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Southern Company to Launch Grid-Enhancing EV Fleet Pilot

Published on January 23, 2025
Cvfg LLC recently acquired 6,500 shares of The Southern Company (NYSE:SO), indicating growing investor interest in the energy giant. In response, Southern Company has announced a 6-month pilot program to enhance the grid infrastructure for electric vehicle (EV) adoption. This initiative aims to address potential challenges in integrating EVs into the electrical grid, ensuring a seamless and efficient charging experience for customers. The company's efforts towards sustainability are further highlighted by its partnership with CSRWire in the conservation of the Red-Cockaded Woodpecker, a success story of wildlife conservation. With Hennessy Advisors Inc. holding a stake of 24.10 million shares in Southern Company, the company's growth potential is underlined. To stay updated on the future movement of Southern Company's stock, professionals from Stocks Prognosis recommend seeking their expert insights.

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