RBC Capital initiated coverage of ChargePoint (CHPT ). The company's "robust" product portfolio, differentiated strategy, and asset-light business model position it to be a key beneficiary of positive secular trends in vehicle electrification and growing demand for charging infrascture, RBC tells investors in a research note. The firm says its positive outlook on the industry and favorable view of ChargePoint's strategy are underpinned by its electric vehicle charging market analysis and associated charging infrastructure forecast.