Electrified Fleet Adoption Surges Despite Slowing EV Demand in Passenger Market
WEX Inc. common stock (WEX)
NASDAQ:AMEX Investor Relations:
wexinc.com/payment-solutions/virtual-payments
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Source: PR Newswire
80% of Global Commercial Fleet Leaders Surveyed Set Goal for 25% EVs by 2030, Latest Frost & Sullivan Insights RevealLONDON, Sept. 18, 2024 /PRNewswire/ -- Conducted by Frost & Sullivan and commissioned by WEX (NYSE: WEX), a new report provides key insights for organisations managing mixed-energy fleets across Europe, North America, and Asia-Pacific.The study underscores the rapid progress in fleet electrification. While EV adoption rates vary by business and fleet type, most fleet managers expect a significant increase in EVs to enter their fleets over the next five years. Almost half of those surveyed stated that 50% or more of their fleet would consist of EVs by 2030.?The 2024 global survey, "The Commercial EV Transition: Global Insights on a Mixed-Energy Fleet Future," offers comprehensive insights to help organisations navigate and capitalise on the shift to electrification across Europe, North America, and Asia-Pacific.The transition to a mixed-energy fleet – which integrates bo
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- WEX Stock Price Decreases 5% Post Q3 Earnings & Revenues Miss [Yahoo! Finance]Yahoo! Finance
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- WEX Inc. (NYSE: WEX) had its price target lowered by analysts at Robert W. Baird from $285.00 to $230.00. They now have an "outperform" rating on the stock.MarketBeat
- WEX Inc. (NYSE: WEX) had its price target lowered by analysts at Wells Fargo & Company from $200.00 to $180.00. They now have an "equal weight" rating on the stock.MarketBeat
- Wex (WEX) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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