Electric Car Charging Companies Stock

Many traditional auto stocks are actually.

Electric car charging companies stock.

Turns out that one of our mbas was clever enough to spot this trend way back in august of 2015 when we published an article on carcharging. Blnk stock report focuses on electric vehicle charging equipment. According to the company it has deployed over 23 000 charging stations many of which are networked ev charging stations. 5 billion electric vehicle charging stations market 2023.

Most of these companies are from a report by research and markets which forecasts the electric vehicle charging stations market will grow from 5 3 billion in 2018 to more than 30 billion in 2023. This allows ev drivers to easily charge at any of its charging locations worldwide. Investing in electric vehicle charging. Even more optimistic the swiss global financial services company ubs was predicting in november that global electric vehicle sales would be 16 of the total car market by 2025.

The 2010s were the decade in which the electric vehicle ev revolution got started. The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june. According to 3 studies the global electric vehicle charging station market is forecast to grow at a cagr of between 40 5 and 48 3 from 2019 to 2026. One picks and shovels play on electric vehicles may be to find companies that are building electrical vehicle charging stations and invest in those companies.

Market to grow at a cagr of 41 8 government funding subsidies and incentives expected to drive the market. The company was founded by michael d. And last but not least bosch one of the world s largest suppliers of automotive technologies also makes ev chargers. The company is betting big on car access rather than just simply car ownership as it tries to become more of a services provider akin to uber or lyft than just an auto manufacturer.