‘Autotrader’ Yesterday Names Its Top Ten All Electric Cars From: Ford (NYSE: F) And GMC (NYSE: GM) To Mercedes And Tesla (NASDAQ: TSLA) Based On Looks, Technology And Range; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary See An Outstanding Opportunity In EV Charging Sta-tions
Autotrader yesterday names its choices for Top Ten all-electric vehicles — based on looks and technology — and they range from Ford (NYSE: F) and GM (NYSE: GM) to Mercedes and Tesla (NASDAQ: TSLA). To Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary the list is an indication of the widespread debut of all-electric cars and the skyrocketing potential of the supporting EV Charging Station industry.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
‘Autotrader’ Yesterday Names Its Top Ten All Electric Cars From: Ford (NYSE: F) And GMC (NYSE: GM) To Mercedes And Tesla (NASDAQ: TSLA) Based On Looks, Technology And Range; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary See An Outstanding Opportunity In EV Charging Stations
The Top Ten listing from Autotrader is: 1) 2022 Chevrolet Bolt; 2) 2022 Ford Mustang Mach-E; 3) 2022 GMC Hummer; 4) Hyundai loniq 5; 5) 2022 Kia EV6; 6) 2022 Mercedes-EQ EQS; 7) 2022 Rivian R1T; 8) 2022 Tesla Model 3; 9) 2022 Volkswagen ID.4; 10) 2022 Volvo C40 Recharge.
These all-electric vehicles were chosen for their styling, technological innovations, luxury appointments, sophisticated braking, trunk space, affordability and range.
They are also evaluated based on something that engineers cannot often provide: fun.
These vehicles are environmentally correct and technology-forward, but some are just fun to drive — like the new Hummer. Some are forward in their design, like the Ford Mustang Mach-E.
To SIRC, these winning all-electric cars are even more important: they spelll a successful future for installers of a supporting nationwide network of EV Charging Stations. ‘Autotrader’ Yesterday Names Its Top Ten All Electric Cars From: Ford (NYSE: F) And GMC (NYSE: GM) To Mercedes And Tesla (NASDAQ: TSLA) Based On Looks, Technology And Range; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary See An Outstanding Opportunity In EV Charging Stations.
All of these cars have one thing in common: electric range and anxiety by owners over whether they will be stranded without charge. Especially for longer trips, drivers are concerned they can find a charge when they need one to continue driving. Buyers are less concerned with longer trips than with shorter ones. If they need a 150-200 mile quick charge when driving locally, they feel reassured when seeing an EV Charging Station.
That’s an opportunity for SIRC and other EV Charging Station installers. To that end, SIRC is also an applicant for government grants to help build a national network of EV Chargers for all brands — except for proprietary Tesla (NASDAQ: TSLA) — which has its own brand of chargers.
SIRC is also an applicant to FINRA to change its corporate name to SolarEV. It hopes to brand its own chargers as part of its solar-EV strategy to build its own national alternative energy brand across the U.S.
Another reinforcing indicator came last week when all-electric autos drew the most interest at the International Automotive Show in New York. Even editors at car enthusiast magazines, such as Cox, saw a difference. One editor at Cox, which publishes automotive magazines, said the publications have seen a 69% jump in electric car interest from January-March 2022 as drivers want to avoid paying spiking per gallon gasoline fuel charges.
Although consumers said they are motivated by environmental issues — such as a green, clean environment — financial issues are the most important. They want electric cars because they wish to save money from spiraling higher gasoline prices, Reuters says.
‘Autotrader’ Yesterday Names Its Top Ten All Electric Cars From: Ford (NYSE: F) And GMC (NYSE: GM) To Mercedes And Tesla (NASDAQ: TSLA) Based On Looks, Technology And Range; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary See An Outstanding Opportunity In EV Charging Stations
Dan Ives, Equity Analyst at Wedbush Securities, tells CNN Business that he believes electric cars will reach 10% market share of all OEM car sales by 2025 versus only a 4% market share today. If he’s right, it represents a great long term opportunity for EV Charging Station installers like Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMCo. subsidiary.
To SIRC the fact that electric vehicles come in so many brands and price points is a positive industry sector for the future. And the fact that the leader in the EV Charing Industry classifications is serving only Tesla vehicles also bodes well for SIRC’s future in the charing industry. Tesla may own 56% market share of the worldwide electric charging station business, but it may be leaving a lot of business ‘on the table’ by serving Tesla alone. For SIRC and other charge installers, this leaves a wide open market for the other brands.
They include Ford (NYSE: F), General Motors (NYSE: GM) Toyota (NYSE: TM), Nissan and all the European brands,such as BMW, Volkswagen, Mercedes, and others. Even Toyota — the last to join electric car believers.
- Research studies cannot keep up with the growth. Electric charging stations are projected to reach $111.90 Billion by 2028 with a 30.26% CAGR jump, says Fortune Business Insights. And this may be too conservative.
One of the SIRC advantages is that its installers are already performing solar work in the home — where some 80% of EV charging takes place, the government says.
If Biden is to hit his goal of a government-owned fleet of 500,000 electric vehicles — and hit 2030 carbon pollutant-reduction goals — he will need to fund the building of more EV Charging Stations. That’s great news for installers like SIRC and its PLEMCo. subsidiary.
‘Autotrader’ Yesterday Names Its Top Ten All Electric Cars From: Ford (NYSE: F) And GMC (NYSE: GM) To Mercedes And Tesla (NASDAQ: TSLA) Based On Looks, Technology And Range; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Its PLEMCo. Subsidiary See An Outstanding Opportunity In EV Charging Stations
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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