

This will increase the company's network to more than 300,000 total charging spots, giving EV drivers more options for topping up their cars.ĬhargePoint stock has fallen due to weak investor sentiment towards the company and the EV industry as a whole amid the ongoing price war fueled by industry leader Tesla. This includes over 31,000 publicly available charging spots in the US alone.Īs its network grows exponentially, the company aims to deploy 2.5 million charging spots in North America, Europe, and Asia over the next few years. The company boasts of having approximately 48,000 public charging spots across the world. However, Chargepoint is a loss-making company even as it invests heavily in building out its network of EV chargers across the United States and Europe. The company announced that it would be adopting the Tesla NACS connector for new and existing stations shortly after Tesla’s announcement. Luckily for CharegPoint, the company included the Tesla charging infrastructure within its charging units to avoid being left behind by such a crucial industry trend. NASDAQ does not use this value to determine compliance with the listing requirements.800+ tradable assets are available for CFD trading in forex, shares, indices, commodities and cryptocurrencies. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). It does not include securities convertible into the common equity securities. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent.

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