Better Electric Vehicle Charging Stock: Volta or ChargePoint
Electric vehicle charging company Volta (NYSE: VLTA) went public on Friday after merging with special purpose acquisition corporation Tortoise Acquisition Corp. II. The merger adds one more name to the universe of publicly traded electric vehicle charging stocks, the other ones being ChargePoint (NYSE: CHPT), Blink Charging, and EVgo. ChargePoint has the largest EV charging network in the world. Let's see how Volta compares with it.
Let's begin by comparing some of the basic operational and financial numbers and projections for the two companies.
Data source: ChargePoint, Volta
Source Fool.com