ChargePoint Faces EV Charger Demand Drop, Despite EV Boom

ChargePoint, the largest US EV charging network, anticipates a temporary dip in demand following the expiration of the federal EV tax credit. Despite this, CEO Rick Wilmer remains optimistic, citing strong EV owner loyalty and the influx of new electric vehicles from various manufacturers. ChargePoints third quarter revenue increased, and theyre poised for profitability as the market recovers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.