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Which Electric Vehicle Infrastructure Stock is a Better Choice? By StockNews


© Reuters. EVgo vs. Blinkcharging – Which Electric Vehicle Infrastructure Stock Is a Better Option?

EVgo (EVGO), Blink Charging and BLNK are still unprofitable, but they will continue to see an increase in sales. Which stock between the two should be part of your portfolio today?.If you’re bullish on the electric vehicle (EV) industry, then you should consider investing in ancillary EV companies. Expansion of charging infrastructure, for example, is one factor that will help EV adoption.

Research and Markets has released a forecast that the global electric vehicle charging infrastructure market will grow from $7.4 Billion in 2020 to $36.72 Billion in 2026. This is a 31.22% annual growth rate.

Growth investors should be encouraged by a rapidly growing addressable market. Stocks such as EVgo and Blink Charging are market-beating investments for 2021. Let’s see which EV charging company should be part of your portfolio today.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.