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ChargePoint’s Q3 Revenue Drops 12% YoY as Demand for Charging Infra Dwindles

The company’s net loss surged 87% YoY to $158.2 million

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Electric vehicle (EV) charging solution provider ChargePoint’s revenue for the third quarter (Q3) of 2023 came in at $110.3 million, a 12% year-over-year (YoY) decrease from $125.3 million due to a drop in commercial demand and supply chain adjustments.

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