XL Fleet's Charts Show Potential for a Future Purchase : vim

XL Fleet's Charts Show Potential for a Future Purchase


XL Fleet's Charts Show Potential for a Future Purchase
A new base pattern needs to develop before taking a long position.
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XL
For one of his "Executive Decision" segments of
Mad Money Tuesday night, Jim Cramer spoke with Todd Hynes, founder and president of XL Fleet (XL) , the leader in hybrid and electric conversions for fleet vehicles.
Hynes commented on XL Fleet's new mega-charging station at the UBS Arena in New York City, which will provide an incredible 1,000 EV chargers. When completed, the station will be seven times larger than the current largest public charging facility. Hynes explained that during events, the stations will be used by arena patrons, but at night, the charging center will provide fueling for fleet vehicles. The project includes not just chargers but also power generation, storage and power management to keep the electrons flowing.

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