ChargePoint aim to help build, and profit from, the charging infrastructure needed as EV sales grow. ChargePoint is already a leader in North America and has been growing in Europe. It operates a network of more than 118,000 charging ports, including more than 3,700 DC fast chargers. More than 5,400 of those ports were in Europe as of July 31. The company bumped up its fiscal year revenue guidance by 15% after its most recent quarterly financial update as sales continue to grow.

The EV sector has now gained new support from the federal infrastructure bill. But you should realize these names have yet to make profits, and there will be much competition and uncertainty ahead. Investments should be made for the long term, with the many risks kept in mind. $ChargePoint Holdings Inc.(CHPT)$