Why Blink Charging Is in Trouble

Core Insights - The electric vehicle (EV) market is experiencing a slowdown in growth in 2024, leading to a smaller total addressable market for EV chargers than previously anticipated [1] - Blink Charging (BLNK) has been unprofitable even during periods of faster market growth, indicating ongoing financial challenges for the company [1] Industry Summary - The slowdown in the EV market is expected to negatively impact the demand for EV chargers, which could further exacerbate profitability issues for companies in this sector [1] - The overall market dynamics suggest that the EV charging industry may face significant headwinds as growth projections are revised downward [1]