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Electric vehicle sales are slowing down as supply chain shortages ease in the auto industry.
The charging company got an injection of capital to help its survival prospects. Parkev Tatevosian, CFA®, discusses what the news could mean for EVGO (EVGO -0.39%) stock investors.
*Stock prices used were the afternoon prices of Oct. 2, 2024. The video was published on Oct. 4, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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