Blink Charging Streamlines Operations with Strategic Production Shift
BlinkBlink(US:BLNK) Globenewswire·2025-11-05 17:00

Core Insights - Blink Charging Co. is transitioning to contract manufacturing for its EV charging hardware to enhance operational efficiency and scalability [1][2] - This strategic shift is part of the BlinkForward initiative aimed at driving profitability and focusing on innovation and service expansion [2][3] - The company retains full ownership of its intellectual property and oversees all product design, quality assurance, and technology integration [3] Production Model Transition - The transition to contract manufacturing is expected to be completed by early 2026, positioning the company for the next phase of EV charging innovation [4] - Blink is collaborating with multiple manufacturing partners in the United States and India to ensure geographic diversification and supply-chain resilience [3] Company Overview - Blink Charging is a global leader in EV charging equipment and services, providing innovative solutions for drivers, hosts, and fleets [4] - The company's product offerings include the Blink Network, EV charging equipment, and associated services, utilizing proprietary cloud-based software for operation and maintenance [4]