Fisker taps ChargePoint as official public charging partner for North America
Fisker Inc. has announced Level 2 and DC Fast charging network ChargePoint as its North American partner to support its incoming EVs. The collaboration will provide future Fisker Ocean owners with access to over 400,000 roaming ports, including 16,700 fast chargers.
The second iteration of Fisker ($FSR) began production of its flagship EV, the Ocean, this past November with the help of Magna Steyr in Austria. Its limited edition One trim is already sold out as the American EV automaker continues to ramp up overseas and get the long-anticipated SUVs into the hands of reservation holders.
When those deliveries do arrive in the US and Canada, Fisker customers will be able to more easily locate and access the ChargePoint ($CHPT) network of managed and charging partner stations. Since its inception in 2007, ChargePoint has delivered over 145 million charging sessions to EV drivers across North America and Europe and now looks to add Fisker drivers to its customer base.
Fisker and ChargePoint team up in North America
According to two separate press releases from each company, the new collaboration will give Fisker drivers with access to over 210,000 active charging ports managed directly by ChargePoint and over 400,000 roaming ports with partners. ChargePoint states that the roaming chargers combined with its nearly 17,000 DC fast chargers equate to over 80% of the public charging locations in North America.
As soon as customers in the US and Canada take delivery of their shiny new Fisker Ocean, they will be able to use the SUV’s navigation system to locate ChargePoint and roaming partner stations. They can also use the ChargePoint app. Either way, drivers will be able to filter for DC fast chargers and plan their route to their desired charger, all while receiving calculated arrival times. Chairman CEO Henrik Fisker spoke:
The minute they get their new Fisker Ocean, our owners want convenient and easy-to-locate public charging stations, a quick, easy experience when using a public charger, and super-simple payment options. Together with ChargePoint, we are providing a class leading public charging option for Fisker owners at delivery. ChargePoint is a leading charging network in North America, and their commitment to sustainable mobility makes the partnership a perfect fit for our customers and our business.
Unlike automotive partnerships with other charging networks (like Electrify America, for example), there does not appear to be any complimentary charging on the ChargePoint network included in a Fisker Ocean purchase, just streamlined access to its charger search tool. There are also no updates at this point regarding Fisker Ocean deliveries in North America, but the ChargePoint network will be ready when those EVs arrive.
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Environment
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
Those numbers represent more than 50% growth in EV registrations – far beyond the expected 12% first-quarter increase nationally being projected by Cox Automotive. (!)
What’s going on in Illinois?
While President Trump and Elmo were running for re-election, they campaigned on the threat promise of canceling the $7,500 federal tax credit for EVs. Along with California Governor Gavin Newsom, Illinois’ Governor JB Pritzker made countermoves – launching a $4,000 rebate for new electric cars and up to $1,500 for the purchase of a new electric motorcycle.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
We covered the launch of those incentives when the program was announced at Chicago Drives Electric last year, but the message here is simple: incentives work.
SOURCES: Chicago Business, Ray Cunningham; featured image by the author.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.
We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.
SOURCE | IMAGES: XCMG.
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