Core Viewpoint - The electric vehicle (EV) industry is experiencing slower adoption than anticipated, leading to dampened investor sentiment, but long-term investors may find it an opportune time to buy EV stocks [1] Group 1: EV Charging Stocks - Blink Charging (BLNK) has shown resilience with a 73% year-over-year revenue growth to $37.6 million in Q1 2024, and it is expanding its presence in Europe while maintaining a strong North American market [5][6] - Wallbox (WBX) reported a 23% year-over-year revenue growth to 43.1 million euros in Q1 2024, and with the acquisition of ABL, it is expected to accelerate revenue growth [11][12] - Evgo (EVGO) achieved a remarkable 118% year-over-year revenue growth to $55.2 million in Q1 2024, despite facing cash burn issues, and aims for adjusted EBITDA break-even by 2025 [15][16]
The 2028 Millionaire's Club: 3 EV Charging Stocks to Buy Now