Sunday, July 1, 2012

Electric Car charging stations companies to watch for a long term play

I had an idea about investing in companies that are manufacturing charging stations for the electric cars.  Since we are definitely moving away from oil and into electric cars (it’s not about if at this point it’s only a matter of when), there will be a need for stations for people to charge their vehicles, especially in places like Texas and California where you need to drive long distances to get to places.  There are several companies manufacturing them for private use and for companies to offer for their employees, but the only concerted effort has been the EV Project that has a $125 million grant from the government and a matching grant from private investment.  One company NRG is the only company to venture in from the private sector.  Here’s an article about them setting up chargers in Houston.


Here’s another article from Plugincars.com that lists other companies that make charging stations with updates in the comment section:

My Picks:

GE  - General Electric
I prefer GE because it is a highly traded company and has the infrastructure and resources to create stations on a mass scale.

AVAV – AeroVironment
This company was contracted by Nissan to by the sole provider of charging stations for its LEAF customers.  It is also the company selected by NRG to set up chargers across Houston.

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