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ChargePoint Stock: Bull vs. Bear

TheMotleyFool

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According to a report by the International Energy Agency (IEA), electric car sales reached 6.6 million in 2021 compared to 3 million in 2020 and 2.2 million in 2019. That brings electric car global market share to 9% compared to just 2.5% in 2019.

Selling more cars is one thing, but supporting those cars through a safe and reliable network of electric vehicle (EV) charging stations is vital for mass consumer adoption. ChargePoint Holdings (NYSE: CHPT) has a dense network of charging stations in North America and Europe. Let's determine if the stock is a good buy on sale or if investors are better off following the company from the sidelines.

Image source: Getty Images.

Source Fool.com

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