ZSW, a major European energy research institute, puts the quantity of electric cars traveling at 370,000 since 2014. In the U.S. alone, you will find 290,000 electric cars traveling which is a +69% increase in the year prior. While you will find many approaches to play the development of electric vehicles, a proven way is to require a “picks and shovels” approach and spend money on electric vehicle charging stations.
Historically, this theme hasn’t fared well. Founded in 2007, Better Place became a venture-capital backed company that burnt through $850 million wanting to change the world making use of their ubiquitous electric vehicle charging infrastructure. The company eventually went bankrupt and liquidated their assets for only $450,000. ECOtality was another electric vehicle charging company that's backed using a $100 million grant on the U.S. Department of Energy. They went bankrupt in 2013. Perhaps there is absolutely no viable structure for electric vehicle charging companies or maybe electric vehicle usage wasn’t mature enough for first movers. In any case, here’s a glance at 7 businesses that remain from the electric vehicle charging space.
Car Charging Group (OTCMKTS:CCGI)
This over-the-counter company acquired 4 of the competitors including ECOtality’s network of charging stations after that they went bankrupt. The problem is this network doesn’t seem making much money. In thinking about their financials, it would appear that each station generates typically $27.51 every month or only a dollar each day. They recently raised institutional funding, strengthened senior leadership, and they've got an established relationship with Nissan. They now have to ramp up their revenues and stimulate their share price that's down -57% during the last year and sitting near 52-week lows.
Envision Solar (OTCMKTS:EVSI)
This OTC company really wants to use solar together with an electric vehicle charging station. In addition to their “solar tree” product, in 2013 they launched the world’s first fully autonomous renewable car charger which can be fully mobile. As in their last 10-Q filing, they $78,467 of money on hand. Revenues for that first 50 % of 2015 were $700,000 with losses of $1 million. During the ninety days ended June 30, 2015, they successfully delivered 11 EV ARC™ charging units ones 3 were delivered with a 12 month lease agreement. The latest filing boasts some in the usual peculiarities we have seen with OTC stocks. The Company apparently leases a pickup truck through the CEO for $1,850 on a monthly basis plus mileage.
AeroVironment (NASDAQ:AVAV)
We wrote about AeroVironment before and noted that electric vehicle charging solutions only take into account 15% of these 2015 sales, a proportion that's been slowly declining as time passes. With their high-margin and high-growth drone business showing strong revenue growth, it remains to be noticed if they have the capability or prefer to turn around this declining business line.
Tesla (NASDAQ:TSLA)
While not much of a pure-play at all, we can’t neglect to mention Tesla that gives their drivers which has a nationwide network of “supercharger” stations no cost.
Tesla_Charging_Stations
This implies that the more share of the market Tesla captures making use of their vehicles, the greater market share they capture for exclusive electric charging solutions. If we assume 50,000 Teslas while travelling in the U.S., then you'll find still 82% of electric vehicles that must be charged somewhere. There’s always the opportunity that the Tesla “supercharger” stations could possibly be enabled to guide other electric vehicles but this seems unlikely. You wouldn’t require a Tesla owner to up to some fully occupied station and discover non-Tesla electric vehicles which defeats the aim of the “totally free” value proposition.
SemaConnect
Founded in 2008, SemaConnect has brought in $26 million in funding so far making use of their latest Series C round finished in July with this year. The Company has utilized this funding to deploy a huge number of charging stations in the united states:
SemaConnect_Location_Map
Their focus is about the commercial and residential property market. In 2011,ChargePro saw their single largest order up to now for 1,500 charging stations. Two ChargePro charging stations is usually leased for just a 5-year period for $258 every month for both.
PlugShare
While not only a company that truly provides infrastructure, PlugShare would like to aggregate the many data for your electric vehicle charging infrastructure that's deployed across all providers. For those who wish to know where these chargers can be found, PlugShare has an app which notifys you the location that could reach over 32,000 charging stations within the U.S. and Canada.
ChargePoint
ChargePoint has had in $115 million until now from 15 capital raising firms including names like BMW, Siemens, Braemar Energy Ventures, Toyota, and Kleiner Perkins Caufield & Byers. ChargePoint could be the world’s largest and a lot open electric vehicle charging network with 23,400 locations.
ChargePoint_Station_Map
Every 7 seconds, a motorist connects to some ChargePoint station. Interestingly enough, the provider on the charging station dictates the purchase price to be charged and ChargePoint claims that many of the charging stations have the freedom to use. They offer a number of charging solutions as seen below:
ChargePoint_Solutions
If we to pick one of these brilliant 5 companies as being the most serious contender going forward for any pure-play on electric vehicle charging, we’d pick ChargePoint dependant on their strong backing, the larger number of charging stations they've already in operation, in addition to their “free to work with” angle. Since ChargePoint is private, retail investors have to wait until an IPO develops to participate.
If you make payment for more than $4.95 a trade, you're paying a lot of. Ally Invest is one in the lowest-fee brokers around so that you spend less cash on transaction fees and even more on stocks. With over 30 trades 25 percent it drops even lower to $3.95 a trade. Open your free account and begin trading today.
Historically, this theme hasn’t fared well. Founded in 2007, Better Place became a venture-capital backed company that burnt through $850 million wanting to change the world making use of their ubiquitous electric vehicle charging infrastructure. The company eventually went bankrupt and liquidated their assets for only $450,000. ECOtality was another electric vehicle charging company that's backed using a $100 million grant on the U.S. Department of Energy. They went bankrupt in 2013. Perhaps there is absolutely no viable structure for electric vehicle charging companies or maybe electric vehicle usage wasn’t mature enough for first movers. In any case, here’s a glance at 7 businesses that remain from the electric vehicle charging space.
Car Charging Group (OTCMKTS:CCGI)
This over-the-counter company acquired 4 of the competitors including ECOtality’s network of charging stations after that they went bankrupt. The problem is this network doesn’t seem making much money. In thinking about their financials, it would appear that each station generates typically $27.51 every month or only a dollar each day. They recently raised institutional funding, strengthened senior leadership, and they've got an established relationship with Nissan. They now have to ramp up their revenues and stimulate their share price that's down -57% during the last year and sitting near 52-week lows.
Envision Solar (OTCMKTS:EVSI)
This OTC company really wants to use solar together with an electric vehicle charging station. In addition to their “solar tree” product, in 2013 they launched the world’s first fully autonomous renewable car charger which can be fully mobile. As in their last 10-Q filing, they $78,467 of money on hand. Revenues for that first 50 % of 2015 were $700,000 with losses of $1 million. During the ninety days ended June 30, 2015, they successfully delivered 11 EV ARC™ charging units ones 3 were delivered with a 12 month lease agreement. The latest filing boasts some in the usual peculiarities we have seen with OTC stocks. The Company apparently leases a pickup truck through the CEO for $1,850 on a monthly basis plus mileage.
AeroVironment (NASDAQ:AVAV)
We wrote about AeroVironment before and noted that electric vehicle charging solutions only take into account 15% of these 2015 sales, a proportion that's been slowly declining as time passes. With their high-margin and high-growth drone business showing strong revenue growth, it remains to be noticed if they have the capability or prefer to turn around this declining business line.
Tesla (NASDAQ:TSLA)
While not much of a pure-play at all, we can’t neglect to mention Tesla that gives their drivers which has a nationwide network of “supercharger” stations no cost.
Tesla_Charging_Stations
This implies that the more share of the market Tesla captures making use of their vehicles, the greater market share they capture for exclusive electric charging solutions. If we assume 50,000 Teslas while travelling in the U.S., then you'll find still 82% of electric vehicles that must be charged somewhere. There’s always the opportunity that the Tesla “supercharger” stations could possibly be enabled to guide other electric vehicles but this seems unlikely. You wouldn’t require a Tesla owner to up to some fully occupied station and discover non-Tesla electric vehicles which defeats the aim of the “totally free” value proposition.
SemaConnect
Founded in 2008, SemaConnect has brought in $26 million in funding so far making use of their latest Series C round finished in July with this year. The Company has utilized this funding to deploy a huge number of charging stations in the united states:
SemaConnect_Location_Map
Their focus is about the commercial and residential property market. In 2011,ChargePro saw their single largest order up to now for 1,500 charging stations. Two ChargePro charging stations is usually leased for just a 5-year period for $258 every month for both.
PlugShare
While not only a company that truly provides infrastructure, PlugShare would like to aggregate the many data for your electric vehicle charging infrastructure that's deployed across all providers. For those who wish to know where these chargers can be found, PlugShare has an app which notifys you the location that could reach over 32,000 charging stations within the U.S. and Canada.
ChargePoint
ChargePoint has had in $115 million until now from 15 capital raising firms including names like BMW, Siemens, Braemar Energy Ventures, Toyota, and Kleiner Perkins Caufield & Byers. ChargePoint could be the world’s largest and a lot open electric vehicle charging network with 23,400 locations.
ChargePoint_Station_Map
Every 7 seconds, a motorist connects to some ChargePoint station. Interestingly enough, the provider on the charging station dictates the purchase price to be charged and ChargePoint claims that many of the charging stations have the freedom to use. They offer a number of charging solutions as seen below:
ChargePoint_Solutions
If we to pick one of these brilliant 5 companies as being the most serious contender going forward for any pure-play on electric vehicle charging, we’d pick ChargePoint dependant on their strong backing, the larger number of charging stations they've already in operation, in addition to their “free to work with” angle. Since ChargePoint is private, retail investors have to wait until an IPO develops to participate.
If you make payment for more than $4.95 a trade, you're paying a lot of. Ally Invest is one in the lowest-fee brokers around so that you spend less cash on transaction fees and even more on stocks. With over 30 trades 25 percent it drops even lower to $3.95 a trade. Open your free account and begin trading today.
Commentaires
Enregistrer un commentaire