Namely, it has over 26,000 public charging stations spread across the U.S. Briefly, it is an EV infrastructure company that operates one of the largest online networks of independently owned EV charging stations. What Stocks To Buy During War? 4 Retail Stocks To WatchĬhargePoint is one of the top names in the EV industry today. With things looking good for Beam so far, should you invest in BEEM stock? This gives the company strong momentum in 2022 as EV charging infrastructure continues to pick up pace in the government and corporate sectors. Beam believes that it has seen growth and success on multiple fronts in 2021. Besides, the company also managed to expand its sales to include the automotive, construction, pharmaceutical and education industry to name a few.
In other news, at the start of February, the company announced that its EV ARC system shipments increased 62% compared to the year before. Besides that, Beam and AllCell are looking to expand battery manufacturing. In fact, Beam has been using AllCell’s flexible battery platform architecture in its products for 10 years running. The acquisition, which is expected to close out by March 1, could be valued at up to $30 million. Last Wednesday, Beam announced that it will be buying AllCell, a battery tech firm that makes safer lithium-ion batteries. Notably, these products include EV charging infrastructure, solar products, energy security, and disaster preparedness to name a few. ( NYSE: CHPT)īeam is a clean technology company that designs and manufactures renewable energy products. With all that said, here are five EV charging stocks to check out in the stock market today EV Charging Stocks To Watch In March 2022
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Earlier this month, EV charging company Volta ( NYSE: VLTA) announced that it will be expanding its collaboration with Walgreens ( NASDAQ: WBA) to install 1,000 fast charging stalls at over 500 Walgreen stores throughout the U.S.
As the EV charging industry is still a somewhat nascent industry, there is no shortage of exciting developments.
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