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EVgo Vs. ChargePoint: Analyst Verdict On Which Stock Leads The EV Charging Race?
EVGOEVgo (EVGO) Benzinga·2024-10-03 15:58

When it comes to electric vehicle (EV) charging stocks, EVgo Inc EVGO is set to outperform. ChargePoint Holdings Inc CHPT, however, struggles to maintain momentum. EVgo: Charging Ahead The Los Angeles-based company has a scalable business model and higher utilization. EVgo's owner-operator model has given it a distinct edge in a market where EV sales have been slower than anticipated. According to JPMorgan's Bill Peterson, EVgo's fast-charging business is "scaling well with higher utilization and charge rat ...