A comparison between EV Chargers!
1- CHPT:
ChargePoint Holdings, Inc (CHPT) is the largest network of Electric Vehicle charging stations in North America and Europe - and provides solutions through a capital-light model free of monetization of both energy and driver utilization. The company maintains over 70% market share of networked L2 in North America with over 5,000 customers.
Market cap: 7.79 B
Short interest: 5.38%
2- VLTA:
Volta, Inc. operates a network of smart media-enabled charging stations for electric vehicles. The company was founded by Scott Mercer and Christopher Wendel in 2010 and is headquartered in San Francisco, CA.
Market cap: 1.4B
Short interest: 1.96%
3- BLNK:
Blink Charging Co. engages in the operation and provision of the electric vehicles, charging equipment, and networked EV charging services. Its product line and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006, and is headquartered in Miami Beach, FL.
Market cap: 1.3B
Short interest: 30.8%
4-EVGO:
EVgo owns and operates the US' largest public DC fast charging network by the number of locations and is the first EV charging network in the nation powered by 100% renewable electricity. The company was originally founded by NRG Energy in 2010 and listed publicly via a SPAC merger with Climate Change Crisis on July 1st, 2021.
Market cap: 702 Million
Short interest: 13.07%
As you can see the price pattern of these companies has a significant positive correlation..! which means regardless of their fundamentals they move in the same direction!
However, only blink has the chance to experience Short or Gamma squeeze in the coming weeks because of the high short interest%..!
For long-term investors, better to keep in mind these companies should compete with Tesla, no need to say all of them together are worth 1% of the TSLA market cap!
It is highly unlikely they can compete with TSLA in this sector!
I believe the most recent move was due to the Biden infrastructure bill..! and they could experience a correction!
I am watching blink for a potential squeeze opportunity!
ChargePoint Holdings, Inc (CHPT) is the largest network of Electric Vehicle charging stations in North America and Europe - and provides solutions through a capital-light model free of monetization of both energy and driver utilization. The company maintains over 70% market share of networked L2 in North America with over 5,000 customers.
Market cap: 7.79 B
Short interest: 5.38%
2- VLTA:
Volta, Inc. operates a network of smart media-enabled charging stations for electric vehicles. The company was founded by Scott Mercer and Christopher Wendel in 2010 and is headquartered in San Francisco, CA.
Market cap: 1.4B
Short interest: 1.96%
3- BLNK:
Blink Charging Co. engages in the operation and provision of the electric vehicles, charging equipment, and networked EV charging services. Its product line and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006, and is headquartered in Miami Beach, FL.
Market cap: 1.3B
Short interest: 30.8%
4-EVGO:
EVgo owns and operates the US' largest public DC fast charging network by the number of locations and is the first EV charging network in the nation powered by 100% renewable electricity. The company was originally founded by NRG Energy in 2010 and listed publicly via a SPAC merger with Climate Change Crisis on July 1st, 2021.
Market cap: 702 Million
Short interest: 13.07%
As you can see the price pattern of these companies has a significant positive correlation..! which means regardless of their fundamentals they move in the same direction!
However, only blink has the chance to experience Short or Gamma squeeze in the coming weeks because of the high short interest%..!
For long-term investors, better to keep in mind these companies should compete with Tesla, no need to say all of them together are worth 1% of the TSLA market cap!
It is highly unlikely they can compete with TSLA in this sector!
I believe the most recent move was due to the Biden infrastructure bill..! and they could experience a correction!
I am watching blink for a potential squeeze opportunity!
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