Blink Charging Actively Expands EV Charging Infrastructure Across Latin America With Region-Specific Products
Portfolio Pulse from Happy Mohamed
Blink Charging Co. (NASDAQ:BLNK) is expanding its electric vehicle (EV) charging infrastructure in Latin America, following a 57% surge in EV charger sales in Q1 2023. Since entering the market in 2020, Blink has sold or deployed over 2,100 EV chargers across eight countries. The company plans to launch DC Fast Chargers, commercial and residential Level 2 chargers equipped with GB/T plugs to meet the demand for Chinese-manufactured EVs. Blink has strong presence in Mexico and Central America and plans to expand into Brazil, Argentina, and Peru.
August 15, 2023 | 12:20 pm
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Blink Charging's expansion in Latin America, a region experiencing a surge in EV charger sales, could potentially boost the company's revenues and market share.
Blink Charging's expansion in Latin America, a region experiencing a surge in EV charger sales, indicates a strategic move to capture a growing market. This could potentially increase the company's revenues and market share, positively impacting its stock price.
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