Why EV and Solar Energy Stocks Are on the Move Wednesday

Why EV and Solar Energy Stocks Are on the Move Wednesday

Blink Charging (NASDAQ: BLNK) dropped as much as 8.6% in trading on Wednesday and is down 8.2% at 2:30 p.m. ET. It's odd that electric vehicle (EV) stocks and solar stocks are heading in opposite directions because usually they are impacted by similar forces. The EV industry is struggling as more companies start to offer discounts to buy electric vehicles.