In first step, 33 Blink EV Chargers are installed at McArthurGlen's designer outlet centers in Roermond and Roosendaal Miami Beach, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. ("Blink Charging"), a leading global EV-charging provider, is teaming up with McArthurGlen – Europe's leading owner, developer and manager of designer outlets – to provide visitors to the Netherlands-based designer outlet centers, Roermond and Roosendaal, with state-of-the-art EV charging as they shop. The two designer ...

According to the Kelley Blue Book, Americans bought a record 1.2 million EVs in 2023 which is 7.6% of the total vehicles sold in the US. That’s up from 5.9% in 2022. Despite a recent decline in EV demand and rising interest rates, it looks like the future is electric and the demand will pick up soon. However, as the demand for EVs picks up, there will be a requirement for EV infrastructure and this is where we are running behind. There are a limited number of companies developing EV infrastructure and they ...

Starting in 2024, the Internal Revenue Service (IRS) extended an improved version of a tax credit system for electric vehicle (EV) buyers to 2032. Individuals purchasing used or new domestically manufactured EVs can instantly claim tax credits of up to $7,500, regardless of their tax liability. This move is a game-changer, as it expands the accessibility of the tax credit and aims to incentivize the adoption of EV cars. Also, the EV charging equipment tax credit of up to $1,000 remained in place, further bo ...

Miami Beach, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) is thrilled to announce a collaboration that's sure to electrify El Salvador. Teaming up with Grupo Q, Porsche's official dealer throughout El Salvador, the Company will be launching five advanced EV charging stations in select premium retail and restaurant locations in the Santa Tecla, Costa del Sol, Santa Ana, San Miguel, and Playa La Libertad regions. The launch of Blink's chargers is part of Porsche's Destination Charg ...

Blink Charging (NASDAQ:BLNK) ended 2023 on a positive note and its winning streak isn’t slowing down. Indeed, the electric vehicle (EV) charging company is emerging as a likely breakout stock for 2024.Despite a difficult past year for firms in the EV space, some experts are optimistic about Blink’s growth prospects moving forward. Recently, Needham analyst Chris Pierce issued a bullish prediction on the company, upgrading BLNK stock from a “hold” to a “buy” rating. On top of that, Pierce set a $7 price targ ...

Last year, even the best EV charging stocks have not been wealth creators. On the other hand, factors like cash burn and competition have translated into weakness in EV charging stocks. However, there is no doubt the best part of growth is still to come. I, therefore, consider the EV charging infrastructure a big investment theme for 2024 and beyond.To put things into perspective, the number of AC and DC EV chargers installed globally was three million in 2019. By the end of last year, the installed charter ...

As the EV industry leapt forward and transformed throughout 2023, Blink Charging stayed on pace, continuing to solidify its place as an EV charging industry leader. Miami Beach, Fla., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, reflects upon a record-breaking year that saw record growth, new opportunities, and remarkable achievements for th ...

Shares of Blink Charging (BLNK -9.95%) dropped 10.8% through 11 a.m. ET on Wednesday, probably in response to investors finally getting around to reading a report in The Wall Street Journal yesterday that detailed the troubles afflicting electric car charging stocks in the U.S. -- troubles that have cost Blink nearly 60% of its market cap over the last 52 weeks. What did "The Wall Street Journal" say?In a long report, WSJ explained why investors are no longer interested in paying "lofty valuations" for char ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 BLINK CHARGING CO. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "sm ...

Company Participants Conference Call Participants Noel Parks - Tuohy Brothers I will now turn the conference over to your host, Vitalie Stelea, VP of Investor Relations. You may begin. The discussions today will include non-GAAP references. These are reconciled to the most comparable U.S. GAAP measures in the appendix of our earnings deck. You may find the deck along with the rest of our earnings materials and other important content on Blink's Investor Relations website. I will now turn the call over to Br ...