EVs: Analysts flag opportunities in charging, name stocks
TD Cowen's analysis shows that the number of public charging ports in the U.S. must grow to 1.7 million by 2030 to keep pace with a growing EV fleet.
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TD Cowen's analysis shows that the number of public charging ports in the U.S. must grow to 1.7 million by 2030 to keep pace with a growing EV fleet.
The EV charging firm is set to release two new models of superchargers, which is expected to power sales in the second half of the year.
Analyst Ben Kallo said some of the sector's best names could see upside.
Wallbox NV (NYSE:WBX) is an electric vehicle (EV) infrastructure company with a growing international presence. The company reported great Q3 financial results, reaffirmed its 2021 guidance, and is opening a new manufacturing facility in the U.S. in 2022. That bodes well for WBX stockholders.