Trade Chargepoint Holdings Inc. - CHPT CFD

Trading Conditions

• Type: CFD
• Spread: 0.06
• Long position overnight funding adjustment: -0.02149%
• Short position overnight funding adjustment: -0.00074%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 7.79
• Open: 7.4
• 1-Year Change: 900%
• Day's Range: 7.28 - 7.6

Trade Chargepoint Holdings Inc. - CHPT CFD

Chargepoint Holdings (CHPT) is engaged in electric vehicle (EV) charging networks and solutions in the US and Europe. It has more than 18,000 charging locations.

The company develops and sells cloud-based services and infrastructure for networked electric vehicle (EV) charging systems. Consumers can use the company's services to find, reserve, authenticate and transact EV charging sessions.

Its ChargePoint Network manages any Open Charge Point Protocol (OCPP) capable charging station, integrating it with electric mobility apps and connected systems. The network is open and interoperable in North America and Europe, with more than 49,000 AC and DC charging spots. 

The company also offers operations and maintenance (O&M) of EV charging stations. The company can check for site qualification, quality site preparation and installation to ensure the charging stations are reliable. 

Chargepoint also provides a series of charging station hardware for residential and commercial use, such as WiFi-enabled, single-family home chargers for personal garages and AC charging stations for fleets. 

It also provides ChargePoint cloud plans to customers, which assist EV charging station owners in operating and customising charging stations to match their individual needs.

The Campbell, California-based company was founded in 2007. It went public on 1 March 2021 following the completion of a business combination with Switchback Energy Acquisition Corporation, a publicly-traded special purpose acquisition company with a strategic focus on the energy value chain. The combined company's stock is listed on the New York Stock Exchange under the ticker symbol CHPT.