Pod Point Group Holdings PLC (GB:PODP) has released an update.
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Pod Point Group Holdings PLC, a leader in the UK’s electric vehicle charging market, is capitalizing on the growing Energy Flex market, expected to reach £3bn by 2028, and is on track to meet its 2024 revenue target of £300,000. The company has nearly 250,000 chargepoints, which provide flexibility in energy supply and demand, positioning it well for capturing value in the transition to Net Zero. With significant advancements, including pilot projects and a new consumer app, Pod Point is set to create substantial shareholder value through its high margin recurring revenue model.
For further insights into GB:PODP stock, check out TipRanks’ Stock Analysis page.