3 Issues to Watch Like a Hawk If You Buy ChargePoint Stock
As demand for electric vehicles (EVs) increases, there will be an increasing need for the infrastructure to support EV use. It isn't enough to just build the cars -- the world also needs the ability to power them.That is what ChargePoint (NYSE: CHPT) is building. It could be a huge opportunity, but there are still very real risks. Here's a look at what ChargePoint does and three things that ChargePoint investors will want to watch like a hawk as it builds out its charging network.From a big-picture perspective, ChargePoint is building an EV charging network. But there's a lot that goes into this effort. Unlike gasoline-powered vehicles, charging an EV can take place in far more locations.Continue reading
As demand for electric vehicles (EVs) increases, there will be an increasing need for the infrastructure to support EV use. It isn't enough to just build the cars -- the world also needs the ability to power them.
That is what ChargePoint (NYSE: CHPT) is building. It could be a huge opportunity, but there are still very real risks. Here's a look at what ChargePoint does and three things that ChargePoint investors will want to watch like a hawk as it builds out its charging network.
From a big-picture perspective, ChargePoint is building an EV charging network. But there's a lot that goes into this effort. Unlike gasoline-powered vehicles, charging an EV can take place in far more locations.
