Why Investors Were Electrified by EV Battery and Charging Stocks Today
CHPTChargePoint(CHPT) The Motley Fool·2024-02-13 08:34

Electric vehicle (EV) stocks were stop-and-start on Monday, with some pulling ahead and others lagging behind. More consistent gains were found in the adjacent EV battery and charging segments, with top titles generally beating the market on the week's first trading day. ChargePoint (CHPT 5.58%) did particularly well, rising by nearly 6%, while power pack developers QuantumScape (QS 4.65%) and Freyr Battery (FREY 3.80%) closed the day a respective 4.6% and 3.8% higher. A new EV discount and a low-priced Che ...