In several sectors, ranging from medical and electrical equipment to pharmaceuticals, the two sides have agreed that European organisations can test goods to American standards on behalf of American testing organisations, and vice versa.

ECONOMIST: Are regional trade agreements a good idea?

The combined company will build on standards work being done by NEMA (the Association of Electrical and Medical Imaging Equipment Manufacturers) and will make the protocols and interoperability standard available to any EVSE network operator for a small licensing fee, according to Pat Romano, president and CEO of ChargePoint.

FORBES: EV Charging Networks Join Forces

Today the company's products end up in goods ranging from cars to electrical goods, cosmetics, sports equipment and medical devices.

ECONOMIST: BASF and the chemical industry