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ChargePoint acquires Amsterdam-based electric fleet manager ViriCiti – TechCrunch

SPAC Update, Decarbonization Plus II (DCRN) Taking Tritium Public, IPOE Vote

Are Electric Vehicle Charging Stocks Overhyped?

Author Bio Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a master s in finance and has worked as a financial consultant. When she isn t writing, she can be found traveling to a new city or country. The euphoria surrounding electric vehicles (EVs) has boiled over from vehicle manufacturers to EV charging stocks as well. Blink Charging (NASDAQ:BLNK) stock surged around 2,000% last year. Similarly, shares of Switchback Energy Acquisition Corporation, an energy sector-focused special purpose acquisition company (SPAC), surged 220% in 2020 after it announced a merger with ChargePoint (NYSE:CHPT) in September. The merger was completed in February. 

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