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Needham downgrade EV charging operators citing low visibility on growth

By Yahoo! Finance   |   1 year ago
Needham downgrade EV charging operators citing low visibility on growth

Needham downgraded EV charging operators Blink Charging Co and ChargePoint Holdings Inc to Hold due to uncertain demand recovery and market challenges. The delay in federal support and potential removal of EV tax credit could impact long-term EV adoption and charging equipment demand.

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