Do you know there are five different models (economical, no Teslar here) of EV from five different manufacturers? Take a look at this link.
- FIAT 500e
- NISSAN LEAF
- FORD FOCUS EV
- MITSUBISHI 1-MiEV ES/SE
- HONDA FIT EV
Besides the above models, there are going to be more models coming soon. Did you know that BMW will have its $40K i3 model coming to the US next year?
So, with more and more economical EVs coming into the streets, what do you think will happen to the infrastructure for EV?
I know! I know! More charging stations!
Right you are!
Folks, you cannot avoid this trend. EVs are coming!
Do you know that Trader Joe’s has the BLINK charging station from $ECTY in their parking lots?
Now, let’s take a look at the daily chart of $ECTY below:
Did you see the bounce?
Below is the weekly chart:
Did you see the support where the bounce is taking place?
Needless to day, I added more today for the inevitable bounce.
My 2 cents.