Blink Charging Announces Strategic Acquisition of Zemetric, Inc
Blink Charging (NASDAQ: BLNK) has announced the acquisition of Zemetric, Inc., a Silicon Valley-based charging infrastructure company specializing in fleet solutions. The acquisition, set to close by July 11, 2025, brings Zemetric's intelligent L2 charging products and expertise to Blink's portfolio.
Founded in 2022, Zemetric focuses on interoperable charging solutions for fleets, multi-family, and high-utilization sites. Following the acquisition, Zemetric's founding team will join Blink's leadership, with founder Harmeet Singh becoming Chief Technology Officer, Bonnie Datta assuming the role of SVP of Global Commercial Operations, and Kapil Singhi taking a senior position in global charger development.
Blink Charging (NASDAQ: BLNK) ha annunciato l'acquisizione di Zemetric, Inc., un'azienda della Silicon Valley specializzata in infrastrutture di ricarica per flotte. L'acquisizione, che si concluderà entro il 11 luglio 2025, integra i prodotti intelligenti di ricarica L2 e l'esperienza di Zemetric nel portfolio di Blink.
Fondata nel 2022, Zemetric si concentra su soluzioni di ricarica interoperabili per flotte, complessi residenziali e siti ad alta frequenza d'uso. Dopo l'acquisizione, il team fondatore di Zemetric entrerà nella leadership di Blink, con il fondatore Harmeet Singh che assumerà il ruolo di Chief Technology Officer, Bonnie Datta come SVP delle Operazioni Commerciali Globali e Kapil Singhi in una posizione senior nello sviluppo globale dei caricabatterie.
Blink Charging (NASDAQ: BLNK) ha anunciado la adquisición de Zemetric, Inc., una empresa con sede en Silicon Valley especializada en infraestructura de carga para flotas. La adquisición, que se cerrará antes del 11 de julio de 2025, incorpora los productos inteligentes de carga L2 y la experiencia de Zemetric al portafolio de Blink.
Fundada en 2022, Zemetric se enfoca en soluciones de carga interoperables para flotas, viviendas multifamiliares y sitios de alta utilización. Tras la adquisición, el equipo fundador de Zemetric se unirá al liderazgo de Blink, con el fundador Harmeet Singh como Director de Tecnología, Bonnie Datta asumiendo el cargo de SVP de Operaciones Comerciales Globales y Kapil Singhi en una posición senior en el desarrollo global de cargadores.
Blink Charging (NASDAQ: BLNK)은 실리콘밸리에 기반을 둔 차량 충전 인프라 회사인 Zemetric, Inc.를 인수했다고 발표했습니다. 이번 인수는 2025년 7월 11일까지 완료될 예정이며, Zemetric의 지능형 L2 충전 제품과 전문 지식을 Blink의 포트폴리오에 추가합니다.
2022년에 설립된 Zemetric은 차량용 충전 솔루션, 다세대 주택 및 고이용 사이트를 위한 상호운용 가능한 충전 솔루션에 집중하고 있습니다. 인수 후 Zemetric의 창립 팀은 Blink의 경영진에 합류하며, 창립자 Harmeet Singh는 최고기술책임자(CTO)가 되고, Bonnie Datta는 글로벌 상업 운영 부문 수석 부사장(SVP), Kapil Singhi는 글로벌 충전기 개발 부문 고위직을 맡게 됩니다.
Blink Charging (NASDAQ : BLNK) a annoncé l'acquisition de Zemetric, Inc., une entreprise basée dans la Silicon Valley spécialisée dans les infrastructures de recharge pour flottes. Cette acquisition, qui devrait être finalisée d'ici le 11 juillet 2025, intègre les produits de recharge intelligents L2 et l'expertise de Zemetric au portefeuille de Blink.
Fondée en 2022, Zemetric se concentre sur des solutions de recharge interopérables pour les flottes, les résidences multifamiliales et les sites à forte utilisation. Après l'acquisition, l'équipe fondatrice de Zemetric rejoindra la direction de Blink, avec le fondateur Harmeet Singh qui deviendra Directeur Technique, Bonnie Datta assumant le rôle de SVP des opérations commerciales mondiales, et Kapil Singhi occupant un poste senior dans le développement mondial des chargeurs.
Blink Charging (NASDAQ: BLNK) hat die Übernahme von Zemetric, Inc. bekanntgegeben, einem in Silicon Valley ansässigen Unternehmen, das sich auf Ladeinfrastruktur für Flotten spezialisiert hat. Die Übernahme, die bis zum 11. Juli 2025 abgeschlossen sein soll, erweitert das Portfolio von Blink um Zemetrics intelligente L2-Ladeprodukte und deren Fachwissen.
Zemetric, gegründet im Jahr 2022, konzentriert sich auf interoperable Ladelösungen für Flotten, Mehrfamilienhäuser und stark genutzte Standorte. Nach der Übernahme wird das Gründerteam von Zemetric in die Führungsebene von Blink eintreten, wobei Gründer Harmeet Singh die Position des Chief Technology Officer übernimmt, Bonnie Datta als SVP für globale kommerzielle Operationen fungiert und Kapil Singhi eine leitende Position in der globalen Ladegeräteentwicklung einnimmt.
- Strategic acquisition enhances Blink's technology portfolio with intelligent L2 charging solutions
- Zemetric exceeded baseline projections in first year of commercial launch
- Acquisition strengthens leadership team with experienced EV industry executives
- Expands Blink's capabilities in fleet charging and high-utilization destination sites
- Acquisition price and financial terms not disclosed
- Transaction subject to closing conditions which could delay completion
Insights
Blink's strategic acquisition of Zemetric brings advanced EV charging technology and leadership expertise, potentially enhancing its competitive position.
Blink Charging's acquisition of Zemetric represents a strategic move to strengthen its position in the growing EV charging infrastructure market. This transaction brings Zemetric's specialized fleet charging solutions and intelligent energy management systems into Blink's portfolio, potentially enhancing its competitive capabilities against larger players in the industry.
The acquisition appears particularly focused on technology enhancement, with Blink highlighting Zemetric's "intelligent and flexible L2 product" as a key asset. This suggests Blink is prioritizing technological advancement to differentiate itself in the increasingly competitive EV charging space. Notably, Zemetric was founded relatively recently (2022) but has reportedly "delivered results exceeding baseline projections in its first year," indicating promising early performance.
Beyond technology assets, this deal brings valuable human capital to Blink. The appointment of Harmeet Singh as Chief Technology Officer adds leadership with experience at established energy companies like Shell. This executive integration, along with other Zemetric founders joining in leadership positions, could strengthen Blink's technical expertise and industry connections.
Blink's explicit mention of "steering towards profitability" in the announcement signals to investors that this acquisition aligns with its path to improved financial performance. However, the press release lacks financial details about the acquisition price or Zemetric's revenue contributions, making it difficult to assess the immediate financial impact on Blink.
Harmeet Singh Named Chief Technology Officer
Bowie, Md., July 14, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced the Company’s acquisition of
Founded in Silicon Valley by a team of transport electrification veterans in 2022, Zemetric simplifies charging with market-leading hardware, software and service solutions that are designed and built to be interoperable and highly reliable to scale electrification. Zemetric delivered results exceeding baseline projections in its first year of commercial launch.
“Zemetric is a future-ready organization with innovative tech solutions and expertise in high-utilization EV charging and intelligent energy management,” said Mike Battaglia, President and Chief Executive Officer of Blink Charging. “The Zemetric team has consistently delivered innovative, scalable solutions that meet the evolving needs of fleets and commercial customers. We are particularly excited about adding Zemetric’s intelligent and flexible L2 product to our lineup. Zemetric is a natural fit for our portfolio as we continue building a smarter, more connected charging ecosystem and steer towards profitability.”
Commenting on the acquisition, Harmeet Singh, Founder & CEO of Zemetric said, “We are proud to have created a charging company that focused on making the ICE to EV transition an easy button for our customers, and we look forward to writing the next chapter with the electrification-first team at Blink.”
The founding team of Zemetric will join Blink in roles that will add to its current leadership team.
Harmeet Singh will be the new Chief Technology Officer. Prior to founding Zemetric, Harmeet served as a technology leader at companies such as Shell and Greenlots and will bring his depth of industry experience to Blink as the company navigates an open charging ecosystem.
Bonnie Datta, Co-founder and CCO at Zemetric will be join the team as Senior Vice President of Global Commercial Operations. Kapil Singhi, Co-founder and Engineering Head will assume a senior role in global charger development.
Leading up to the acquisition, Blink underwent a comprehensive search process supported by energy transition-focused search firm Brightsmith Group.
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging networks (“Blink Networks”), EV charging equipment, and EV charging services. Blink Networks use proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit https://blinkcharging.com
Contacts:
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Felicitas Massa
PR@BlinkCharging.com
305-521-0200 ext. 266
Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446
