BLNK

Blink Charging Co. is a leading owner, operator, and provider of electric vehicle (EV) charging equipment and networked EV charging services. Headquartered in Miami Beach, Florida, Blink offers both residential and commercial EV charging equipment (Level 2 AC chargers and DC fast chargers), operates a proprietary network of EV charging stations, and provides EV charging services to property owners, municipalities, parking facility operators, and fleet operators. The company operates thousands of charging stations across the United States and in select international markets. Blink's business model includes several revenue streams: equipment sales to property owners, businesses, and municipalities; recurring revenue from charger network services including charging fees, subscriptions, and network access; and charging-as-a-service arrangements where Blink owns and operates chargers at host locations, sharing revenue from charging sessions. Blink provides cloud-based software platform that manages the charging network, enables payment processing, provides usage data and analytics, and allows remote monitoring and management of charging equipment. The company's charging stations are deployed in diverse locations including retail, hospitality, healthcare, education, government, parking facilities, and multifamily residential properties. The EV charging market is experiencing rapid growth driven by accelerating EV adoption, government mandates for emissions reduction, infrastructure investments, and corporate sustainability initiatives. Blink competes in an increasingly crowded market against ChargePoint, EVgo, Electrify America (Volkswagen), Tesla's Supercharger network, numerous startups, and traditional companies entering the space. Competition has intensified while industry faces challenges including utilization rates, charging infrastructure costs, site host economics, and path to profitability. Blink has pursued aggressive growth through product development, network expansion, strategic partnerships, and acquisitions. The company's success depends on scaling network utilization to cover infrastructure costs, securing attractive site locations, differentiating service quality and reliability, adapting to evolving technology standards including NACS (Tesla connector), and achieving profitable unit economics as EV market grows. The long-term opportunity is substantial as transportation electrification accelerates, but the industry faces near-term challenges establishing sustainable business models.