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Why ChargePoint and Blink Charging Could Fall Even Further

TheMotleyFool

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Why ChargePoint and Blink Charging Could Fall Even Further

The fall for electric vehicle charging stocks has been steep over the past year, and I don't think we're done with the sell-off yet. You can see below that ChargePoint Holdings (NYSE: CHPT), Blink Charging (NASDAQ: BLNK), and EVgo Inc (NASDAQ: EVGO) are all down over 30% in the past year and still declining.

Some of this decline could be because growth stocks are down overall, but I worry that the problems are much deeper for these companies. Here are the three reasons to worry about them all long-term.