In today’s briefing:
- US EV Charging Infrastructure Tracker – April 2024
- AUCTUS ON FRIDAY – 03/05/2024
US EV Charging Infrastructure Tracker – April 2024
- EV charging ports have been growing faster than any other fueling category and now account for around 88% of all alternative fueling stations.
- There are a total of 68,077 public and private EV charging station locations in the US as of 30 April 2024.
- Total EVSE charging ports were182,632, up 8.4% vs. 2023. In terms of providers, ChargePoint Network has the highest charging ports accounting for 36% of the total ports in the US.
AUCTUS ON FRIDAY – 03/05/2024
- ADX Energy (ADX AU)C; target price of A$0.75 per share: Raising new equity to fund a high impact activity programme – ADX has raised A$13.5 mm of new equity priced at A$0.105 per share.
- One free-attaching option will be issued for evert two placement shares with an exercise price of A$0.15 per share and an expiry date of 08/05/2026.
- The proceeds from the raise will fund (1) the production testing of the 450 m gas column encountered at the Welchau exploration well (the well might also be deepened to assess the exploration potential below the current total depth of the well), (2) the residual drilling cost (net of the carry provided by MND) of a gas exploration well on the ADX-AT-I licence, (3) the residual cost (net of the carry provided by MND) of the drilling and tie-in the Anshof-2A sidetrack and (4) upgrades to the gas processing facilities at ADX’s Vienna Basin fields.
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