© Reuters. EVgo vs. Blink Charging: Which Electric Vehicle Infrastructure Inventory is the Better Choice?
Charging infrastructure companies for electric vehicles (EV) such as EVgo (EVGO) and Blink Charging (BLNK) remain unprofitable, but are expected to increase sales exponentially in the future. Which of the two should you add to your portfolio today? One of the key factors for the introduction of electric vehicles is, for example, the expansion of the charging infrastructure.
According to a report by Research and Markets, the global electric vehicle charging infrastructure market is projected to grow from $ 7.4 billion in 2020 to $ 36.72 billion in 2026, an annual growth rate of 31.22% in corresponds to this period.
A rapidly growing addressable market is always a positive trend for growth investors hitting bets with stocks like EVgo (EVGO) and Blink Charging (BLNK) starting in 2021. Let's see which EV charging company should be in your portfolio today.
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