ChargePoint CEO Believes We’ll Say Goodbye Traditional Refueling Methods Forever – Video


On CNBC, ChargePoint CEO Pasquale Romano, in being interviewed by Martin Soong, presents a statement that most of us probably believe to be true: traditional refueling methods (for example, gas stations) will eventually disappear forever as buyers move to electric cars.

Here’s video of the interview:

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37 Comments on "ChargePoint CEO Believes We’ll Say Goodbye Traditional Refueling Methods Forever – Video"

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I believe ChargePoint will disappear forever too.

It’s stupid to be forced to carry a (deposit needed) ChargePoint card when I only need it to activate a free charging station.

It’s stupid to be forced to carry charge cards for the various different charging networks around here. If I have to pay, I want to be able to just use my credit card and not have to carry yet more cards in my wallet.

You don’t need the card to activate a station. You can use your smartphone to activate a station instead but the card is probably much faster/easier.

Also, not all ChargePoint stations are free.

Also, you do realize that credit cards aren’t free to use either. They add 2-3% of the total per transaction.

2% of a $30 deposit transaction is the same as 2% of 6 $5 charging transactions. They do it for the same reason restaurants push gift cards. 40% of gift cards leave some balance unspent.

I’ve had a ChargePoint card for over two years and I’ve never been forced to make a deposit. Furthermore, my workplace has ChargePoint chargers and none of our employees have ever been required to make a deposit in order to get a card.

I’m pretty sure you only need to make a deposit if you try to use a station that is set up to charge fees (in some scenario), which only makes sense.

I don’t know why we can’t just swipe our credit cards to activate a charger, and if it is free then there will be no charge. Why in the world do we need a middleman, like ChargePoint and all the others?

Chargepoint installed the chargers. Getting Visa and/or MasterCard involved will be adding a middleman who will want a cut of the action.

Well, for one Chargepoint doesn’t just do the charging, but also enables reservations (if allowed by the owner of the charger), remote monitoring of the charge state, reviewing past charging data etc. It’s actually quite a nice system.

You can use only your credit card at a chargepoint station. It just has to be one of the newer cards with the rfid chips in it. The reason for the membership card model is because they want to keep track of who is charging at their stations and for how long and how often. The government gave grants to these charging station companies and in exchange the companies turn over the data about charging electric cars. I think it was called the EV project. I love the free stations too, but that business model is just not sustainable. Look what happen to Blink. I wouldn’t rag on Chargepoint at all. They were the first one to install a charge station in Philadelphia near my house in South Jersey. This was in 2010 when the only other way i could charge on the road was stopping at a campground and using their 14-50 outlet. I joined the chargepoint network first, then Semaconnect, Blink, and Greenlots. There is still most of my $25 in my Chargepoint account from 2010 and i have no problem with that. The Chargepoint stations have been the most reliable stations i encounter on my ev road… Read more »

I see ChargePoint going belly up within the next 10 years and see Tesla TAKING OVER THE WORLD AND ENSLAVING US ALL.

Oddly I was reading that Tesla working on self driving cars if it gets out of control could put 8.5 million truckers out of work along with ten million people that support the trucker industry if they let the self driving cars go to far.

Ah yes.. the horrible polluting trucking industry, put into place by GM et al early last century when they colluded to destroy various regional rail systems (many electric).

I personally would like to see the grand old streetcar systems from the 1910’s come back in that they had a lot of jobs for people. They also shipped cargo and passengers. Not to mention you could go from Chicago to New York on the streetcars and not need a car.

What you are saying is sheer madness.

The interstate highway system (built in the 1950s) is arguably the single biggest reason for the U.S. ascension to the top of the world economy.

And what’s more, the 20th-century industrial market for electric rail vs. coal-powered rail makes 21st-century EVs look like a market behemoth in comparison.

Not my point. Trucks are way more polluting than trains, of any type. But, of course the auto-makers wanted to sell trucks, not trains.

At one time 96% of Americans worked in Agriculture and by modern standards we were dirt poor.

Good thing Luddites kept mechanization out of American agriculture to save all those jobs.

Good thing we don’t have an economy were 4% of workers produce all the food we need plus and we don’t have workers innovating in new industries.

We can’t compare what the world was a 100 years ago in that we are entering unknown lands with this extremely fast paced set up of machines and automation taking our jobs.

A hunderd years ago people left the farms to work in factories. Now a lot of the factories and computer based jobs that were set up to replace the factory jobs have gone over seas.

If you want to see what the world will look like in 25 years go visit Southwestern Virginia. The reason why I think Southwestern Virginia is what the world will look like in the future. Is that all the mining and factory jobs closed down along with the textile factories going out of business due to outsourcing in the 1980’s. At the same time they tried to use computer jobs but that all got shipped overseas. Now what is left is decay and poverty.

Now think of what’s going to happen when the corporations put outsourcing our jobs to automation and robots into high gear. The Southwestern Virginia Effect will get to chew and devour it’s way though the United States Economy.

Gets out of control? You mean if it works as it should.

Having jobs for the sake of just having jobs is ridiculous.

It’s great that people get to do less work or more educated and innovative work (which will lead to less workers needed in most businesses and areas).

Look at Norway or the Netherlands where people on average work less than 30 hours per week. Time can be spent on much more important things than working.

The reality is that not everyone can spend a $100,000 along with four years of their life to go to collage.

Also the Trucking Industry has 8.5 million people driving trucks and 10 million support jobs.

Also Europe’s Economy is falling apart due to outsourcing.

Pet peeve … posting an article on an event from months back without noting the date of the actual event.
Nothing wrong with covering older news, just would be nice to have transparency on context.

In this case an interview from March 26, 2015 at Young Professionals event hosted by CNBC.

I hope they are not taking video & Recording my conversations when I am driving in my Tesla…(()*&@#$%*&^%!!:”(*&^%$!Q@W#$%^>:{“}___&…….

The thing about Charge Point and Plug share is is several chamo quick chargers in the blink and Charge point system have been downgraded from level 3 to level two. I wish they would take those off of the map. Also I wounder does charge point have the power to upgrade their existing level two chargers to level three chargers in their system on their own.

I’m really starting to get depressed about you can go weeks and weeks without new quick charger opening up in America. This is depressing considering we have 300 million cars on the roads and a 150,000 gas stations. But yet we still only have several hundred quick chargers.

As for Tesla as far as I care they don’t exist in that I can’t afford a $75,000 dollar car

This is a joke. Half the Chargepoint EVSEs I encounter are out of order. There’s no ownership in the estsblishments hosting them. One has to call the 800 number on them to reboot. Very inconvenient. This model won’t work.

Actually, there is. The establishments own those stations. Complain to the establishments.

1/2? Really? I use chargepoint stations pretty frequently and they usually work. And the one time one was broken i used their system to report it and was still able to use the 120V port.

What a bunch of whining free loaders. Nothing comes free in this world. If your not willing to help pay for the service keep your ass home & charge there.

Yeah, I get annoyed when people whine about having to pay to use a charger. As I always say, what you are paying for is not the electricity, you are paying for the charger itself, the installation of the charger, the parking space, the maintenance of the charger, etc. The electricity is peanuts.

Nobody posting here seems to understand ChargePoint’s business model, and all seem to be under the impression that ChargePoint sets the station rates and sells the electricity dispensed by the stations. Neither is true.

ChargePoint only manufactures, sells/leases, installs, and operates the stations. Each station is PAID FOR by the property owner where it is installed (e.g., public municipality, private business, etc.). That OWNER sets the station rates (sometimes free, sometimes not). That OWNER supplies the stations with electricity and pays the electric bill.

ChargePoint does NOT set the rates. ChargePoint does NOT sell electricity.

In central Florida chargepoint manages the network but subcontractors install the stations,e.g
, nova charge come to mind.

Thanks for the clarification.

My main point, though, was that many who post here complaining of “ChargePoint’s rates” and “broken stations” mistakenly believe that ChargePoint is “greedy” or “doesn’t maintain the stations”, etc.. When, rather, they should be pointing their fingers at the property owners where the stations are installed. It is THEY who set the rates and are responsible for maintenance.

Gasoline stations will not disappear..they only have to install quick charging stations and provide chademo, CCS, Tesla quick charging standards to remain in business. And business will be good in the future as self driving BEVs hit the roads.

On google streetview I once wrote down a list of charging station ideas for a electric car charging company.

About 35% of the locations I picked out were at gas stations in that they were the only place around for miles and miles. Also a lot of the gas stations were pretty big with restaurants and stores inside of them.

I think it’s good that future minded gas station owners put in quick chargers.

Of all the comments/complaints here, nobody really brings up a different public charging model. I personally really like Tesla’s model, and I don’t understand why other manufacturers haven’t copied it. I would gladly pay an extra $1000 or so for an EV that included public charging “membership” for life, and why can’t the J1772/Chademo/CCS provide the necessary info about the vehicle to do the billing/tracking/monitoring capabilities?

Go ahead and use the cars connection to bill the charging sessions KWH at the going electricity rate to cover the day to day costs, and use the per vehicle $1000 investment towards maintaining and expanding public charging (especially L3 at places that are a typical 15-30 minute stop – ie fast food/Coffee shops/etc). Seems like a no brainer to me!

Well, an auto manufacturer would have to believe in the future of electrification for that to happen.

When you’re in the business of making fax machines, it’s really hard to start investing in e-mail.

Yes. If you are unsure that electrification is the future, or have a stable of old ice horses in the barn then you are torn between two masters. A house divided… Tesla has gone whole hog backing electric vehicles. It’s the only horse they have in the race.

The idea that drivers resent authenticating at the point of refuel goes against several hundred million existing examples worldwide.

I’m much happier paying with my credit card (that works at every gas station I’ve been to in the last 20 years) than I would be with a car that automatically authenticates to the Tesla network… which is incompatible with the ChargePoint network, or the Bl!nk network, or every other competing network.

There are already several worldwide payment networks. We don’t need more of them.

Public charges with fees of 0.45 to 0.75 cents per Kw/w are not competitive with Gasoline. Home charging still the best, in my apartment complex no one uses the public charger of Chargepoint because is too expesnsive, itdoes not make sense to have unused charger collecting dust.