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Blink Charging Awarded Contract to Develop EV Charging Infrastructure for City of Richmond
Globenewswire· 2025-10-01 15:00
Core Insights - Blink Charging Co. has been awarded a contract by the City of Richmond to establish a network of electric vehicle (EV) charging stations, marking a significant step in enhancing the city's EV infrastructure [1][2]. Company Overview - Blink Charging Co. is a leading global provider of EV charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - The company's offerings include the Blink Network, which utilizes proprietary cloud-based software to operate and maintain EV charging stations and track associated charging data [5]. Contract Details - The agreement with the City of Richmond involves identifying and deploying critical EV infrastructure, including site assessment, installation, maintenance, and training services [3]. - Blink will collaborate with four other vendors to provide public charging solutions for residents and visitors, aligning with the city's climate goals [2][3]. Strategic Importance - This collaboration supports the City of Richmond's commitment to net zero strategies as outlined in the RVAgreen Climate Equity Action Plan 2030, promoting a sustainable environment [4]. - The partnership is expected to enhance the EV driver experience in the region, addressing the growing need for charging stations [4].
Blink Charging Awarded Contract to Develop EV Charging Infrastructure for City of Richmond
Globenewswire· 2025-10-01 15:00
Core Insights - Blink Charging Co. has been awarded a contract by the City of Richmond to establish a network of electric vehicle (EV) charging stations, marking a significant step in enhancing the city's EV infrastructure [1][2]. Group 1: Contract Details - The collaboration involves Blink Charging and four other vendors to provide public charging solutions for residents and visitors in Richmond [2]. - The agreement includes services such as site assessment, installation, maintenance, repair, parts supply, warranties, and product training [3]. Group 2: Company Perspective - Blink's President and CEO expressed excitement about the partnership, highlighting the growing need for EV chargers in Richmond and the company's commitment to enhancing the EV driver experience [4]. - The City of Richmond's Energy Program Manager emphasized the alignment of Blink's solutions with the city's net zero strategies outlined in the RVAgreen Climate Equity Action Plan 2030 [4]. Group 3: 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 the Blink Network, which utilizes proprietary cloud-based software to operate and maintain EV charging stations and track associated data [5].
Wallbox to Power SureCharge Corp.'s Fast Charging Network in Western Canada
Businesswire· 2025-10-01 11:50
Core Insights - Wallbox announced the deployment of its Supernova 180 kW DC fast chargers in a new public charging network by SureCharge Corp in Alberta and British Columbia [1] - The project aims to establish up to 24 high-speed charging sites with a total of 96 charging points along key travel corridors in Western Canada [1] Company Summary - Wallbox is a global provider of electric vehicle charging and energy management solutions [1] - The deployment of fast chargers aligns with the growing demand for EV infrastructure in North America [1] Industry Context - The establishment of a public charging network is crucial for supporting the increasing adoption of electric vehicles [1] - The project contributes to the expansion of fast charging capabilities in Western Canada, enhancing regional EV infrastructure [1]
X @Tesla Owners Silicon Valley
RT Tesla Owners Silicon Valley (@teslaownersSV)Congratulations @Tesla @TeslaCharging @MdeZegher for the launch of the V4 charging cabinets.500kW charging, 3X power density, 2X stalls per cabinet https://t.co/3rZnyOCnnN ...
X @Tesla Owners Silicon Valley
Picture of the new @TeslaCharging v4 cabinets. Nothing covering it, smaller cabinets and it can charge up to 8 stalls. Right now it can charge at 500kw but these cabinets can do 1,000 kw. https://t.co/23eLYpzBCB ...
X @Tesla Owners Silicon Valley
Charging Technology - Tesla V4 Supercharger cabinets are now available [1] - V4 Superchargers can charge up to 500 kW [1] - The new cabinet boasts 3X power density [1] - Each cabinet supports 2X stalls compared to previous versions [1] - Charging efficiency is higher, cost is lower, and deployments are faster [1] - With pre-conditioning, vehicles can recover 44% of charge in 15 minutes [1] Infrastructure Development - The first V4 cabinet Supercharger is now live [1]
Blink Charging Announces Installation of DC Fast Chargers at Power Up Plaza
Globenewswire· 2025-09-29 16:00
Core Insights - Blink Charging Co. has installed eight 120kW DC fast chargers at Power Up Plaza in Chicago's West Garfield Park, enhancing EV infrastructure in the area [1][2] - The project, partially funded by the Illinois EPA, aims to provide convenient charging options for local EV drivers, strategically located near key landmarks [2] - The installation aligns with Blink's BlinkForward initiative, promoting the expansion of DC fast chargers and supporting the adoption of electric transportation [3] Company Overview - Blink Charging Co. is a global leader in EV charging equipment and services, facilitating the transition to electric transportation through innovative solutions [4] - The company's offerings include the Blink Network, EV charging equipment, and services, utilizing proprietary cloud-based software for operation and maintenance [4] - Blink has established strategic partnerships for deploying charging solutions across various locations, including parking facilities, healthcare facilities, and transportation hubs [4]
Why Big Oil has its eye on APAC’s EV charging market
Yahoo Finance· 2025-09-25 12:22
Group 1: Industry Trends - The oil and gas industry is undergoing transformation due to the electrification of the transport sector, with significant investments in EV charging stations being a notable strategy [2][4][5] - GlobalData forecasts that EVs will account for nearly 50% of all global light vehicle sales by 2035, with a compound annual growth rate of 6.7% for hybrid and electric vehicle sales between 2025 and 2037 [7] - The market for EV charging infrastructure was estimated to be worth $32.26 billion in 2024, projected to grow to $125.39 billion by 2030 [7] Group 2: Regional Insights - The Asia-Pacific (APAC) region is seen as an attractive investment opportunity due to growing populations, developing economies, and the need for affordable energy sources [3][12] - EVs currently make up 42% of auto sales in APAC, expected to reach 77% by 2037, while in Europe, EVs currently account for around 58% of auto sales, projected to jump to 99% by 2037 [10] - APAC is experiencing rapid increases in disposable incomes, leading to a forecast that the region will account for over 60% of the 115 million EVs sold worldwide over the next five years [13] Group 3: Company Strategies - Major oil companies like Shell, bp, and TotalEnergies are investing in EV charging infrastructure to adapt to the changing market [4][8] - Shell has prioritized investment in seven leading markets for EV adoption, including China, Germany, and the UK, due to their advanced pace of electrification [18][19] - European oil companies are reducing investment in EV charging infrastructure while maintaining a focus on Western markets, with Shell lowering its emissions reduction target for 2030 [17][19]
Chinese EV Firm’s Stock Surges, Then Stumbles on $1 Billion Bitcoin, Ethereum and BNB Plan
Yahoo Finance· 2025-09-24 17:09
Core Viewpoint - Jiuzi Holdings is adopting a crypto investment policy, allowing for up to $1 billion in investments in Bitcoin, Ethereum, and BNB, aiming to enhance long-term shareholder value [1][2]. Financial Position - As of October 31, 2024, Jiuzi Holdings reported approximately $943,000 in cash and cash equivalents, alongside a net income loss of around $55 million for the fiscal year [3]. Investment Strategy - The firm will not take custody of its crypto assets and has established a crypto risk asset committee as part of its investment policy framework [5]. - The company emphasizes a long-term investment approach, viewing crypto assets as stores of value rather than engaging in short-term trading or speculation [5]. Market Reaction - Following the announcement, shares of JZXN initially surged by 47% to $2.38 before retracing and are currently down nearly 10% at $1.46, reflecting a more than 99.9% decline over the past five years [1].
WEX Expands Electric Vehicle Charging Network With 3 New Partnerships
PYMNTS.com· 2025-09-23 20:51
Core Insights - WEX has formed three new partnerships to expand its electric vehicle (EV) charging network, enhancing payment capabilities for fleet operators across the U.S. [2][4] Partnerships and Collaborations - The new partnerships are with Lynkwell, Revel, and Ampcontrol, which will allow hundreds of additional charging stations to accept payments from WEX fleet operators [2] - In December 2024, WEX partnered with Qmerit to streamline the installation of EV chargers at commercial fleet drivers' homes, enabling overnight charging for work vehicles [6] Technology and Features - WEX has integrated its payment processing technology with various charging stations, allowing for streamlined EV charging experiences and better data for operational decisions [3] - The WEX EV Depot feature enables fleets to use the WEX Fleet Card at private chargers, providing a comprehensive EV charging and payment solution that includes depot, public, and at-home charging locations [4] Industry Context - As fleet managers transition from internal combustion engines to EVs, they face challenges in consolidating data across different charging infrastructures, which WEX aims to address with its solutions [4]