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DMLRY - A Look At Investment Opportunities In The EV Charging Sector
Daimler AG ADR
This article first appeared on Trend Investing on December 20, 2019; therefore all data is as of this date.
Electric Vehicle [EV] charging stations or home charging are both fast becoming much-needed infrastructure to help support the EV boom. Based on the Bloomberg forecasts (10m sales pa by 2025, 28m pa by 2030, and 56m pa by 2040 of electric car sales) we can see there will be a massive need for new chargers each year.
It is worthwhile remembering that almost every electric car buyer will need to buy a home charger and it