Exotic Alfa Romeo Brand Will Enter Electric Car Race With A Subcompact Crossover Due In 2024, Along With Upscale Brands Lexus, BMW, Mercedes And Others; Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) PLEMCo. Subsidiary Sees OEM At The Top End For EV Charging Stations

Exotic Alfa Romeo Brand Will Enter Electric Car Race With A Subcompact Crossover Due In 2024, Along With Upscale Brands Lexus, BMW, Mercedes And Others; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMCo. Subsidiary Sees OEM At The Top End For EV Charging Stations

Posted February 24, 2022

In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: EVGO, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NYSE: CHPT, NYSE: F, NYSE: GM, NYSE: SPRQ, OTC PINK: SIRC

Alfa Romero — really? Alfa Romeo, Lexus, BMW, Mercedes and other upscale luxury brands are coming to electric cars/trucks in the years ahead making sup-porting EV Charging Stations as close to a sure thing as possible. Top brands are entering the all-electric car race.Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMCo. Subsidiary Sees Electric Cars For luxury Brands At The Top End As a Boon For EV Charging Stations.

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).

Exotic Alfa Romeo Brand Will Enter Electric Car Race With A Subcompact Crossover Due In 2024, Along With Upscale Brands Lexus, BMW, Mercedes And Others; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMCo. Subsidiary Sees OEM At The Top End For EV Charging Stations

Alfa Romeo leads an exotic list of upscale brands entering the all-electric car/truck market — including BMW, Mercedes and Lexus — making the supporting EV Charging Station industry as close to a sure thing as possible.

Alfa Romeo is planning to enter the electric car industry with a subcompact SUV crossover due in 2024. It will have a hybrid powertrain. However, Afa Romeo an-ticipates is will be a fully electric brand by 2027, according to top executive Jean-Phillippe Imparrato’s interview with Automotive News. Exotic Alfa Romeo Brand Will Enter Electric Car Race With A Subcompact Crossover Due In 2024, Along With Upscale Brands Lexus, BMW, Mercedes And Others; Solar Integrated Roof-ing Corp.’s (OTC PINK: SIRC) PLEMCo. Subsidiary Sees OEM At The Top End For EV Charging Stations

In an electric world where General Motors (NYSE: GM), Ford (NYSE: F) and other mainstays battle it out over electrified versions of best-selling blue collar pickup trucks, will Alfa-Romeo, Mercedes and BMW actually be players. The answer is ;yes,’ according to the top executives of these upscale brands.

Tesla (NASDAQ: TSLA) is currently the best selling brand in electrics worldwide and it owns the proprietary lead in EV Charging Stations with 56%.

But exotic and usually unattainable Alfa Romeo is joining with other upscale brands to layer on top a rare effort to compete for the electric car business. luxury car buyers will want electric cars — and Alfa Romeo will give it to them.

Also, a J.D. Power study finds that electric car buyers may like this new breed of cars — but they are not especially brand loyal. That means Tesla (NASDAQ: TSLA) owners are up for grabs when they need to buy again. Maybe they will become Alfa-Romeo electric car owners.

SIRC’s PLEMCo., subsidiary does not necessarily care which OEM electric car brands win market share. PLEMCo., is focused on winning the rights to install EV Charging Stations nationwide.

Mainstream General Motors (NYSE: GM) is planning to spend some $4 billion on overhauling the factory where it makes all-electric Bolts — its original electric car model, which made its debut in Europe.

SIRC is watching all this OEM electric car maker investment spending in building more all-electric cars/trucks and can only be excited about prospects for its PLEMCo., subsidiary, which installs EV Charging Stations which supports electric cars. The SIRC prospects as this news breaks are great.

General Motors (NYSE: GM) plans to invest some $4 billion overhauling the factory where Bolts are made — to begin production of electric pickup trucks beginning in 2024. GM is focused on making its 400,000 electric car/truck goal and becoming a leader in the electric vehicle sector.

Mary Barra, GM CEO, said the Company is focusing on selling more electric ve-hicles now. GM, she said, is now looking to build its third electric truck plant. GM is now only chasing electric market leader Tesla (NASDAQ: TSLA), it is all-in on the electric vehicle business model.

To that end, GM will continue to suspend its dividend payments to shareholders and use that funding, instead, for its investment in electric vehicle production, in-frastructure and marketing.

• Electric charging stations are projected to reach $111.90 Billion by 2028 with a 30.26% CAGR jump, says Fortune Business Insights. To Solar Integrated Roof-ing Corp.’s (OTC PINK: SIRC) PLEMCo. subsidiary that means OEM commit-ment to the EV Charging Stations industry.

If President 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.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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Nitin Harlalka

Nitin Harlalka is a Stock Market Press contributor who has covered financial market for close a decade. With a graduate degree in Economics, Nitin has been a freelance stock market and business journalist for a range of publications. Most recently, he has covered emerging industries such as cannabis and blockchain.