TSLA - Tesla Dominates EV Charging Race Installing 6000 Fast Chargers In 2023 ChargePoint And EVgo Struggle To Keep Up: Report | Benzinga
Electric Vehicle charging operators like ChargePoint Holdings, Inc. (NYSE: CHPT) and EVgo Inc (NASDAQ: EVGO) reportedly saw limited growth last year, adding just 410 and 850 fast chargers compared with Tesla, Inc (NASDAQ: TSLA), which installed 6,000.
Charging installation companies in the U.S. have faced challenges when competing against Tesla, Bloomberg reported.
The Elon Musk-led electric vehicle manufacturer has established an extensive network of charging stations that utilize a unique connector design, setting it apart from the standard connectors used by the rest of the industry, the report read.