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Why EV Charging Stocks Could Fall Further

·3 min read
Why EV Charging Stocks Could Fall Further
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Electric vehicle charging stocks were among the hottest on the market in 2020, but that's changed in 2021. Shares of Blink Charging (NASDAQ: BLNK), ChargePoint Holdings (NYSE: CHPT), and EVgo (NASDAQ: EVGO) are down sharply over the last six months, and show no sign of turning around. There are reasons to be excited about electric vehicle charging as a growth business, but there are also challenges ahead.