Pod Point cuts revenue forecasts due to weakness in UK EV market

NAMPA / DPA

2025-01-20

London (PA Media/dpa) - British 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 ($64.5 million) in 2024, having previo......

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