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Blink Charging Co. - BLNK STOCK NEWS

Welcome to our dedicated page for Blink Charging Co. news (Ticker: BLNK), a resource for investors and traders seeking the latest updates and insights on Blink Charging Co. stock.

Blink Charging Co. (NASDAQ: BLNK, BLNKW) is a prominent leader in the public electric vehicle (EV) charging sector in the United States. Headquartered in Florida, with additional offices in Arizona and California, Blink Charging is dedicated to accelerating the adoption of public EV charging. The company provides a range of EV charging equipment and connectivity solutions through its cloud-based Blink Network, which operates, manages, and tracks Blink EV charging stations and all associated data.

Blink Charging caters to a wide array of property partners, including multifamily residential complexes, commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking areas, schools, and workplaces. This diverse presence ensures that EV drivers can easily recharge their vehicles at a variety of convenient locations.

The company’s core business revolves around the sale and distribution of EV charging equipment and the revenues generated from customers and property partners who utilize equipment connected to its network. Blink Charging not only sells and installs charging stations but also offers a comprehensive suite of services to maintain and optimize their operation.

One of Blink Charging’s recent achievements includes the initial steps to provide twelve chargers at a high-volume sorting center in Rugby, UK. This marks a significant step in expanding their footprint beyond the United States. Additionally, the company has introduced Blink Care, an optional maintenance program designed to minimize charger downtime and enhance the overall charging experience for users.

Blink Charging’s strategic vision is further evidenced by its selection as one of the EV charging providers designated to support a more sustainable future by expanding charging infrastructure. Financially, Blink Charging maintains a robust position, with substantial proceeds from recent initiatives aimed at bolstering its market presence.

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Blink Charging Co. has launched its advanced EQ 200 charger in the UK and Ireland. The charger is a scalable and bi-directional solution with vehicle-to-grid capability, designed to boost the development of an effective EV charging infrastructure. It features smart connectivity options and can interact with load-balancing and intelligent energy management systems. The compact charger is suitable for workplace, parking operators, and residential users, offering up to 22kW of charging power output.
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Blink Charging Co. will announce its Q3 2023 results on November 9, 2023. The company is a leading global manufacturer, owner, operator, and provider of electric vehicle charging equipment and services. A conference call and webcast will be held to discuss the results.
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Blink Charging announced the installation of a charging station in El Salvador as part of its agreement with AES. Nine more stations will be installed by the end of 2023, connecting 325 kilometers of routes. The stations will be strategically placed in convenient locations. Blink's IQ200 chargers can deliver up to 80 amps of output and provide approximately 65 miles of charge in one hour. Installation of the charger at Texaco Juan Pablo follows similar moves by Blink in the US and Latin America.
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Blink Charging announces that its subsidiary, Blue Corner, has been rebranded as Blink Charging, allowing for further expansion in Europe. The acquisition of Blue Corner in 2021 provided Blink Charging with a significant infrastructure footprint in Belgium, and the rebranding will make EV charging more accessible in the region. Customers and clients will benefit from Blink Charging's global experience and assets, as well as its well-established systems and advanced network capability.
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Blink Charging Co. has installed Level 2 (L2) electric vehicle chargers at five restaurant locations in Puerto Rico as part of an agreement with Arcos Dorados. The installation aims to promote the adoption of electric vehicles in Puerto Rico and strengthen range confidence for EV drivers.
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Blink Charging files shelf registration statement to access capital markets in the future
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Blink Charging secures contract as official EV charging provider for the City of Miami Beach
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Blink Charging Co. announced the installation of six Level 2 chargers at Jon Henry’s General Store in New Market, VA, reinforcing Blink's commitment to the Mid-Atlantic Electrification Partnership. The collaboration between Blink and Jon Henry's General Store marks an intersection of tradition and innovation. Blink also raised its 2023 revenue target from $100-$110 million to $110-$120 million.
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Blink Charging Co. and Parkopedia have agreed to integrate over 4,000 Blink EV charging locations onto the Parkopedia platform in North America, granting access to nearly 12,000 Blink public EV chargers. This collaboration will improve the EV driver's ability to locate charging points and address concerns about charging infrastructure availability.
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Blink Charging announces agreement with Moberly Motors and Electric Era for the deployment of a PowerNode charging station at Moberly Motor's dealership location in Moberly, MO.
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FAQ

What is the current stock price of Blink Charging Co. (BLNK)?

The current stock price of Blink Charging Co. (BLNK) is $1.49 as of December 20, 2024.

What is the market cap of Blink Charging Co. (BLNK)?

The market cap of Blink Charging Co. (BLNK) is approximately 147.7M.

What does Blink Charging Co. do?

Blink Charging Co. provides public electric vehicle (EV) charging equipment and cloud-based software to manage and operate EV charging stations.

Where is Blink Charging Co. headquartered?

Blink Charging Co. is headquartered in Florida, with additional offices in Arizona and California.

What services does Blink Charging offer?

Blink Charging offers a range of EV charging equipment, connectivity through the Blink Network, and a maintenance program called Blink Care.

Who are Blink Charging’s property partners?

Blink Charging’s property partners include multifamily residential complexes, commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking areas, schools, and workplaces.

What is the Blink Network?

The Blink Network is a cloud-based software platform that operates, manages, and tracks Blink EV charging stations and associated data.

How does Blink Charging generate revenue?

Blink Charging generates revenue through the sale and distribution of EV charging equipment and from customers and property partners who use its network-connected equipment.

What recent expansion has Blink Charging undertaken?

Recently, Blink Charging began the installation of twelve chargers at a high-volume sorting center in Rugby, UK.

What is Blink Care?

Blink Care is an optional maintenance program designed to reduce charger downtime and provide a seamless charging experience.

What is Blink Charging’s latest achievement?

Blink Charging was chosen as one of the EV charging providers designated to expand charging infrastructure and support a more sustainable future.

How can I contact Blink Charging for media inquiries?

For media inquiries, contact Nipunika Coe at PR@BlinkCharging.com or call 305-521-0200 ext. 266.

Blink Charging Co.

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147.72M
95.31M
5.81%
37.9%
24.06%
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