ChargePoint HoldingsNYSE: CHPT

Chargepoint just announced another round of cost-cutting, which might be needed. But will it be the answer to the company's profit woes?

The charging business hasn't been all it was cracked up to be, but is a change in order?

Plug Power is struggling to expand its niche hydrogen fuel cell business. ChargePoint faces tough macro and competitive headwinds.

ChargePoint provides products and services to the electric vehicle charging market. Infrastructure of the types it provides is vital for making the wider adoption of EVs viable.

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), announced today the trends it believes will propel EV charging growth. ChargePoint is working across all market segments and all classifications of electric vehicles to remain the leader in charging innovation, developing products now for this future ecosystem. “The charging industry routinely discusses the ‘now,' without saying much about the future,” sai.

CHPT receives more than $19 million from NEVI program funds to deploy 248 DC fast charging ports at 45 locations along California highways.

ChargePoint is providing a valuable service to the electric vehicle market as it creates its charging network. Although vital to the development of the EV space, charging networks are costly to build.

ChargePoint's latest earnings report disappointed investors. The company expects its slowdown to persist throughout the rest of the year.

ChargePoint's revenue has continued to sink over the past year. The company also pushed back its goal of when it expects to become adjusted EBITDA positive.