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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Pod Point cuts revenue forecasts due to weakness in UK electric vehicle market

Electric vehicle charging firm Pod Point has said sales for 2024 will have missed targets due to weak private sales of EVs (Yui Mok/PA) - (PA Archive)

Electric vehicle charging firm Pod Point has said revenues are set to be more than a 10th below expectations after being knocked by weak private sales of EVs in the UK.

It also reduced its cash reserves significantly more than expected as it was affected by fewer customers installing charging points at home.

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