Blink Charging Co Stock Price, News & Analysis

Blink Charging Co. (Nasdaq: BLNK) announced the appointment of Michael C. Battaglia as Vice President of Sales, effective immediately. Battaglia brings over 25 years of automotive and technology experience, previously serving as Vice President of Sales for the Global Automotive Division at J.D. Power. His extensive knowledge and connections in the automotive sector are expected to strengthen Blink’s growth and global expansion efforts. The company has deployed over 23,000 charging stations worldwide and seeks to capitalize on the increasing demand for electric vehicle infrastructure.

Blink Charging Hellas, a partnership between Blink Charging Co. and Eunice Energy Group, has collaborated with Nissan Nik. I. Theocharakis S.A. to enhance e-mobility in Greece. This strategic alliance will establish a charging infrastructure at Nissan locations and among authorized dealerships across the country, providing home EV chargers with exclusive pricing for Nissan customers. Both companies aim to foster sustainable mobility and expand Blink's international footprint. The partnership is expected to drive investments that support green growth and contribute positively to the economy.

Blink Charging Co. (Nasdaq: BLNK) and EnerSys (NYSE: ENS) have formed a Memorandum of Understanding to develop advanced DC fast charging systems with integrated battery storage for electric vehicles. This collaboration aims to combine EnerSys’ patented energy transfer technology with Blink’s wireless charging innovations, creating efficient charging solutions. The next-generation systems will feature a modular design with 100-500 kW output, supporting the burgeoning EV infrastructure market projected to reach USD $140 billion by 2030. Blink's CEO emphasizes innovation for a seamless EV charging experience.

Blink Charging Co. (NASDAQ: BLNK) has installed a dual 80 Amp IQ 200 charging station at Fort George Brewery in Astoria, OR. This installation supports local green initiatives and is backed by a grant from Pacific Power, which funds up to 100% of eligible EV charging equipment costs for non-residential customers. The IQ 200 stations charge at up to 19.2 kW, reducing charging times. With nearly 400 Blink chargers in Oregon, this addition reinforces Blink's role in expanding EV infrastructure as demand for electric vehicles grows.

Blink Charging Co. (Nasdaq: BLNK) has secured a grant to deploy 200 Fast Level 2 EV charging stations across the Mid-Atlantic region, specifically in Virginia, Maryland, West Virginia, and Washington, D.C. This initiative, part of the Mid-Atlantic Electrification Partnership, aims to enhance electric vehicle accessibility and infrastructure. The project will identify charging locations starting October 2020 and is expected to facilitate the use of various electric vehicle types, supporting both consumers and fleet operators. Blink’s advanced 19.2 kW chargers are significantly faster than previous models.

Blink Charging Hellas, a joint venture between Blink Charging and Eunice Energy Group, will host the event "Charging the Future, Connecting the World" on July 15, 2020, in Athens. The U.S. Ambassador to Greece, Geoffrey R. Pyatt, will discuss the vision for EV infrastructure. Greece aims for one in three new vehicles to be electric by 2030. Blink Charging Hellas has installed 33 EV charging stations across the country. COVID-19 restrictions prevent CEO Michael D. Farkas from attending, but he expressed strong support for Greece's EV commitment and the need for cleaner transportation.

Blink Charging Co. (Nasdaq: BLNK) has welcomed Apple's announcement that the new Apple Maps on iOS14 will feature Electric Vehicle (EV) charge routing, directing users to Blink's charging stations. This update, revealed at Apple's WWDC on June 21, 2020, enhances convenience for EV drivers by automatically adding charging stops based on vehicle compatibility and charging rates. Farkas, CEO of Blink, emphasized that this integration will reduce range anxiety and promote the growing network of Blink charging stations for current and prospective EV owners.

Blink Charging Co. (Nasdaq: BLNK) is expanding its presence in Portland, Oregon, with the installation of seven IQ 200 charging stations at the 10th & Yamhill SmartPark Garage. This deployment, part of a broader initiative, brings the total number of Blink stations in the city to 14. The new stations, equipped with dedicated 80-amp circuit breakers, will deliver efficient 19.2 kW charging. This effort reflects Portland's commitment to eco-friendly infrastructure and enhances Blink's market position in electric vehicle charging solutions.

Blink Charging Co. (Nasdaq: BLNK) announced the deployment of its 1,000th IQ 200 level 2 charging station, marking a significant milestone in its expansion strategy. The new charging stations are strategically placed across 30 states, enhancing access to fast EV charging in high-demand regions. With a capacity to deliver 65 miles of charge in just one hour, the IQ 200 units set a new standard in charging efficiency, catering to evolving EV technologies. Blink has deployed over 23,000 charging stations nationwide, positioning itself as a key player in the growing electric vehicle market.