CORRECTION - Blink Charging Teams with Korian to Offer Expanded EV Infrastructure Throughout Belgium
Rhea-AI Summary
Blink Charging (NASDAQ: BLNK) and Korian Belgium announced a nationwide EV charging rollout in Belgium, with over 200 Blink-owned chargers planned across 90 Korian locations. Three sites are live and installations are phased; Blink expects the majority of the countrywide network installed by end of 2026. Blink will finance, install, operate, maintain and support chargers, while Korian sites receive recurring income and no upfront costs. The infrastructure will serve employees, residents, visitors and the public, with a similar roll-out planned for Korian Netherlands.
Positive
- Planned >200 chargers across 90 Korian locations in Belgium
- Three sites live as installations have already begun
- Majority installed by end of 2026 (company target)
- Blink-financed model requires no upfront cost to Korian and provides recurring site income
- Blink handles full lifecycle: installation, operation, maintenance, and 24/7 support
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
BLNK was up 3.27% while sector peers showed mixed moves (e.g., ONEG up 6.49%, VATE down 3.16%). Momentum scanner flagged only 1 peer, suggesting a company-specific move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 04 | Commercial partnership | Positive | +3.3% | Nationwide Korian Belgium EV rollout with 220 ports across 90 locations. |
| Feb 11 | Strategic partnership | Positive | -0.2% | BetterFleet collaboration to integrate EV hardware with AI fleet software. |
| Jan 06 | Product expansion | Positive | +12.4% | Launch of crypto payments using USDC at select DC fast charging sites. |
| Dec 11 | Equity offering | Negative | -6.2% | Public offering of 26,666,666 shares at $0.75 for about $20M gross proceeds. |
| Nov 17 | Contract award | Positive | -0.7% | Sourcewell contract expanding access to charging solutions for 50,000 entities. |
News-driven moves have been mixed: some commercial wins aligned with gains, while others saw flat-to-negative reactions, and the dilutive offering drew a clear negative response.
Over recent months, Blink reported several commercial and financing milestones. A Belgium-wide Korian rollout with 220 ports across 90 sites on Mar 4, 2026 coincided with a 3.27% rise. Earlier, a BetterFleet fleet-management partnership in Feb 2026 had a slightly negative reaction, while a crypto-payments launch in Jan 2026 saw a 12.43% gain. A $20M stock offering in Dec 2025 led to a -6.15% move, and a Sourcewell contract that same period drew a small decline.
Market Pulse Summary
This announcement expands Blink’s footprint via a fully financed EV charging rollout of 220 planned ports across 90 Korian sites in Belgium, targeting completion by the end of 2026. Recent history shows both strong positive reactions to product news and pressure around capital-raising and going-concern disclosures. Investors may watch execution milestones, installation pacing, and future financing events to assess how this network scales and supports Blink’s longer-term trajectory.
Key Terms
ev charging technical
smart charging technology technical
corporate social responsibility financial
AI-generated analysis. Not financial advice.
Three Sites Now Live as Blink Advances EV Charging Rollout of 220 Planned Charging Ports Across 90 Korian Locations Throughout Belgium
Antwerp, BELGIUM, March 05, 2026 (GLOBE NEWSWIRE) -- Korian Belgium, a provider of elderly care services, has selected Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator and provider of electric vehicle (EV) charging equipment and services, as its EV charging collaborator for a nationwide EV charging project. For this collaboration, Blink plans to invest in and deploy over 200 Blink-owned chargers across 90 Korian locations throughout Belgium, creating one the largest EV charging networks in the Belgian elderly care sector. A similar roll-out for Korian Netherlands is planned.
By choosing Blink’s fully financed investment model, Korian enables the rapid expansion of sustainable mobility on its sites without upfront costs. Blink is responsible for the complete lifecycle of the chargers—installation, operation, maintenance, and customer support—while the sites generate an additional, recurring income stream for Korian.
The new charging infrastructure is intended to provide convenient and reliable charging to Korian employees and residents, visitors and family members, local residents, and the public at large.
“This new network of the planned 90 locations provides charging across Belgium,” said Chris Carr, Senior Vice President, Sales and Business Development for Blink. “As more drivers transition to EVs, it’s essential that we continue to provide this kind of accessible and high-quality infrastructure. With our smart charging technology, smooth user authentication, and 24/7 customer support, we aim to provide drivers a high-quality charging experience at every location. We are excited to be working closely with Korian towards this goal and look forward to having the majority of the planned countrywide network for Belgium installed by end of 2026."
Blink and Korian have been working in close collaboration to ramp up the installations, which have already begun. Based on prioritised locations, the project is planned to be rolled out in phases across selected Korian facilities, with several chargers already in place at nursing homes and Korian office locations.
“By teaming with Blink and moving forward with our EV infrastructure goals, we not only strengthen our Corporate Social Responsibility strategy, but we also reaffirm our shared mission to bring a heightened level of convenience to the families and employees at Korian locations, and surrounding residents,” said Dominiek Beelen, Korian’s CEO. “We look forward to working closely with Blink to make these sustainability and accessibility goals a reality in Belgium and beyond.”
About Korian
Korian Belgium (part of the Clariane group) provides elderly care to older and vulnerable people since 2005. In addition to residential care, the organisation also delivers nursing and care services at home. Every day, more than 9,500 employees care for over 12,500 residents across 117 residential care homes throughout Belgium. Korian Belgium also employs 550 professionals and works with 120 self-employed nurses who provide care in people’s homes. For more information, please visit www.korian.be.
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 network (“Blink Network”), EV charging equipment, and EV charging services. 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. Blink has established key strategic collaborations 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 Charging 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 achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com
Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
FAQ
How many chargers will Blink deploy for Korian Belgium (BLNK) and by when?
Which Korian Belgium sites already have Blink chargers active as of March 5, 2026?
What costs will Korian Belgium incur for the Blink (BLNK) charging infrastructure?
Who is responsible for operating and maintaining the Blink chargers at Korian sites?
Will the Blink and Korian Belgium partnership expand beyond Belgium?
