAIN VIEW, Calif. – March 28, 2022 – ChargePoint (NYSE: CHPT), a leading electric vehicle (EV) charging network, and Gatik today announced a strategic partnership to develop an electric ecosystem for autonomous vehicles designed to maximize sustainability, operational efficiency and economics for ChargePoint and Gatik’s customers across North America. Through the partnership, infrastructure and integrated services will play a significant role in helping to decarbonize the B2B short-haul logistics sector and will offer a simple and seamless solution to help Gatik and ChargePoint’s customers meet their corporate sustainability goals.

“Our partnership with Gatik will help more fleets to realize their e-mobility and decarbonization goals,” said Rich Mohr, Vice President, Fleet at ChargePoint. “ChargePoint has proven experience across multiple customer applications and use cases. Together, ChargePoint and Gatik will provide industry-leading infrastructure and technologies for forward-thinking fleets.”

“Gatik’s autonomous electric fleet is uniquely positioned to increase efficiency and reliability across the supply chain’s middle mile, and drive sustainability across critical operational metrics
for our customers,” said Arjun Narang, Co-founder and CTO at Gatik. “Our partnership with ChargePoint will ensure that we’re not only meeting intensifying demand for our product offering and service, but offering our customers access to national charging infrastructure and a wealth of technical advantages to support them in meeting their corporate sustainability goals.”

Customers transporting goods in Gatik’s autonomous electric fleet will have access to
ChargePoint’s expertise in site design, interoperability validation, and lower investment costs. Gatik will also have access to a nationwide charging network and fleet-specific software that provides telematics intelligence configurable to each customer’s operations, as well as modular charging hardware to minimize upfront costs by reducing required electrical capacity. This strategic electric ecosystem collaboration for the middle mile will play a key role in the electrified logistics sector.

Powered by ChargePoint’s scalable and reliable charging technology, Gatik launched the
industry’s first autonomous electric box trucks with Walmart in 2021, a groundbreaking solution offering hyper-efficient goods movement, significant emissions reductions and impactful savings on fuel and powertrain maintenance costs. As the retail, E-commerce and logistics sectors look to decrease their carbon footprints, demand for Gatik’s product offering among national retail and E-Commerce giants has soared, leading to rapid expansion of ChargePoint’s infrastructure at Gatik’s vehicle depots and customer locations across existing and emerging markets.

With consumer expectations for real-time access to goods increasing faster than the most
confident predictions, there has been an influx of freight-moving vehicles added to North America’s roads. This has made sustainability both a collective challenge and a collective responsibility for leaders in the logistics industry to contend with. Gatik’s partnership with ChargePoint ensures customers have access to Gatik’s class 3-6 autonomous electric fleet and ChargePoint’s charging infrastructure and integrated services to support a cleaner, more efficient and sustainable logistics sector.