EVUS Takes Its Charging Technology To The National Electric Car Market
Good Afternoon!
Sometimes in order to flesh out some trading ideas you have to go lateral – a bit scouring the edges of a market for unmined gold. That’s what I have done with my latest gem – and trust me, it really is a gem.
EVUS is in the business of delivering electric charging stations. It recently announced a national expansion of its services as it looks to tap into a market on track to hit $2.9 billion by 2023.
Tesla, Ford, GM and even BMW are moving rapidly into the electric car sector and by 2019 electric car sales are expected to reach $271.67 billion.
As a result of this growth potential EVUS is on track to become one of the hottest companies in the electric charging space.
Right now the company is OTC QB tiered and has shown some stunning upside delivery in the past.
The 12-month high is .25 and current valuation is around .18; perfect opportunity to move on something that has proven itself.
EVUS Must-See Technicals
EVUS has been quietly coming to life after a series of lulls. The play had a big open on June 23 when it reached a high of .23 for one-day gains of 9%.
EVUS has just established a fresh set of higher highs and momentum looks set to take the play even higher. The 12-month high of .25 could come under a real test.
EVUS is expanding nationally into the electric charging services sector. The market is set to reach $2.9 billion by 2023.
EVUS is experiencing surging volatility and recent trading saw volume explode 4,165%.
EVUS is poised to test its 4-week high and a key level to watch is .21. A break through this level could take the play all the way to .30.
EVUS has seen strong consolidation which has made the play more attractive. More realistic share prices has created fast and hard mode for quick intraday gains.
About
EVUS (EV Charging USA, Inc.) focuses on providing electric vehicle (EV) charging services and charging stations.
EVUS charging services and stations enable EV drivers to recharge their vehicles at commercial locations or in their own garages.
Electric Car Demand Hits High Gear. 740K Global Units Sold In 2014
Demand for electric vehicles (EVs) is growing around the world fairly rapidly, according to new analysis from the Centre for Solar Energy and Hydrogen Research — with more than 320,000 new EV registrations in 2014, bringing the total global market up to 740,000 vehicles.
Out of all the various regions of the world, the US in particular saw strong growth — with a growth rate of 69%, bringing total EV numbers up to 290,000 units in the country. What that means practically speaking is that roughly one in every three or so EVs in the world is on US roads.
Big News Development
EV Charging USA Inc. Enters National & International Sector
EVUS is going nationwide.
The company said in this release that after extensive research has elected to launch an EV charging support related services division. The company reviewed a multitude of research and announcements by some of the top automobile producers and researchers in the world, such as BMW, Chevrolet, Tesla, Nissan, Ford and other major automobile manufacturers.
Navigant Research's new report "Electric Vehicle Charging Services" states that by 2023, when plug-in electric cars sold will reach 12 million, revenues from electric vehicle charging services will grow to $2.9 billion and determined that this sector's growth potential is enormous.
To learn more about EVUS please visit their website: http://www.evuscharging.com/
EVUS is ripe for upward movement so make your move as soon as possible.
