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Electric Vehicles To Receive New Investment

BMW has made an investment in Coulomb Technologies, a maker of charging systems for electric vehicles.

Coulomb Technologies’ ChargePoint system connects 14 countries worldwide through an electric charging infrastructure that is capable of supporting a large number of electric vehicles.

BMW’s investment in the company and its technologies may have promising implications for the future of electric vehicles.

BMW believes that its support of the ChargePoint system will help hasten the establishment of a comprehensive electric infrastructure for a new generation of vehicles. Infrastructure has been a serious issue for the auto industry in its efforts to promote alternative energy vehicles.

ChargePoint may be a viable way to give consumers a positive experience in recharging their electric vehicles. The software installed in the stations is designed to help consumers manage electric charging services. This software may also help promote electric vehicles and win over consumers that have, thus far, been on the fence concerning alternative energy transportation.

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