Efficient and expanded deployment of infrastructure will support a more sustainable future for the state. Bowie, Md., Oct. 30, 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, has announced it has been awarded a nearly $2 million grant to own and operate EV chargers for the state of Illinois. The grant, awarded by the Illinois Environmental Protection A ...

Bowie, MD, Oct. 25, 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, will announce its third quarter results on Thursday, November 7, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the third quarter ended September 30, 2024. T ...

Blink's enhanced "Right Charger, Right Place, Right Time" strategy now aligns with "Right Price." Blink will use Stable Auto's AI powered platform to improve the performance and attractiveness of its network . This innovative collaboration helps ensure that Blink and its customers' chargers will thrive by improving access and providing fair and appropriate pricing tailored to regional energy costs and driver demand. Bowie, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or ...

I am initiating coverage on Blink Charging (NASDAQ: BLNK ) stock with a " Buy " rating and an investment horizon of 24 months. I believe that Blink stock is attractively valued after the recent correction, and Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...

Core Insights - Blink Charging is providing support to former Enel X and JuiceBox customers by offering cost-effective solutions and immediate upgrades for EV charging equipment and services [2][3]. Company Overview - Blink Charging Co. is a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services [2]. - The company aims to facilitate the transition to electric transportation through innovative charging solutions [5]. Solutions Offered - Blink is introducing a revenue share program where it covers the costs of EV charging equipment, warranty, and maintenance for customers [3]. - Existing JuiceBox charging station owners can receive a free upgrade to Blink's equipment [3]. Future Readiness - The company emphasizes the importance of reliable and innovative products, with a focus on future-ready charging stations that incorporate advancements like vehicle-to-grid technology [4]. - Blink's inventory is prepared for immediate shipping and replacement [4]. Strategic Partnerships - Blink has established key strategic partnerships to promote the adoption of EV charging solutions across various locations, including parking facilities, multifamily residences, workplaces, healthcare facilities, and more [5].

Core Insights - Blink Charging Co. has surpassed 100,000 chargers sold, deployed, or contracted globally, marking a significant milestone in the electric vehicle (EV) charging infrastructure [1][2]. Company Achievements - The accomplishment is attributed to Blink's dedicated mission to advance energy transition through innovative charging solutions and a strong focus on customer needs [2]. - Blink's turnkey model facilitates streamlined project management from start to installation, enhancing operational efficiency [2]. - The company emphasizes charger uptime by offering optional preventative maintenance care programs, such as Blink Care [2]. Strategic Partnerships and Government Engagement - Blink is recognized as a vetted EV charging products and services provider through various cooperative contracts, aiding state and local government agencies and educational institutions in developing EV charging infrastructure [3]. - Earlier this year, Blink achieved "In Process" FedRamp® status, enabling the provision of cloud-based EV charging solutions across the U.S. government [3]. Leadership and Future Goals - The achievement of 100,000 chargers is seen as a collaborative effort among Blink's team, customers, and the EV community, all sharing a vision for global electrification of transportation [4]. - The incoming CEO, Mike Battaglia, expressed motivation to provide an additional 100,000 fast, reliable Blink chargers in response to the rapid advancement of EV adoption [4]. Company Overview - Blink Charging Co. is a global leader in EV charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - The company's principal offerings include the Blink Network, EV charging equipment, and services, utilizing proprietary cloud-based software for operation and maintenance [5]. - Blink has established strategic partnerships for EV charging adoption across various locations, including parking facilities, residential areas, workplaces, healthcare facilities, and more [5].

Blink Charging Co. (BLNK) , an owner, operator and provider of EV charging stations and services, has announced that it is set to execute an operational cost reduction plan to improve its short and long-term performance, given current economic conditions. The plan involves reducing its global workforce by 14%, which is expected to generate annual savings of around $9 million. Implementation of these changes will begin immediately and is set to be completed by the first quarter of 2025. The initiative is int ...

Core Viewpoint - Blink Charging Co. is implementing an operational cost reduction plan to enhance its financial stability and competitive positioning in the electric vehicle (EV) charging industry [1][3]. Cost Reduction Plan - The plan includes a 14% reduction in global personnel, aiming for annualized savings of approximately $9 million, with implementation starting immediately and completion expected by the first quarter of 2025 [2]. - The objective is to improve operational efficiencies by streamlining functions across the company [2]. Financial Positioning - Blink is focused on strengthening its financial position by enhancing economic stability, profitability, and competitive advantage [3]. - The measures are designed to improve the company's financial performance and growth potential, ultimately benefiting shareholders through increased value and returns [3]. Management Statements - The President & CEO emphasized that the timing of these cost-cutting measures is a proactive step to adapt to current market conditions while maintaining a long-term strategy [4]. - The COO expressed optimism about the future, stating that the operational changes will help reduce costs and improve financial performance immediately, while also advancing Blink's position as a top provider of electric transportation solutions [4]. Company Overview - Blink Charging Co. is a global leader in EV charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - The company's offerings include Blink Networks, EV charging equipment, and services, supported by proprietary cloud-based software for operation and maintenance [5]. - Blink has established strategic partnerships for the adoption of EV charging solutions across various locations, including parking facilities, workplaces, healthcare facilities, and more [5].

On September 12th, 2024, Brendan Jones and Michael Battaglia will host a fireside chat, marking the first joint live discussion since announcing leadership changes coming in 2025. Bowie, MD, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that Brendan Jones, President and CEO, and Michael Battaglia, COO, will host a fireside chat org ...

Current Blink President & CEO Brendan Jones to Retire on January 31, 2025 Bowie, Md., Aug. 28, 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, today announced that its President & CEO, Brendan Jones, will retire on January 31, 2025 concluding 5 years of dedicated service. Following his retirement, Jones will remain involved with the Company as a board m ...