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Blink Charging is launching a £100 million Special Purpose Vehicle (SPV) aimed at enhancing electric vehicle charging infrastructure. In collaboration with Axxeltrova Capital (“Axxeltrova”), this initiative will enable Blink to deploy significant assets while inviting investors to support growth and innovation in charging deployments.
Efficient and expanded deployment of infrastructure will support a more sustainable future for the state.
Bowie, MD, Oct. 25, 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, will announce its third quarter results on Thursday, November 7, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the third quarter ended September 30, 2024.
Blink’s enhanced “Right Charger, Right Place, Right Time” strategy now aligns with “Right Price.” Blink will use Stable Auto’s AI powered platform to improve the performance and attractiveness of its network . This innovative collaboration helps ensure that Blink and its customers’ chargers will thrive by improving access and providing fair and appropriate pricing tailored to regional energy costs and driver demand.
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.
Blink’s charging solutions have empowered drivers, hosts, and fleets to transition smoothly to electric transportation, contributing to EV charging infrastructure worldwide.
EV Charging Infrastructure Leader to Implement Operational Cost Reduction Plan.
WEX celebrates World EV Day by welcoming Blink Charging and another brand to its expanding EV Network in the US. These new additions bring WEX’s total network to approximately 130,000 public chargers nationwide.