AcBel Polytech Inc., a leading power supply manufacturer under Kinpo Group, announced a significant collaboration with ChargePoint, a leading provider of networked charging solutions for electric vehicles (EVs), to develop EV charging solutions. Specifically, this collaboration will leverage the resources of Kinpo Group and ChargePoint’s portfolio of EV charging solutions to expand AcBel’s presence in the electric mobility market. It marks the first time AcBel has integrated resources from Kinpo Group to optimize corporate interests.
Mainly, the key to this collaboration lies in combining ChargePoint’s leading position in the charging station market. Also, it leverages AcBel’s expertise in power design and Kinpo’s electronic manufacturing capabilities to develop more advanced, reliable charging services.
With over 40 years of experience in power design, AcBel is committed to providing efficient and reliable power solutions. The collaboration with ChargePoint will enable AcBel to combine its expertise with charging technology to design and develop ChargePoint’s portfolio of EV charging solutions to meet the growing demands of the EV market. Meanwhile, Kinpo Group, with its rich expertise and production capacity, will provide greater flexibility and creativity in design and manufacturing through this collaboration. Accordingly, it will further enhance AcBel’s position in the charging equipment market and accelerate Kinpo Group’s development in the EV charging field.
ChargePoint is a leading supplier of networked EV charging solutions in North America and Europe. It has a vast network of charging infrastructure with more than 274,000 active ports under management across two continents. Through this collaboration, it will gain access to additional engineering, design, and production resources that will bring its product portfolio to market faster and at lower cost.
Jerry Hsu, Chairman of AcBel, stated, “This year marks a year of transformation for AcBel, and this collaboration not only expands AcBel’s EV business territory but also creates successful cases of optimizing corporate interests. However, this is just the beginning, and there will be more projects and cooperation with the group to create win-win situations in the future.”
Andrew Chen, CEO and General Manager of Kinpo Group, commented, “Combining Kinpo’s communication and automation production technology with AcBel’s power design capabilities and ChargePoint’s market-leading position, we believe this strong alliance will not only strengthen Kinpo Group’s competitive position in the EV charging market but also inject new momentum into the global EV market.”
Rick Wilmer, CEO of ChargePoint, also expressed excitement about the collaboration, stating, “This collaboration with AcBel represents a significant milestone in the evolution of our product development strategy, and is a key component of our focus on execution and operational excellence. With Kinpo Group, we have had a trusted manufacturing partner, and now with this expanded partnership we have a co-development partner who will enable us to bring our portfolio of world-class EV charging solutions to market faster while driving significant product cost and operating expense savings – all with no compromises to our leading quality, reliability, and durability standards.”