10 High Growth EV Stocks to Invest In

7. ChargePoint Holdings, Inc. (NYSE:CHPT)

Average 5-Year Revenue Growth: 23.61%

ChargePoint Holdings, Inc. (NYSE:CHPT) is the largest electric vehicle charging provider in the United States, with more charging ports and locations than any other network. CHPT has about 39,000 locations with 70,000 plugs. The company operates more than four out of every ten charging points in the country. It is ranked seventh on our list of the High Growth Stocks.

Recently, the company unveiled a modern AC Level 2 charging design that doubles charging speeds and enables bidirectional charging. In North America and Europe, the platform can be used for fleet, business, and residential applications. The first models from ChargePoint Holdings, Inc. (NYSE:CHPT), which now has a 61% market share in the US AC Level 2 market, will be made available in Europe this summer and North America in late 2025.

It was also effective in reducing its fiscal 2024 net loss from $457.6 million to $282.9 million. The Q4 fiscal 2025 revenues of $102 million were much higher than the anticipated $101.4 million. ChargePoint Holdings, Inc. (NYSE:CHPT) forecasts revenue in the first quarter of fiscal 2026 to be between $95 million and $105 million, pointing to further expansion.

ChargePoint Holdings, Inc. (NYSE:CHPT)’s notable innovation and product development advancements contributed to the company’s competitive position in the quickly expanding electric vehicle field, which produced better-than-expected results. As the demand for charging stations continues to rise, management is still hopeful that the business will turn a profit in fiscal 2026.