Welcome to our dedicated page for Blink Charging Co news (Ticker: BLNK), a resource for investors and traders seeking the latest updates and insights on Blink Charging Co stock.
Blink Charging Co. (NASDAQ: BLNK) is an owner, operator, and provider of electric vehicle (EV) charging equipment and services, and it regularly issues news updates that reflect its activity across hardware, software, partnerships, and capital markets. The company’s press releases highlight developments in its EV charging networks, new product launches, strategic contracts, and financial performance.
Readers following BLNK news can expect coverage of agreements with property owners, housing providers, and public sector entities to deploy Level 2 and DC fast charging stations. Recent announcements include collaborations with multifamily residential complexes, social housing organizations, and local councils in the United Kingdom, where Blink Charging UK Ltd. is delivering public charging infrastructure under government-supported programs.
Blink’s news flow also features product and technology updates, such as the launch of its Shasta line of Level 2 chargers for multifamily and fleet markets and the introduction of cryptocurrency payment options using USD Coin (USDC) on networks like Ethereum, Arbitrum, Polygon, and Base at select Blink-owned DC fast charging sites. These updates illustrate how the company combines hardware and network software to address evolving customer requirements and payment preferences.
In addition, Blink regularly reports its quarterly financial results, providing detail on product revenues, service revenues, and other revenues, as well as gross margins and operating expenses. Capital raising activities, including public offerings of common stock and related agreements with placement agents, are also disclosed through press releases and associated SEC filings. For investors and observers, the BLNK news page offers a centralized view of the company’s operational initiatives, partnerships, product evolution, and financing actions over time.
Blink Charging Co. (Nasdaq: BLNK) has signed a two-year interoperability agreement with SemaConnect, enhancing EV charging accessibility. Starting in 2021, the agreement allows users to access over 15,000 charging units without needing multiple accounts. This partnership aims to boost range confidence for users by creating a more connected charging infrastructure. Blink's COO emphasized the importance of interoperability in building a comprehensive EV charging network, while SemaConnect's CEO expressed excitement about increased options for customers.
Blink Charging Co. (Nasdaq: BLNK) announced a partnership with Cushman & Wakefield to market and potentially deploy Blink charging stations, including the Blink IQ 200, across the U.S. Cushman & Wakefield will use its extensive brokerage network to promote these stations at their commercial properties, which presents a significant channel for Blink's sales. The Blink IQ 200 units are recognized as fast-charging solutions, providing up to 65 miles of charge in an hour. This collaboration aims to enhance EV charging accessibility and contribute to sustainable transportation solutions.
Blink Charging Co. (Nasdaq: BLNK) will report its second quarter 2020 financial results on August 13, 2020, after market close. The company will hold a conference call at 4:30 p.m. ET to discuss these results. Investors can access the live webcast through the Blink Charging website or by phone. A replay will be available until September 13, 2020. Blink Charging operates over 23,000 EV charging stations and is well-positioned to benefit from the projected increase in global EV purchases, which are expected to rise to 10 million by 2025.
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.
FAQ
What is the current stock price of Blink Charging Co (BLNK)?
What is the market cap of Blink Charging Co (BLNK)?
