Workflow
If You Can Only Buy One EV Charging Stock in April, It Better Be One of These 3 Names
BEEMBeam (BEEM) InvestorPlace·2024-04-09 16:26

U.S. auto sales for the first quarter (Q1) were up 5%, but EV market growth continues to decelerate. High interest rates have aggravated the situation, dampening consumer demand and weighing down EV charging stocks.Nevertheless, U.S. and international legislation continues to support the EV industry and the rollout of comprehensive charging networks. Though it may seem like a tall order for the EV market to rebound, its long-term growth trajectory suggests that it’s only a matter of time. Hence, the EV sect ...