Blink Charging Co - BLNK STOCK NEWS

Blink Charging UK partners with Evri to install EV charging hub at Rugby sorting center. Evri aims for net-zero emissions by 2035, selects Blink for reliable EV equipment. Charging site will accommodate hundreds of staff and fleet vehicles, operating 24/7. Blink provides smart charging solution up to 22kW, compliant with industry standards. Evri plans to electrify fleet with 167 electric vans and e-cargo bikes. Blink Charging UK to expand services in UK and Ireland.

Blink Charging Co. (BLNK) secures exclusive EV charging services contract with Keystone Purchasing Network, expanding its presence in the education sector. The contract, effective from March 1, 2024, allows Blink to provide charging solutions to schools and public agencies, potentially increasing its installed charging stations from 2,000. The partnership aims to support the growing demand for EVs and offer reliable charging services to educational institutions nationwide.

Blink Charging Co. promotes Jenifer Yokley to Chief Marketing Officer, signaling a new era of innovation and leadership. Yokley's extensive experience and strategic vision are expected to drive the company's global marketing efforts and propel Blink to new heights.

Blink Charging Co. (BLNK) reports a remarkable 130% increase in full-year 2023 revenues to $140.6 million, with a 112% increase in 4Q23 product revenues and a 40% increase in service revenues. The company achieved a record gross profit of $40.2 million for 2023 and strengthened its balance sheet by raising $113 million in gross proceeds. Blink also saw significant growth in charging station deployments, with 5,100 stations in 4Q23 and 23,347 stations in full-year 2023.

Blink Charging Co. (BLNK) establishes global headquarters in Maryland and plans to increase manufacturing capacity with a new LEED Gold-certified facility. The company aims to meet the rising global demand for EV charging infrastructure, emphasizing sustainability and innovation.

Blink Charging Co. (BLNK) anticipates exceeding revenue targets for Q4 2023 and full-year 2023, with Q4 revenue expected to surpass $42 million and full-year revenue to surpass $140 million. The company aims to achieve a positive Adjusted EBITDA run rate by December 2024.

Blink Charging Co. (BLNK) announces a record-breaking fourth-quarter 2023 revenue exceeding $42 million and a full-year 2023 revenue surpassing $140 million. The company aims for positive Adjusted EBITDA by December 2024.

Blink Charging Co. (BLNK) announced the installation of 20 IQ 200 chargers across four downtown parking garages in the City of Frederick, MD, to cater to the charging needs of residents and visitors. The strategic placement of the chargers near key retail, dining, and residential areas aims to enhance accessibility for users. The collaboration between Blink Charging and the City of Frederick signifies a groundbreaking advancement in the expansion and innovation of EV charging infrastructure. The City of Frederick Department of Economic Development is introducing membership options for residents, ensuring secured access to charging spots, granting them the flexibility to charge their vehicles at their convenience. The initiative is designed to cater to residents and frequent visitors, providing added convenience for their trips to the city. Mayor Michael O'Connor believes that together with Blink, they are powering Frederick towards a greener, more sustainable future. The initiative is also supported by the Greater Washington Region Clean Cities Coalition, aiming to improve equitable access to clean energy and transportation.

Blink Charging Co. has been named the official EV charging provider for Allegiant Stadium, home of the Las Vegas Raiders, offering much-needed reliable EV charging solutions for drivers. The chargers, operational 24/7, will provide EV owners with the flexibility to utilize Allegiant Stadium’s charging facilities at any time, whether attending a major game, shopping, enjoying a concert, participating in an event at the stadium, or simply passing by and in need of a quick charge. Allegiant Stadium's commitment to sustainability is further reinforced by this partnership, following its LEED Gold Certification and becoming the inaugural professional football stadium powered entirely by renewable energy.