What to Know Before Buying These Electric Vehicle (EV) Charging Stocks

In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why pure-play electric vehicle charging stocks EVgo (NASDAQ: EVGO) and ChargePoint (NYSE: CHPT) might look appealing but have serious flaws investors should know about, and why they may struggle to compete against Tesla and others with more diversified businesses.

*Stock prices used were from the afternoon of Jan. 8, 2025. The video was published on Jan. 10, 2025.

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Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.