SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS FLASH L impact

ChargePoint Sees Affordable Used EVs Driving Next Wave of Adoption

ChargePoint’s market analysis identifies affordable used electric vehicles as a key driver of adoption, shifting demand toward economics rather than incentives. Used EV sales rose approximately 19% this year, supported by higher gasoline prices, growing off-lease inventory and lower purchase costs. Network charging sessions increased 34% year over year, outpacing charging port growth of 16%. Rising utilization could improve charging infrastructure returns, while broader adoption increases the need for reliable access and intelligent energy management. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ChargePoint Holdings Inc. published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein. (C)

CHPT.N