Our founders Nadav and Prescott riffing on the poor state of the #evcharging industry. Is now the time to buy, when blood is in the streets?
This year, we've seen Freewire, Tritium, Enel X, EVBox and JuiceBox close shop. We've seen ChargePoint stock cut by another 50%. Prescott and I take a stab at explaining the fundamental problem in the business model for this industry. ... and no, getting $1B from the federal government does not change the fundamentals. Yes we're looking at you, EVgo #ev #evcharging #charging #chargepoint #evbox #evgo