Blink Charging Provides More Than 4,000 Automotive Dealerships Globally With EV Charging Products And Solutions To Support Soaring Consumer Demand For Electric Vehicles
Portfolio Pulse from Benzinga Newsdesk
Blink Charging Co. (NASDAQ:BLNK) has announced its engagement with over 4,000 automotive dealers globally for the purchase, installation, and management of EV charging equipment and services. The company has deployed over 8,400 chargers to meet the growing demand for EV infrastructure. Blink has secured more than 600 agreements with dealers in Q1 2023 and expects further growth throughout the year. The company has also secured more than 100 agreements in the LATAM region and has a comprehensive nationwide agreement with Toyota Belgium through its subsidiary, Blue Corner.
July 20, 2023 | 1:13 pm
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Blink Charging's engagement with over 4,000 automotive dealers globally and the deployment of over 8,400 chargers indicate a strong demand for its EV charging solutions. This could potentially boost the company's revenues and positively impact its stock price.
The news indicates a strong demand for Blink Charging's EV charging solutions, as evidenced by its engagement with over 4,000 automotive dealers globally and the deployment of over 8,400 chargers. This could potentially lead to increased revenues for the company, which could positively impact its stock price in the short term.
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