Blink Charging Selected As Official Electric Vehicle Charging Provider For The City Of Miami Beach, Florida
Portfolio Pulse from Benzinga Newsdesk
Blink Charging Co. (NASDAQ:BLNK) has secured a contract as the official electric vehicle (EV) charging provider for the City of Miami Beach. The seven-year agreement includes providing advanced Series 7 and Series 8 chargers for city fleets, employees, residents, and visitors. Blink will operate, maintain, and manage the EV charging stations for the City's parking facilities, garages, and surface lots. This follows similar agreements with the State of Utah and the Tennessee Valley Authority.
October 17, 2023 | 12:25 pm
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Blink Charging's new contract with the City of Miami Beach, along with recent agreements with the State of Utah and the Tennessee Valley Authority, indicates a growing demand for its EV charging services. This could potentially boost the company's revenues and profitability in the short term.
The news of Blink Charging securing a contract as the official EV charging provider for the City of Miami Beach is directly relevant to the company and its operations. This, along with similar recent agreements, indicates a growing demand for Blink's services, which could potentially boost its revenues and profitability in the short term. Therefore, the news is likely to have a positive impact on the company's stock price.
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