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Did Starbucks Just Become an EV Stock?

Justin Pope, The Motley Fool
·3-min read
Did Starbucks Just Become an EV Stock?

Coffee chain Starbucks (NASDAQ: SBUX) announced a partnership with automaker Volvo and electric charging station company ChargePoint last month. The announcement includes a deal to install Volvo-branded electric vehicle (EV) charging stations made by ChargePoint along a 1,350-mile route from the Colorado Rockies to Starbucks' headquarters in Seattle. The chargers will be installed at Starbucks locations along the way, with up to 60 chargers spread across up to 15 stores by year-end.

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