EV Charging vs. Gas Prices: How Much Can You Really Save With an Electric Vehicle? [CNET News]
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ChargePoint Holdings, Inc. (CHPT)
Company Research
Source: CNET News
It's hard not to notice the EV enthusiasts on the road -- particularly the ones with vanity license plates like "GAS LOL." Why so braggy? Maybe its because they believe its cheaper to charge their electric vehicle then fuel a gas-powered car. It's understandable. Lowering fuel costs is the main reason the EV-curious think about going all-electric in the first place. In June 2022, gas prices hit a record, averaging more than $5 per gallon nationwide, and though they've since fallen by 26% to around $3.70 as of May, the volatility has many drivers looking at alternatives -- such as EVs or hybrids The debate on which option is cheapest to run is all over Reddit TikTok and other social media platforms. One Reddit user states they now spend $70 more on their electricity bill from at-home charging compared with $330 per month in gas previously. Some Reddit users argue against the actual savings. One naysayer, for example, says they think public supercharging is expensive and time-con
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News
- Why EV Stocks Plunged in June [Yahoo! Finance]Yahoo! Finance
- ChargePoint Holdings, Inc. (NYSE: CHPT) had its price target lowered by analysts at Benchmark Co. from $4.25 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- ChargePoint Holdings, Inc. (CHPT): Is this Small-Cap Stock a Good Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Is EV Charging Cheaper Than Gasoline? We Did the Math to Find Out [CNET News]CNET News
- ChargePoint Holdings, Inc. (NYSE: CHPT) was upgraded by analysts at B. Riley to a "hold" rating.MarketBeat
CHPT
Earnings
- 6/5/24 - Beat
CHPT
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 4
- 6/21/24 - Form 4
- CHPT's page on the SEC website