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Blink Charging Co. (Nasdaq: BLNK, BLNKW) announced the acquisition of BlueLA Carsharing, enhancing its position as the contractor for Los Angeles’ EV carsharing program. This acquisition adds 200 charging stations and 100 electric vehicles to Blink’s portfolio, doubling its local infrastructure. CEO Michael D. Farkas emphasized the strategic importance of this move for expanding EV access, particularly in disadvantaged communities. Blink plans to upgrade BlueLA’s infrastructure and collaborate with mobility providers to improve services. The initiative aligns with Los Angeles’ commitment to reduce emissions and promote clean transportation.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) announced its inclusion in the CIBC Atlas Clean Energy Index, effective September 18, 2020. This milestone underscores Blink's leadership in the EV charging sector and enhances its visibility among investors. CEO Michael D. Farkas highlighted this event as key to building shareholder value and increasing share liquidity. The index offers exposure to U.S. and Canadian companies involved in clean energy, reflecting an important shift in the market towards sustainable technologies.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) announced that CEO Michael D. Farkas will present at Cowen’s 13th Annual Global Transportation & Sustainable Mobility Conference on September 10, 2020, at 9:20 AM EST. He will discuss Blink's market opportunities, technology, business models, and growth strategy. A public webcast of his presentation will be accessible online. Blink, a leader in EV charging, has deployed over 23,000 charging stations worldwide and is positioned for significant growth as global EV purchases are expected to reach 10 million by 2025.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) announced that CEO Michael D. Farkas will present at the LD 500 investor conference on September 2, 2020, at 6:40 AM PST / 9:40 AM EST. The presentation will cover the company’s market opportunities, innovative technology, flexible business models, and growth strategy. A public webcast of the presentation will be available online. Additionally, Farkas will conduct virtual one-on-one meetings with institutional investors throughout the day.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) has received a follow-on order from InterEnergy Group for 150 fast-charging stations valued at over $1 million, expanding the total order to 350 stations for deployment in the Dominican Republic. This initiative supports InterEnergy's goal of establishing 500 charging stations by the end of 2021 through its Evergo network. Blink's IQ 200 units, known for their speed and efficiency, are well-received in the market. The partnership aims to enhance the country's EV infrastructure amid a growing interest in electric vehicles.
Blink Charging Co. (NASDAQ: BLNK, BLNKW) announced a program to upgrade first-generation EV charging equipment to its latest IQ 200 model. This initiative aims to improve EV charging infrastructure and enhance user experience at host locations. As part of a new multi-year revenue-sharing agreement, existing hosts can replace their aging equipment with the state-of-the-art 80-amp IQ 200 units, which offer faster charging capabilities. Blink has already upgraded 884 charging stations, reinforcing its commitment to operational improvements and a better experience for EV drivers.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) issued a statement on Aug. 20, 2020, addressing false reports intended to manipulate its stock price downward. The company categorically denies the allegations and states these claims have adversely impacted its stock. Blink is taking legal action against the authors and sponsors of these reports and has engaged the Ashcroft Firm for investigation. Investors are advised to rely on Blink's public filings for accurate information regarding the company.
Blink Charging Co. (Nasdaq: BLNK, BLNKW) has announced a significant redesign of its member and host services within the Blink Network, aiming to improve user experience and mobile accessibility. The updated portal features enhanced functionalities, including multi-level pricing options for employers and a streamlined website design that caters to various user groups, from EV drivers to investors. Additionally, Blink introduces a new Pro membership for over 180,000 members, offering exclusive charging rates. This initiative reflects Blink’s commitment to enhancing its digital presence and services for electric vehicle users.