Most Active Stocks To Buy Today? 4 Renewable Energy Stocks To Consider ChargePoint Holdings With almost every European country committing to rigorous and strict decarbonization goals, would you bet on TPGY stock ahead of its merger? Meanwhile, in the U.S., we only have a penetration of around 5%. It’s worth pointing out that some European countries have high EV penetration rates, with numbers exceeding 50% in countries like Norway and Iceland. And betting on TPGY stock ahead of its merger with EVBox is increasingly attractive amid the low valuation. If you look not too far east, you would know Europe is leading the EV revolution. This made the company’s valuation more attractive compared to its industry peers. Now, considering the EU is taking steps to launch more subsidies for EV chargers, would buying TPGY stock at this level be attractive? After peaking at around $34 per share at the beginning of February, TPGY stock has shedded more than 50% of its value and last traded at $14.39. According to CleanTechnica, EVBox has the largest installed base of EV charging stations in Europe. As the name suggests, TPG Pace Beneficial Financial Corp is a SPAC. With the European Union’s rapid transition toward electrification, EVBox’s huge presence in the continent makes it a bullish case for TPGY stock. ( NYSE: CHPT)ĮVBox- TPG Pace Beneficial Financial Corp.
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