Publicly Traded Charging Company

What’s happening? Charging Point went public this week. Its been in the EV charging game for 14 years.

Why is this important? Wall Street is paying attention to charging companies. There’s a major federal infrastructure bill forthcoming with an EV charging angle. EVgo is anticipated as the next publicly traded charging company.

How will this be important? More attention will be paid to home charging. EV owners do the vast majority of their charging at home using Level 2 chargers, which are slow (several hours) to use and pretty inexpensive to install. EV owners are fueling up their EVs as they charge their cell phones. A lot of home charging is overnight topping off batteries. 

Green Biz | EV charging infrastructure hits the big time