ChargePoint (CHPT) Presents Safeguard Care For Better Charging Station Reliability

ChargePoint Holdings, Inc. (NYSE:CHPT) is one of the best meme stocks. On July 29, ChargePoint launched Safeguard Care, a new service that monitors the reliability of its electric vehicle charging stations. The company made $408 million in revenue over the past year and is looking for new ways to earn money while keeping cash burn under control.

The program, now active in six markets, sends trained service staff to regularly check charging stations and fix common problems during their visits.

During each Safeguard Care visit, the team inspects the charging station and surrounding area, cleans it, makes minor repairs or adjustments, and runs a test charge to make sure everything works. Problems that cannot be fixed on-site are sent to ChargePoint support for follow-up.

JD Singh, ChargePoint’s Chief Customer Experience Officer, mentioned that Safeguard Care shows the company’s focus on providing reliable charging. The service is aimed at busy and widely spread charging stations, like those in cities, parking garages, and workplaces, especially for owners who don’t have staff to maintain them. It works alongside ChargePoint’s Assure service by adding on-site inspections.

ChargePoint Holdings, Inc. (NYSE:CHPT) offers EV charging networks and solutions in North America and Europe.

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