ChargePoint & Switchback Energy (SBE) Merger Analysis: Best SPAC Stock Of 2020?

Описание: Here you'll find an analysis of ChargePoint and Switchback Energy (SBE). In this video we'll talk about the EV market and ChargePoint's business model. New in the stock market?
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In the last video we talked about what a SPAC is and who the people are behind Switchback Energy Acquisition Corp. In this video we’re going to see why Switchback Energy actually chose ChargePoint for their acquisition. For that we’re going to use the investor presentation which was published on the website on Switchback Energy.

ChargePoint was founded in 2007, which is already important. In one of the next videos we’ll talk more about ChargePoint and the team behind it, but 2007 indicates they know what they’re doing. It's one of the world’s leading networks. ChargePoint will use the cash to bolster positions and fund European growth.

The total EV market is about 9.9% of new vehicles in 2025 and 29,2% in 2030, compared to 2,6% in 2019. I personally believe these numbers could even be higher, especially when the big car makers are going to make more affordable cars, like Tesla is trying to do, and especially when they also roll out their autonomous driving network and ride hailing network, so that you can buy an electric vehicle and let other people use your car when you don’t need it.

As the EV market grows, ChargePoint grows too: buying this stock is a bet on EVs. They will likely have 60% compound annual growth rate, 60% growth per year during 5 years.

Because of certain tailwinds, that could go even faster. For example if public transport is being electrified earlier than expected, if there are more incentive programs, if there are EV cost reductions, if there are advances in battery technology.

ChargePoint has already scaled and will continue to scale in countries. But ChargePoint is also going to scale in applications.

ChargePoint has three lines of business: hardware, recurring software and services. Hardware: these are the charging stations. Recurring software: you don’t need a lot of capital, you always receive a basic revenue stream. Services: design, build, construction, warranty.

Technical analysis of SBE/ChargePoint shows there might still be some downside, so I'm still waiting to hop in. Don’t forget to subscribe so you don’t miss the next video about ChargePoint!

Sources:
https://switchback-energy.com/wp-cont...
https://www.tradingview.com/gopro/?sh... [REFERRAL LINK: we both get up to $30 if you upgrade to a paid plan!]

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Nesami, which is a trade name used by AlphaLingua, and its members, owners, employees and representatives (collectively “Nesami”) provides this video for informational purposes only. None of the information within this video should be interpreted as investment, financial or other advice. The information is of a general nature and does not take into account the circumstances of any particular individual. You alone are responsible for evaluating the benefits and risks associated with the use of any information within this video. Nesami cannot be held liable for any claim for damages arising from any decision you make based on the information within this video.

Tags: investing, finance, stock market, ChargePoint, SPAC, SBE, ChargePoint stock, SBE, SBE SPAC, ChargePoint stock analysis, SBE stock analysis, EV stocks, ChargePoint SPAC

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