Reuters EVGO vs. Blink Charging: Which electric vehicle infrastructure is a good choice in stock?
Electric vehicle (EV) charging infrastructure companies such as EVGO (EVGO) and Blink Charging (BLNK) are unprofitable but sales are forecast to grow at an indicative rate in the future. Which of the two stocks should be part of your portfolio today? For example, one of the main reasons for EV adoption is the expansion of charging infrastructure.
According to a report by Research and Market, the global electric vehicle charging infrastructure market in 2020.4. It is projected to increase from billion 1 billion to 7 7.72 billion in 20226, indicating an annual growth rate of .21.22% during this period.
A rapidly expanding addressable market is always a positive development for growth investors that produces stocks like Evgo (EVGO) and Blink Charging (BLNK) 2021 and beyond. Let’s see which EV charging company should be part of your portfolio today.
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