Leading manufacturer, owner, operator, and provider of EV charging equipment, Blink Charging (NASDAQ:BLNK) announced Thursday that the Company has successfully secured more than 600 agreements in the first quarter and is now engaged with more than 4,000 automotive dealers in the US, Europe, Latin America, and Asia Pacific for purchase, installation and ongoing management of EV charging equipment and services.
Blink, having deployed more than 8,400 chargers worldwide, anticipates continued expansion throughout 2023, driven by the introduction of new models from top auto manufacturers and a surge in sales. Since 2020, Blink has successfully sold or implemented over 950 DC Fast Chargers, in addition to more than 7,500 Level 2 (L2) chargers, effectively catering to the diverse requirements of dealers to ensure vehicles remain charged and readily available for customers.
“Dealers are the driving force behind the electrification of the auto industry and play a pivotal and dynamic role in driving forward the progress and acceptance of EV technology,” said Mike Battaglia, Chief Revenue Officer for Blink Charging. “At Blink, we are dedicated to assisting dealers throughout the entire process of introducing EV charging into their businesses. From the initial stages of project inception to charger commissioning, and ongoing technical and customer support, Blink is trusted by OEMS and dealers as a reliable and valuable resource as they increasingly embrace electrification.”
Shares of BLNK are down 3.31% in mid-day trading on Thursday.