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ChargePoint announces reorganization

ChargePoint, a provider of electric vehicle (EV) charging solutions, introduced a strategic reorganization to improve financial performance and foster growth. The reorganization includes a reduction of about 12% of its global workforce. The company said its reorganization is expected to result in approximately $14 million in restructuring charges, comprising around $10 million in severance and…

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Design Engineering Inc. debuts fire blanket for EV safety

Design Engineering Inc. (DEI) recently released its EV Fire Blanket, which the company says has been engineered specifically for the evolving landscape of electric vehicle (EV) technology, particularly concerning lithium-polymer (LiPo) batteries and electrical systems. With a 30-minute burn-through time, the company says the EV Fire Blanket provides a window for containment and suppression in…

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