Xylo Technologies's 67% Owned Co. Charging Robotics Receives Order For EV Wireless Charging Systems In Automatic Car Parks
Portfolio Pulse from Benzinga Newsdesk
Xylo Technologies's 67% owned subsidiary, Charging Robotics, has received an order for EV wireless charging systems to be used in automatic car parks.
June 27, 2024 | 12:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Xylo Technologies's subsidiary, Charging Robotics, has received an order for EV wireless charging systems to be used in automatic car parks. This development is likely to boost Xylo Technologies's revenue and market position in the EV charging sector.
The order for EV wireless charging systems is a significant development for Xylo Technologies as it directly impacts their revenue stream and strengthens their position in the growing EV market. This positive news is likely to have a favorable short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80