Pod Point Group Holdings PLC (LSE:PODP), the provider of charge points for electric vehicles (EVs), said it expects its results for 2021 to be in line with management forecasts after trading remained strong in the second half.
The company, which floated on the London Stock Exchange on 9 November last year, said the positive momentum and trends seen during 2021 have continued since its Initial Public Offering (IPO), with increased demand for its charge points.
READ: UK public electric vehicle charging infrastructure is falling behind new EV car sales
Erik Fairbairn, CEO of Pod Point, said: "We are pleased with the continued strong growth across the business we have seen since our IPO in November as we continue to capitalise on the significant market opportunity.
“The crucial role that we have to play in the UK's transition to electric vehicles is clear - we are excited to make further progress towards our goal of a Pod Point everywhere you park."
Pod Point shares were 3.73% higher at 256p in early trade.