Is EV Charging Cheaper Than Gasoline? We Did the Math to Find Out [CNET News]
ChargePoint Holdings, Inc. (CHPT)
Company Research
Source: CNET News
EV enthusiasts -- particularly the ones with vanity license plates like "GAS LOL" -- like to brag about the cost savings of charging their electric vehicle compared with fueling a gas-powered car. 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. The debate on which is cheaper 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 nay-sayer, for example, says they think public supercharging is expensive and time-consuming and another said the cost of installing their home EV charger negated any savin
Show less
Read more
Impact Snapshot
Event Time:
CHPT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHPT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHPT alerts
High impacting ChargePoint Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
CHPT
News
- 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
- ChargePoint Holdings, Inc. (NYSE: CHPT) was upgraded by analysts at B. Riley to a "hold" rating.MarketBeat
- Future of CV Depot Charging Market worth $30.7 billion in 2030 Globally, at a CAGR of 28.2%, says MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- EV Charging vs. Gas: We Do the Math to See Which is Cheaper [CNET News]CNET News
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