EV charger Tritium expects sales to double in 2023, receives record order from BP
Electric vehicle (EV) fast charger manufacturer Tritium (NASDAQ: DCFC) went on a vertiginous ride in 2022 with its shares plunging 81 per cent by the year's end, losing its unicorn status as sourcing parts and staff proved difficult, gross margins were in negative territory and users complained about faulty machines in Australia.
But in the Brisbane-based company's first announcements of 2023 there has been at least a jolt of optimism, including a record order from BP for fleets and the general public in the United States, the United Kingdom, Europe, and Australia.
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