ChargePoint CEO says growth is starting to accelerate after a 70% stock surge

ChargePoint shares rose more than 70% after second-quarter revenue of $116.1M beat the $105.2M expected and losses came in far below forecast. Its Level 3 rollout targets Europe, where AFIR mandates a 150kW charging point every 60km on the trans-European core network. ChargePoint’s shares rose more than 70% on Thursday.