Pod Point shares fall almost 40% after group backed by L&G warns on revenues

Financial Times

London

Greater London

England

United Kingdom

Weak UK demand for electric vehicle charging sparks investor alarm

The company said it expects to have delivered revenues of £53 million in 2024, having previously pointed towards revenues of £60 million.

Ad Fontes Media

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Media Bias/Fact Check

The Independent

Evgeny Lebedev

Pod Point cuts revenue forecasts due to weakness in UK electric vehicle market

Low EV sale numbers mean fewer customers are installing power points at home, Pod Point chief warns

The Telegraph

Press Holdings

David and Frederick Barclay

Electric car charging giant loses third of value as demand slumps

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

One of the UK's most popular electric vehicle charging operators has issued a market warning that revenues could fall as it blamed weakness in the EV market

GB News

Electric car charging firm issues dire revenue warning amid 'weaker-than-expected' interest in EVs

Nikkei Inc.

An electric vehicle charging pod point sign Shares in one of Britain’s leading electric car charging networks plunged by more than a third after bosses warned that plans to water down net zero targets risk damaging demand. Pod Point saw around £10m wiped from its market value after a 41pc drop in its share price, which was triggered by a gloomy trading update on Monday morning. The company, which is majority-owned by

Jingletree

Electric car charging giant loses third of value as demand slump looms

Electric Vehicle Adhesives Market Drives Innovation with Advanced Formulations and Sustainable Solutions for Lightweight, High-Performance EV Manufacturing. AUSTIN, TX, UNITED STATES, January 20, 2025 /EINPresswire.com/ -- The global electric vehicle (EV) adhesives market, valued at USD 1.93 billion in 2023, is projected to reach USD 38.11 billion by 2032, growing at a compound annual growth rate (CAGR) of 39.30% during the forecast period from …

kalkinemedia.com

Electric Vehicle Adhesives Market Demand to Grow By 39.30% CAGR through 2032 | Research by SNS Insider

EV charging firm Pod Point warns of weak 2024 results  Quantum Commodity Intelligence Source link The post EV charging firm Pod Point warns of weak 2024 results – Quantum Commodity Intelligence first appeared on Online EV Marketplace.

Online EV

EV charging firm Pod Point warns of weak 2024 results – Quantum Commodity Intelligence

The company said it expects to have delivered revenues of £53 million in 2024, having previously pointed towards revenues of £60 million. Electric vehicle charging firm Pod Point has said revenues are set to be more than a 10th below expectations after being knocked by weak private sales of EVs in the UK. It also reduced its cash reserves significantly more than expected as it was affected by fewer customers installing charging points at home. T…

perspectivemedia.com

Electric vehicle charging firm Pod Point has said revenues are set to be more than a 10th below expectations after being knocked by weak private sales of EVs in the UK. It also reduced its cash reserves significantly more than expected as it was affected by fewer customers installing charging points at home. The company said it expects to have delivered revenues of £53 million in 2024, having previously pointed towards revenues of £60 million. P…

Weak UK demand for electric vehicle charging sparks investor alarm

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