Pod Point Lowers Revenue Forecast Amid Weak Electric Vehicle Demand ⚡📉

Electric vehicle charging provider Pod Point Group (PODP.L) has revised its full-year revenue forecast, citing ongoing weakness in demand for electric vehicles. For the 12 months ending December 31, the UK-based company now expects revenues to reach approximately £53 million ($64.70 million), down from its earlier guidance of around £60 million. This adjustment reflects the challenges in the electric vehicle market, impacting Pod Point’s growth projections.