Charging station gravy train (EVGO)

With the current administration pushing green energy and every car manufacturer making real entries into the fully electric car market, charging stations are going to be going up in every strip mall and star bucks parking lot in the U.S. On top of the infrastructure evgo has, they also have a deal with GM for having 2750 charging station in the US by 2023. That's on top of the 800 they currently have. Blink charging is the closest comparable charging company with a share price close to $40, and evgo has a larger market cap. (+700m) evgo share price yesterday was $14.50 Reguardless of short term gains to be had. The ev charging market is set to grow 100x by 2040. (Similar to telecom, in the late 90s, 00s) (17.5c, 25c, 30c 11/9 and shares)

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Original Post

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Gravyboat47

Jul 5, 2021

-40.99%

Change % Since Posting

15.10

Price When Posted

-6.19

Change Since Posting

EVGO

EVgo Inc - Class A

8.91

-0.12
-1.33%
Current Price

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Charging station gravy train (EVGO)

bullish

With the current administration pushing green energy and every car manufacturer making real entries into the fully electric car market, charging stations are going to be going up in every strip mall and star bucks parking lot in the U.S.

On top of the infrastructure evgo has, they also have a deal with GM for having 2750 charging station in the US by 2023. That's on top of the 800 they currently have.

Blink charging is the closest comparable charging company with a share price close to $40, and evgo has a larger market cap. (+700m) evgo share price yesterday was $14.50

Reguardless of short term gains to be had. The ev charging market is set to grow 100x by 2040. (Similar to telecom, in the late 90s, 00s)

(17.5c, 25c, 30c 11/9 and shares)

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read-time
1 min

30.00

Target Price

8/ 10

Confidence

2-6 Months

Timeframe
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Earnings Release
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