4 Electric Vehicle Infrastructure (Charging Station) Stocks to Consider

EVs are enjoying high demand at the moment and hopefully it will remain so for the next decade. And EV stocks are benefiting greatly from this demand, whether it be stocks of electric vehicle producers like Telsa or electric battery manufacturers; the benefiting is widespread.

EVs makers and EV battery manufacturers are greatly benefiting from the EV wave. And other companies seeing the trend are taking up strategic positions. There are investing in EV infrastructures, especially in Electric vehicle charging stations.

Sooner rather than later, electric vehicle charging stations will becoming a booming market for stocks in the EV market.

Below are Electric Vehicles (EVs) Infrastructure (charging station) companies are publicly traded to consider watching or buying:

1. Tesla

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally.

The company operates in two segments, Automotive; and Energy Generation and Storage.

• The Automotive segment offers sedans and sport utility vehicles. It also provides electric powertrain components and systems; and services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians, as well as sells used vehicles. This segment markets and sells its products through a network of company-owned stores and galleries, as well as through its own Website.

• The Energy Generation and Storage segment offers energy storage products, such as rechargeable lithium-ion battery systems for use in homes, industrial, commercial facilities, and utility grids; and designs, manufactures, installs, maintains, leases, and sells solar energy generation and energy storage products to residential and commercial customers.

It also provides vehicle insurance services, as well as renewable energy.

The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

2. Blink Charging

Blink Charging Co. owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.

It also provides Blink Network, a cloud-based software that operates, maintains, and tracks various Blink EV charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing; and vital station information, including station location, availability, and applicable fees.

In addition, the company provides EV charging hardware, site recommendations, and maintenance services.

It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

The company offers its services through field sales force and reseller partners. As of December 5, 2019, it had approximately 15,000 EV charging stations. It has a strategic partnership with Hubject GmbH.

The company was formerly known as Car Charging Group, Inc. and changed its name to Blink Charging Co. in August 2017. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.

3. Schneider Electric

Schneider Electric S.E. provides energy and automation digital solutions worldwide. The company operates in two segments, Energy Management and Industrial Automation.

It offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical protection and control products, fuse and safety switches, motor starters and protection components, power monitoring and control products, power quality and power factor correction products, pushbuttons, switches, pilot lights and joysticks, software products, surge protection and power conditioning products, and switchboards and enclosures.

The company also provides access control, building management, fire and security, network infrastructure and connectivity, power monitoring and control, power quality and power factor correction, sensor, valve and valve actuator, variable speed drive and soft starter, and video management system products.

In addition, it offers feeder automation and grid automation and SCADA software products, medium voltage switchgears and transformers, outdoor equipment, power monitoring and control products, protection relays, substation automation products, and switchgear components.

Further, the company provides data center software, IT power distribution products, prefabricated data center modules, racks and accessories, security and environmental monitoring products, surge protection and power conditioning products, and uninterruptible power supply (UPS) products.

Additionally, it offers electrical protection and control products, home automation and security products, installation materials and systems, light switches and electrical sockets, network infrastructure and connectivity products, and UPS. It also provides industrial automation and control products; energy access products, such as collective solutions and home systems; and solar and energy storage products.

The company was founded in 1836 and is headquartered in Rueil-Malmaison, France.

4. ABB

ABB Ltd manufactures and sells electrification, industrial automation, motion, and robotics and discrete automation products for customers in utilities, industry and transport, and infrastructure worldwide.

• The company’s Electrification Products segment provides electric vehicle charging infrastructure, solar power solutions, modular substation packages, distribution automation products, switchboard and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.

This segment serves building, data center, rail, wind and solar, power distribution, food and beverage, marine, e-mobility, and oil and gas industries.

• Its Industrial Automation segment provides process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing solutions, measurement and analytical instrumentation and solutions, electric ship propulsion systems, and turbochargers, as well as remote monitoring, preventive maintenance, and cybersecurity services.

This segment serves companies in the oil and gas, minerals and mining, metals, pulp and paper, chemicals and pharmaceuticals, food and beverage, power generation, and marine industries.

• The company’s Motion segment offers motors, generators, drives, wind converters, mechanical power transmissions, complete electrical powertrain systems and related services and digital solutions for a wide range of applications in industry, transportation, infrastructure, and utilities.

This segment serves machinery manufacturers, process industries, hybrid and batch manufacturers, transportation equipment manufacturers, discrete manufacturing companies, logistics and utility industries, and customers in the automotive industry.

• Its Robotics & Discrete Automation segment offers robotics, controllers, software, function packages, cells, programmable logic controllers, industrial PCs, servo motion, engineered manufacturing solutions, turn-key solutions, and collaborative robot solutions, as well as digital solutions, and field and after sales services.

ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.