Electric vehicle charging stocks were among the hottest on the market in 2020, but that's changed in 2021. Shares of Blink Charging (NASDAQ: BLNK), ChargePoint Holdings (NYSE: CHPT), and EVgo (NASDAQ: EVGO) are down sharply over the last six months, and show no sign of turning around. There are reasons to be excited about electric vehicle charging as a growth business, but there are also challenges ahead.
The "Tesla of China" might be a better place to park your EV dollars.
While Ford (F) ties up with Redwood Materials for EV battery recycling, Li Auto (LI) cuts delivery view for the third quarter of 2021 amid chip crisis.