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Blink Charging Announces Plan to Change Name and Rebrand to Blink Energy - Building on Global Charging Footprint to Expand Energy Management and Storage

EnergyConnect is deployed at 52 Blink-owned fast-charging sites as the company pursues broader software and energy-service revenue.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Blink Charging (NASDAQ: BLNK) plans to rebrand as Blink Energy, expanding its focus across EV charging, energy management and battery storage. The strategy builds on more than 48,000 networked chargers worldwide.

Its EnergyConnect platform is deployed at 52 Blink-owned DC fast-charging sites, with 26 actively using load management. At one site, billed peak demand declined 23% in the first month of implementation, September 2026; the result is preliminary and location-specific. Blink plans to expand platform availability across its United States and European customer base and deploy integrated battery storage at selected sites. Further storage expansion depends on local conditions and electricity rates supporting a business case. Blink aims to expand recurring revenue through software and related energy services.

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5 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate point. Forward-looking: it has not happened yet and may not happen.EnergyConnect availability is planned to expand across Blink’s United States and European customer base.
  • Moderate point. Forward-looking: it has not happened yet and may not happen.Battery storage deployments are planned at selected locations, including fast-charging sites with high utility demand charges.
  • Minor pointEnergyConnect is deployed at 52 Blink-owned DC fast-charging sites; 26 actively use load management.
  • Minor pointBilled peak demand fell 23% at one site in September 2026’s first implementation month; results are preliminary and location-specific.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Software and related energy services are intended to expand long-term recurring revenue opportunities.

Negative

  • Minor point. Forward-looking: it has not happened yet and may not happen.Further battery storage expansion depends on local conditions and electricity rates supporting a business case.
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Details

Market Reaction – BLNK

$0.41 – $0.43 Day Range
$60.50M Mkt Cap at Last Price

On Oct 29, the day this news came out, the latest delayed price for BLNK is 2.10% above the previous close. The latest delayed price is $0.42.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Networked chargers: More than 48,000 chargers EnergyConnect deployment: 52 sites Sites using load management: 26 sites +1 more
Networked chargers
More than 48,000 chargers
Global charging footprint
EnergyConnect deployment
52 sites
Blink-owned DC fast-charging sites
Sites using load management
26 sites
Actively using load management
Peak demand decline
23%
Billed peak demand at one site within the first month of implementation

Historical Context

1 past event · Latest: Aug 18
1 event
  1. Aug 18

    EnergyConnect launch

    24h Move
    -3.8%

    Launched EnergyConnect across 13 Blink-owned DC fast-charging sites, with phased regional rollout planned.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

utility demand charges, load management
2 terms
utility demand charges technical
"Utility demand charges and limits on available electrical capacity can increase operating costs"
Charges on an electricity bill that recover the utility’s cost of providing capacity by billing customers for their peak rate of power use rather than the total energy consumed. Utilities measure a customer’s highest average power demand over a short interval (commonly 5–15 minutes) during the billing period and apply a dollar-per-kilowatt charge; some tariffs use the single highest month or a multi-month “ratchet” to set the charge. Demand charges are distinct from energy charges (which bill kilowatt‑hours) and typically apply mainly to commercial and industrial accounts; they can be based on the customer’s own peak (non‑coincident) or the system peak (coincident) depending on the tariff.
load management technical
"actively using load management to control charging demand"
Load management is a deliberate strategy to limit, schedule or rotate the amount of work, stress or use placed on a person, machine or system so it performs reliably over time and avoids breakdowns or costly repairs. For investors, it signals how a company protects valuable resources — such as employees, equipment, or intellectual property — to safeguard future productivity, control costs and reduce the risk of unexpected disruptions to revenue.

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With more than 48,000 networked chargers globally, Blink sees opportunities to help customers manage electricity costs, optimize available power and expand charging infrastructure

HENDERSON, Nev., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a global owner, operator and provider of electric vehicle (EV) charging and energy management solutions, today announced its plan to change its name and rebrand to “Blink Energy™,” reflecting the Company’s expansion across three complementary offerings: EV charging, energy management and battery energy storage.

The new name and brand builds on Blink’s established charging business and its footprint of more than 48,000 networked chargers worldwide. That footprint provides a foundation for bringing energy management software and battery storage solutions to existing customers, while pursuing new opportunities with businesses seeking greater control over electricity demand, capacity, and cost.

For charging site operators and commercial property owners, installing chargers is only part of the challenge. Utility demand charges and limits on available electrical capacity can increase operating costs and complicate expansion, particularly at DC fast-charging locations. Blink’s strategy combines charging infrastructure with software that manages charging demand and battery storage that can reduce reliance on grid power during peak periods.

“EV charging remains at the core of our business, and our charging footprint gives us a strong foundation to address the energy challenges our customers face,” said Mike Battaglia, President and Chief Executive Officer of Blink Charging Co. “Customers want to add charging capacity while keeping electricity costs under control. Blink Energy reflects our strategy to bring charging, energy management and battery storage together to meet those needs—and build a broader recurring revenue business in the process.”

EnergyConnect™: Expanding the Value of Blink’s Charging Infrastructure

EnergyConnect, Blink’s AI-driven energy management platform, works alongside Blink chargers to balance charging loads in real time, manage peak demand, and help sites add chargers within their existing electrical capacity. The platform is currently deployed across 52 Blink Owned DC fast-charging sites, including 26 actively using load management to control charging demand.

Early utility billing data indicates lower peak demand at sites following activation. At one site, billed peak demand declined 23% within the first month of implementation (September 2026). While preliminary and specific to that location, the result provides an encouraging early indication of the opportunity to improve site economics through active load management.

Blink plans to expand EnergyConnect’s availability across its customer base in the United States and Europe. These customer relationships provide an opportunity to grow software subscription revenue while helping customers make better use of their charging infrastructure and available electrical capacity.

Battery Storage: Addressing Peak Demand and Capacity Constraints

Blink has identified several locations, including DC fast-charging sites with high utility demand charges, where it plans to deploy battery energy storage integrated charging through its EnergyConnect platform. The Company also intends to expand these energy management and storage solutions to additional sites where local conditions and electricity rates support a strong business case.

By storing energy for use during periods of higher demand, batteries can complement charging load management, reduce peak electricity drawn from the grid and help control associated costs. Together, these capabilities can give customers greater flexibility in how they operate and expand charging infrastructure.

Through its three complementary offerings, Blink is pursuing a broader role in managing the energy that powers its customers’ operations. The strategy builds on the Company’s charging foundation to deepen customer relationships, improve site economics and expand long-term recurring revenue opportunities through software and related energy services.

###

About Blink Energy

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 network (“Blink Network”), EV charging equipment, EV charging services and energy management solution, EnergyConnect. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data.

EnergyConnect is designed to help commercial customers and charging site operators monitor, manage, and optimize energy consumption associated with EV charging infrastructure.

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/

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Energy and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including expanding the availability of EnergyConnect across its customer base in the U.S. and Europe and successfully implementing its business strategy to deepen customer relationships, improve site economics and expand long-term recurring revenue opportunities through software and related energy services, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Energy undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Investor Relations Contact 
Vitalie Stelea 
IR@BlinkCharging.com 

Blink Media Contact
Elizabeth Haarmann
PR@BlinkCharging.com


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