ChargePoint beat expectations and the stock surged. Its Level 3 push into Europe lands in a market where AFIR mandates a 150kW charger every 60km.

The EV charging company reported $116.1 million in second-quarter revenue, well above analyst expectations of $105.2 million

The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company's losses.