Generac (GNRC) Adds Level 2 EV Charger to Energy Portfolio
Generac (GNRC) ZACKS·2024-07-16 22:42
Generac Holdings Inc. (GNRC) is strengthening its energy management solutions portfolio by launching its first electric vehicle (EV) charger, a level 2 charger designed for homes and businesses, demonstrating its commitment to innovation and sustainable energy solutions.Citing the Global EV Outlook 2024 report by the International Energy Agency, Generac highlighted that the U.S. EV market is projected to reach an 11% market share in 2024. The new product is likely to help the company gain a higher share in ...