ChargePoint has announced the availability of a new charging solution, priced at $699. The company said the Level 2 charger lowers the barrier to entry for fleet electrification, while still enabling access to one of the world’s most advanced fleet and telematics software platforms.

ChargePoint said its CPF50 enables those who are considering electric vehicles for their fleet to affordably procure and install charging, while maximizing the benefits of going electric. The company says fleet operators can optimize their total cost of ownership (TCO) by bundling ChargePoint’s fleet management software which includes real time-visibility of vehicle readiness, power usage and station status; energy management tools to maximize fuel savings; control station access; and simplify complexity and station management with ease using an all-in-one solution.

Multiple CPF50s can be managed from the platform, enabling power sharing via the cloud to reduce charging costs and optimize battery health, and can be configured with either J1772 or NACS connectors to meet any fleet’s needs, regardless of vehicle or connector type, according to the company.

“ChargePoint has always been committed to making it easy for everyone to go electric, whether they be a driver, a business, or a fleet,” said Rick Wilmer, CEO of ChargePoint. “With our lowest cost charger for commercial vehicles, we have a solution that makes charging more accessible for small businesses who want to electrify their fleet, or for large fleets that are focused on reducing total cost of ownership. We’re making the hardware more affordable, and when combined with our powerful fleet software platform, the offering can meet the charging needs of fleets of all sizes to optimize their savings.”

From the $699 CPF50 up to a Megawatt Charging Solution, ChargePoint said it enables fleets of all sizes to seamlessly go electric.