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Blink Charging Is Scaling Up Electric Vehicle Charging Infrastructure

September 30, 2024
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Blink Charging Is Scaling Up Electric Vehicle Charging Infrastructure
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Blink Charging is one of the emerging players in electric vehicle charging in the United States of America. And they’re continuing to ramp up.

What’s happening:

  • Blink Charging (NASDAQ: BLNK) has successfully surpassed 100,000 electric vehicle chargers sold or deployed globally

Why it matters:

  • The opportunity in building out the required charging infrastructure to support electric vehicles continues to grow amidst a push to get closer to net zero emissions and with new types of electric vehicles becoming adopted at scale for the first time ever such as electric school buses

By the numbers:

  • Blink is currently the 3rd largest provider of electric vehicle chargers in the United States of America

Going deeper:

  • Blink has struck many notable partnerships around providing access to their electric vehicle charging infrastructure, including with companies such as the Four Seasons, Audi and others
  • Publicly traded electric vehicle charging companies have been ramping up lately, with EVgo (NASDAQ: EVGO) recently entering into a new partnership with General Motors (NYSE: GM) to roll out charging stations that are designed to resemble traditional gas stations and ChargePoint (NASDAQ: CHPT) landing fresh funding from the government of California to build out new charging stations near major highways

The intrigue:

  • Blink Charging is currently awaiting the completion of a final regulatory review process led by the Federal Risk and Authorization Management Program in order to be able to bring their cloud based electric vehicle charging technology to government agencies in the United States, which could unlock an enormous opportunity if they are ultimately approved

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