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Why ChargePoint Holdings Stock Blasted 10% Higher Today
Frost & Sullivan was impressed that ChargePoint has carved out the highest market share on that continent, out of the more than 18 charging companies it surveyed. ChargePoint said in a press release touting its award that Frost & Sullivan believed it “offers a robust portfolio of hardware, software, and support services catering to commercial, fleet, and residential EV customers.” It has over 163,000 charging points that are operational; of these, 45,000 are in Europe, an important market for the company.
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