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An update from Pod Point Group Holdings PLC ( (GB:PODP) ) is now available.
Pod Point Group Holdings PLC has launched Pod Drive, a subscription-based home charging service that significantly reduces the upfront cost of EV charger installation from £1,249 to £99. This service aims to lower barriers to EV adoption by offering a £40 monthly subscription that includes a Pod Point Solo 3S charger, installation, and a 48-hour service level agreement. Pod Drive also provides cashback on up to 7,500 smart charged miles per year, helping to offset household electricity costs. The launch is supported by partnerships with Tesco and Mazda, with further collaborations in discussion, marking a strategic shift for Pod Point from a charger-only business to a comprehensive charging service provider.
The most recent analyst rating on (GB:PODP) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Pod Point Group Holdings PLC stock, see the GB:PODP Stock Forecast page.
More about Pod Point Group Holdings PLC
Pod Point Group Holdings PLC is a leading provider of electric vehicle (EV) charging solutions in the UK, known for its award-winning technology and reliability. The company powers homes, public spaces, and workplaces, supporting over a quarter of a million customers and facilitating more than 5 million miles of electric travel daily.
Average Trading Volume: 464,613
Technical Sentiment Signal: Sell
Current Market Cap: £9.54M
See more insights into PODP stock on TipRanks’ Stock Analysis page.