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Stocks super charged by electric vehicle plans
Government support for an electric vehicle (EV) revolution has taken a step forward with proposals for new homes and street lights in areas with on-street parking to be fitted with charging points.
The plans are part of an effort to curb CO2 emissions which are also likely to include a ban on the sale of new conventional petrol and diesel cars in the next 20 years or so. Extra government money is also likely to be made available for fund charging infrastructure.
Both companies already have relationships with housebuilders thanks to connecting properties to the gas and electricity grid, and both have interests in the EV charging market.
Fulcrum has a partnership with ChargePoint including the supply and installation of EV charging stations. Nexus has set up eSmart Networks to design, install and connect EV charging points for the likes of local authorities and car manufacturers. (TS)