Blink Charging Co Stock Price, News & Analysis

Blink Charging Co. (Nasdaq: BLNK, BLNKW) has entered a reseller agreement with Lion Electric, enabling Lion Electric to offer Blink’s EV charging solutions tailored for electric bus fleets and schools. This initiative aims to facilitate the transition to zero-emission vehicles amidst rising demand for electric school buses. Blink's chargers, known for their speed and reliability, will support operational efficiency for these fleets. The collaboration aligns with the growing trend towards electric vehicles, supported by various incentives for schools and fleet operators.

Blink Charging (Nasdaq: BLNK, BLNKW) has signed a seven-year exclusive agreement with Lehigh Valley Health Network (LVHN) to deploy 219 EV chargers across its healthcare facilities in Pennsylvania. This partnership underscores LVHN's commitment to sustainability and clean transportation, enhancing the accessibility of EV charging for staff and visitors. Initial installations will start at Lehigh Valley Hospital, with the remainder set for deployment in 2021. The agreement allows for two additional seven-year extensions, reflecting a long-term strategy to support the growing demand for EV infrastructure.

Blink Charging Co. (Nasdaq: BLNK, BLNKW) announced the installation of ten IQ 200 EV chargers at St. Luke’s University Health Network in Pennsylvania, increasing the total to 26 chargers across its campuses. Blink is also set to install eight more chargers at the Allentown campus. This initiative is part of a contract established in January 2019, aimed at making EV charging more accessible. The project is funded through a grant from the Driving PA Forward initiative, enhancing Blink's presence in the healthcare sector amid growing EV demand.

Blink Charging Co. (Nasdaq: BLNK, BLNKW) has signed a 5-year exclusive contract with Blessing Health System in Quincy, Illinois, to deploy 20 Blink-owned IQ 200 charging units. This agreement includes two additional 5-year renewal options, highlighting Blink's commitment to expanding EV charging solutions in healthcare facilities. The partnership aims to enhance convenience for patients and employees, addressing the growing demand for EV charging infrastructure in less urban areas.

Blink Charging Co. (Nasdaq: BLNK, BLNKW) has introduced an innovative pole mounting kit for its IQ 200 EV charging stations, enhancing its product range. The kit allows installation on existing infrastructure, potentially increasing deployment opportunities for EV chargers. CEO Michael D. Farkas highlighted the kit's role in expanding EV charging access in urban areas. This announcement follows the recent launch of a cable management solution. Blink is committed to making EV charging accessible at numerous locations, supporting the projected rise in EV adoption worldwide.

Connecticut Green Bank has launched a pioneering carbon offset credit project for electric vehicle (EV) charging systems, marking the first of its kind registered under Verra's new methodology. Collaborating with partners including Blink Charging and Proterra, the initiative involves 725 EV charging stations across the U.S. The project aims to attract private investment from carbon capital markets, enhancing EV infrastructure deployment. It emphasizes performance-based funding, allowing EV chargers to earn credits based on electricity dispensed, thereby contributing to climate change mitigation.

Blink Charging Hellas has secured a purchase agreement with Public Power Company (PPC S.A.) for 45 dual-port charging stations in Greece, valued at 224,874 € (approximately $272,451). This is the first step following PPC's goal to deploy 10,000 charging stations nationwide. The Blink IQ 250-EU chargers, designed and manufactured in Greece, emphasize quality and connectivity. The agreement signals Blink’s expanding presence in early EV markets and builds on previous partnerships in the Dominican Republic and Panama.

Blink Charging Co. (NASDAQ: BLNK, BLNKW) will participate in the Water Tower Research Virtual Conference and Fireside Chat on December 8, 2020, at 11:00 am ET. COO Brendan Jones will discuss the company’s operations and recent acquisitions, including U-Go Stations Inc. and BlueLA Carsharing LLC. Blink operates over 23,000 EV charging stations globally, with an aim to expand as EV demand is projected to rise significantly by 2025. Investors can register for the event to gain insights into Blink's strategic plans and operational updates.

Blink Charging Co. (Nasdaq: BLNK, BLNKW) has partnered with JSC Management Group, a major Burger King franchisee, to install EV charging stations at key Burger King locations across the Northeast. Blink will own and operate these 26 dual-port Level 2 IQ 200 charging stations, which will be deployed at 10 selected sites, enhancing Blink's regional expansion. This collaboration aims to meet the growing demand for EV infrastructure within the restaurant sector, benefiting both Blink and JSC.