ChargePoint and OBE Power Partner to Expand EV Charging at Multifamily Residences

Why It Matters

By removing financial and operational hurdles for property owners, the partnership accelerates EV charging availability for renters, a critical step toward broader electric‑vehicle adoption in the United States.

Key Takeaways

• OBE Power will install ~2,500 EV chargers starting 2026
• ChargePoint becomes exclusive tech provider for OBE Power's multifamily projects
• Landlords avoid upfront costs; OBE Power handles maintenance and carbon credits
• Multifamily EV charging addresses the 80% home‑charging gap for renters
• Partnership builds on prior hospitality deployments, scaling to residential sector

Pulse Analysis

The United States is witnessing a rapid surge in electric‑vehicle registrations, yet the Department of Energy notes that about 80 % of charging occurs at home. Tenants in apartments and other multifamily dwellings lack that convenience, creating a sizable market gap. Developers and property owners have been hesitant to invest because of high upfront capital, uncertain utilization rates, and the complexity of operating a charging network. As a result, millions of potential EV drivers remain dependent on public stations, slowing the overall transition to electric mobility.

The new alliance between ChargePoint and OBE Power tackles those obstacles head‑on. Under the agreement, OBE Power will roll out roughly 2,500 charging ports beginning in 2026, using ChargePoint’s hardware, cloud‑based software, and support services. OBE Power assumes full responsibility for installation, ongoing maintenance, insurance, and even carbon‑credit revenue management, allowing landlords to offer charging without any capital outlay. By bundling hardware, software, and operational expertise, the partnership creates a turnkey solution that aligns the interests of property owners, residents, and the broader EV ecosystem.

Industry analysts see this move as a catalyst for scaling multifamily EV infrastructure across the country. Competitors such as Tesla, EVgo and Greenlots are also courting property managers, but ChargePoint’s extensive network and OBE Power’s owned‑and‑operated model give them a distinct advantage in speed to market. If the rollout meets its targets, the partnership could unlock billions in ancillary revenue—from usage fees to carbon‑credit sales—while accelerating EV adoption among renters. The success of this model will likely influence future financing structures and encourage more investors to back similar turnkey charging projects.