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Blink Charging Co - BLNK STOCK NEWS

Welcome to our dedicated news page for Blink Charging Co (Ticker: BLNK), a resource for investors and traders seeking the latest updates and insights on Blink Charging Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blink Charging Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blink Charging Co's position in the market.

Rhea-AI Summary
Blink Charging appoints Aric Ohana as President of Blink Mobility, signaling growth in the electric car-sharing market. Ohana will lead the company's expansion and advance EV adoption. Blink Mobility aims to be the market leader with the merger of Envoy and BlueLA. Blink Mobility was awarded $7.5 million in RGGI auction proceeds to bring electric car-sharing to New Jersey communities. Blink Charging plans to spin off Blink Mobility as a pro rata dividend to existing shareholders.
Rhea-AI Impact
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End-of-Day
-1.25%
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Rhea-AI Summary
Blink announces two-year contract with TVA for EV charging solutions, including Level 2 and DC Fast Chargers
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-5.32%
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Rhea-AI Summary
Blink Charging announces agreement with Arcos Dorados to provide EV charging solutions to five McDonald's restaurants in Puerto Rico.
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-2.79%
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Rhea-AI Summary
Blink Charging announces the launch of its new website dedicated to the Mexican market, aiming to expand its presence in Mexico and throughout Latin America. Mexico's EV sales have been growing rapidly, and the country is expected to become one of the top three leading EV markets in the LATAM region. The new website includes a Whatsapp feature for real-time customer support. Mexico has become a leader in EV production, with the government aiming for 50% of all domestic car sales to be EVs by 2030. Blink offers a wide range of EV chargers tailored for the Mexican market and the broader LATAM region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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Blink Charging is expanding its footprint in Latin America to become a leader in the growing EV charging market. Latin America saw a 57% surge in EV charger sales in Q1 2023. Blink has sold or deployed over 2,100 EV chargers across eight countries in the region. The company offers a wide range of state-of-the-art and user-friendly chargers tailored to different plug types commonly found in LATAM. Blink plans to launch chargers equipped with GB/T plugs to meet the demand for Chinese-manufactured EVs. The company is also focused on education and knowledge collaboration to promote widespread EV adoption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.23%
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Blink Charging Co. (NASDAQ: BLNK) has installed eight new EV charging stations at the Columbia Center Tower in Seattle, Washington, to meet the increasing demands of tenants and visitors. The company aims to provide convenient and reliable EV charging, reflecting the growing popularity of EVs. The installation is part of a hybrid business model between Blink and Columbia Center Tower, showcasing a forward-thinking approach to enhance EV charging accessibility in the workplace.
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-3.9%
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-14.14%
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Rhea-AI Summary
Blink Charging raises 2023 revenue target to $110 - $120 million, targets adjusted EBITDA break even run rate by December 2024. Q2 2023 total revenues increased 186% to $32.8 million. Gross profit increased 528% to $12.3 million. 5,830 charging stations contracted, deployed or sold in Q2 2023.
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11%
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0.81%
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3.1%
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Blink Charging Co

Nasdaq:BLNK

BLNK Rankings

BLNK Stock Data

239.36M
93.94M
11.32%
30.69%
22%
New Car Dealers
Retail Trade
Link
US
Miami Beach

About BLNK

blink charging (nasdaq:blnk,blnkw) is a leader in nationwide public electric vehicle (ev) charging equipment and software, enabling ev drivers to easily recharge at locations throughout the united states. headquartered in florida with offices in arizona and california, blink charging’s business is designed to accelerate the adoption of public ev charging. blink charging offers ev charging equipment and connectivity to the blink network, a cloud-based software that operates, manages, and tracks the blink ev charging stations and all the associated data. blink charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.