STOCK TITAN

Group Bernaerts & Blink Charging Team Up to Expand EV Infrastructure in Antwerp and Mechelen

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Blink Charging (NASDAQ: BLNK) has expanded its partnership with Belgian office property company Group Bernaerts to enhance EV charging infrastructure in Antwerp and Mechelen. Group Bernaerts currently operates 88 Blink charging stations across its properties and plans to double this number by the end of 2025.

The collaboration, which began in 2022, addresses the growing demand for structured EV charging solutions in multi-tenant office environments. Group Bernaerts is expanding both underground and above-ground charging infrastructure, with a focus on semi-public chargers near highways and event venues for after-hours utilization. The partnership has already shown success, with charging usage tripling year-over-year at existing locations.

Loading...
Loading translation...

Positive

  • Planned expansion to double charging stations from 88 to 176 by end of 2025
  • Triple year-over-year growth in kilowatt-hours charged at existing locations
  • Strategic placement near highways and venues enables 24/7 utilization
  • Strong daily utilization of all existing charging stations

Negative

  • None.

News Market Reaction 16 Alerts

+7.62% News Effect
+12.7% Peak Tracked
-3.6% Trough Tracked
+$9M Valuation Impact
$127M Market Cap
0.7x Rel. Volume

On the day this news was published, BLNK gained 7.62%, reflecting a notable positive market reaction. Argus tracked a peak move of +12.7% during that session. Argus tracked a trough of -3.6% from its starting point during tracking. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $9M to the company's valuation, bringing the market cap to $127M at that time.

Data tracked by StockTitan Argus on the day of publication.

Leading Office Property Company Aims to Host at Least 176 Active Blink Chargers by End of 2025

Antwerp, Belgium, July 21, 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 its collaboration with leading Belgian office property company, Group Bernaerts, to expand upon Group Bernaerts’ sustainability goals for its Belgian properties.

Evolving from a collaboration that began in 2022, Group Bernaerts now operates 88 Blink charging stations across its various properties in Antwerp and Mechelen. This number is expected to double by the end of this year, with Group Bernaerts planning to expand its charging infrastructure, both underground and above ground.

“We offer EV charging parking management solutions through collaborations with third parties,” said Alex Calnan, Managing Director of Europe at Blink Charging. “Using platforms specifically designed for complex multi-tenant environments, we optimize the use of parking spaces are actively utilized rather than left vacant. This maximizes the value of each charging location, benefiting both the property owner and the community.”

“Every single one of the Blink Chargers on our properties in Antwerp and Mechelen is used daily,” said Nico Van Daele, Managing Director of Group Bernaerts. “In fact, the number of kilowatt-hours charged at our sites has tripled each year. The comprehensive service that Blink delivers was exactly what we needed – and what our tenants wanted.”

“Above ground, we will focus on semi-public chargers near highways, concert halls, and event venues,” said Van Daele. “This way, the chargers will also be useful after office hours and on weekends.”

Before the collaboration began, office tenants were independently installing their own charging stations in their designated parking spaces, each using private meters. This led to an uncontrolled proliferation of charging stations, creating significant technical and operational challenges. To regain control, and implement a more structured approach, Group Bernaerts reached out to Blink.

“Office owners are rapidly being confronted with this new, urgent need from their tenants. We understand that this can be overwhelming. That’s why we take over the entire process, from technical analysis and design to installation and implementation,” explained Anthony Poshcet, Head of European Sales and Marketing at Blink. “Plus, every client has a dedicated contact person at Blink to answer questions and provide support. Group Bernaerts is one of the first real estate owners to proactively invest in charging infrastructure for their tenants - an essential need that will only continue to grow. Their forward-thinking approach aligns perfectly with our own drive to continuously adapt to change.”

About Group Bernaerts
Group Bernaerts develops, constructs, rents, and sells commercial real estate in the Antwerp and Mechelen regions. The group rents approximately 210,000 m² of office space, logistics sites, and semi-industrial properties.

Learn more at https://groupbernaerts.be/en/

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 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/

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com


FAQ

How many EV charging stations will Blink Charging (BLNK) install for Group Bernaerts by 2025?

Group Bernaerts plans to have at least 176 active Blink charging stations by the end of 2025, doubling their current count of 88 stations.

Where are Blink Charging's (BLNK) new EV stations being installed in Belgium?

The charging stations are being installed at Group Bernaerts' properties in Antwerp and Mechelen, both underground and above ground, including locations near highways, concert halls, and event venues.

What is the current usage rate of Blink Charging (BLNK) stations at Group Bernaerts properties?

According to Group Bernaerts, every Blink charger is used daily, with the number of kilowatt-hours charged at their sites tripling each year.

How does Blink Charging (BLNK) manage EV charging in multi-tenant office buildings?

Blink uses specialized platforms for complex multi-tenant environments to optimize parking space utilization and provides comprehensive services from technical analysis and design to installation and implementation.

When did Blink Charging's (BLNK) partnership with Group Bernaerts begin?

The collaboration between Blink Charging and Group Bernaerts began in 2022.
Blink Charging Co

NASDAQ:BLNK

BLNK Rankings

BLNK Latest News

BLNK Latest SEC Filings

BLNK Stock Data

101.86M
138.32M
1.96%
20.59%
16.54%
Engineering & Construction
Miscellaneous Transportation Equipment
Link
United States
MIAMI BEACH