Blink Charging Announces Strategic Acquisition of Zemetric, Inc
Rhea-AI Summary
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.
Positive
- 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
Negative
- Acquisition price and financial terms not disclosed
- Transaction subject to closing conditions which could delay completion
News Market Reaction 6 Alerts
On the day this news was published, BLNK declined 0.71%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.2% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $749K from the company's valuation, bringing the market cap to $105M at that time.
Data tracked by StockTitan Argus on the day of publication.
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:
Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com
305-521-0200 ext. 266
Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446
FAQ
What company did Blink Charging (BLNK) acquire in July 2025?
Who is the new CTO of Blink Charging following the Zemetric acquisition?
When will the Blink Charging acquisition of Zemetric close?
What are the main benefits of Blink's acquisition of Zemetric?
How has Zemetric performed since its founding in 2022?
