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Blink Charging Steps in To Support Isolated Enel X Customers
GlobeNewswire News Room· 2024-10-14 20:05
Blink Charging is stepping in to support former Enel X and JuiceBox customers with cost-effective solutions and immediate upgrades, ensuring uninterrupted access to reliable EV charging equipment and services. Bowie, Md., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced today that in light of Enel X's recent decision to close its Nort ...
Blink Charging Surpasses 100,000 Charger Milestone
GlobeNewswire News Room· 2024-09-27 12:15
Blink's charging solutions have empowered drivers, hosts, and fleets to transition smoothly to electric transportation, contributing to EV charging infrastructure worldwide. Bowie, Md., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced it has surpassed 100,000 chargers sold, deployed, or contracted globally. "We're proud to reach ...
Blink to Reduce Headcount by 14% to Improve Operational Efficiency
ZACKS· 2024-09-18 16:36
Blink Charging Co. (BLNK) , an owner, operator and provider of EV charging stations and services, has announced that it is set to execute an operational cost reduction plan to improve its short and long-term performance, given current economic conditions. The plan involves reducing its global workforce by 14%, which is expected to generate annual savings of around $9 million. Implementation of these changes will begin immediately and is set to be completed by the first quarter of 2025. The initiative is int ...
Blink Charging to Position Company for the Future by Implementing Planned Operational Cost Reductions
GlobeNewswire News Room· 2024-09-17 20:30
EV Charging Infrastructure Leader to Implement Operational Cost Reduction Plan. Bowie, MD, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it will implement its planned operational cost reduction actions designed to position the Company for short and long-term success within current economic conditions. The cost reduction plan a ...
Blink Charging to Host ‘CEO to Future CEO' Fireside Chat on EV Industry Developments and Strategic Vision
GlobeNewswire News Room· 2024-09-10 12:30
On September 12th, 2024, Brendan Jones and Michael Battaglia will host a fireside chat, marking the first joint live discussion since announcing leadership changes coming in 2025. Bowie, MD, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that Brendan Jones, President and CEO, and Michael Battaglia, COO, will host a fireside chat org ...
Blink Charging Announces Retirement of President and CEO Brendan Jones and the Appointment of Michael Battaglia as Successor
GlobeNewswire News Room· 2024-08-28 14:06
Current Blink President & CEO Brendan Jones to Retire on January 31, 2025 Bowie, Md., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that its President & CEO, Brendan Jones, will retire on January 31, 2025 concluding 5 years of dedicated service. Following his retirement, Jones will remain involved with the Company as a board m ...
Blink Charging and Create Energy Form Strategic Alliance to Revolutionize Energy Management with ‘One-Stop-Shop' for Next-Generation EV and Renewable Solutions
GlobeNewswire News Room· 2024-08-27 19:30
Bowie, Maryland, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, has entered into a strategic collaboration with Create Energy, a Tennessee-based renewable energy company, to deliver next- generation energy management products and solutions. This alliance will allow customers to integrate their energy assets through one centralized platform. The collaboration combines t ...
Blink Charging: Exceptionally Disappointing Earnings Report
Seeking Alpha· 2024-08-23 16:50
Monty Rakusen When I last wrote about the EV charging solutions provider Blink Charging (NASDAQ:BLNK) in May, I had anticipated an upgrade in the company's revenue projections for 2024. I couldn't have been more wrong. The company's numbers took a nosedive in the second quarter (Q2 2024) earlier this month, prompting a downgrade in the outlook for the year. Here, however, I explore whether there are any redeeming factors for the company for the remainder of the year and beyond based on the following: The de ...
Why Blink Charging Is in Trouble
The Motley Fool· 2024-08-14 13:30
Making chargers hasn't been a profitable business and the slowdown in EVs won't help. The electric vehicle market's growth has slowed in 2024, making the total addressable market for EV chargers smaller than once thought. Blink Charging (BLNK 13.61%) was losing money when the market was growing faster, a problem that won't change, as Travis Hoium explains. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...
Blink(BLNK) - 2024 Q2 - Quarterly Report
2024-08-09 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Nevada 03-0608147 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5081 Howerton Way, Suite A Bowie, Maryland 20715 (Address of principal executive offices) (Zip Code) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock BLNK The NASDAQ Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...