Blink Charging Co (BLNK)

[52172]

Time to head back up

[subslover]

Mack Trucks’ customers will now have access to Blink’s EV equipment specially designed and optimized for fleets.

Miami Beach, Fla., Nov. 29, 2023 (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 been selected as a full-service EV infrastructure provider for Mack Trucks through Mack’s Vendor Direct Ship and Turnkey Solutions program.

Mack Trucks selected Blink and its reliable, scalable EV equipment and extensive fleet expertise. As operators look to electrify their fleets, Blink and its advanced EV charging products provide dedicated expertise to help accurately assess particular fleet needs to optimize infrastructure services and provide end-to-end software solutions. Additionally, Blink has commenced deploying workplace chargers at multiple Volvo and Mack facilities nationwide.

“We applaud the efforts of Mack for their forward-thinking in advancing fleet electrification and we are excited to be selected as a charging partner in their Turnkey Solutions program, providing reliable and advanced charging solutions,” said Jim Nemec, Chief Revenue Officer at Blink Charging. “Building a dependable charging infrastructure is vital in keeping electric fleets operational and on the road. We look forward to continuing to work with Mack as they move to bring e-mobility to fleets around the country.”

Mack Trucks' Turnkey Solutions program covers all phases of infrastructure development. Encompassing initial site consultations, acquisition of charging hardware and software, permit procurement, installation processes, liaising with utility companies, and maintenance of the charging equipment. It also helps fleets find incentives and write grant proposals.

“Our charging partnerships and the Turnkey Solutions program as a whole will enable customers to more easily manage the development and installation of infrastructure for the Mack MD Electric and Mack LR Electric vehicles,” said Ryan Saba, Mack energy solutions manager. “The strategic partnerships Mack has in place will aid customers with support, including charger uptime. This is a key differentiator for Mack since charging components continue to be difficult to secure.”

This news follows Blink’s robust third-quarter results, evidencing a notable increase in revenues by 152%, totaling approximately $43.4 million, and a surge in gross profits by 167% to roughly $12.8 million in contrast to Q3 2022. Blink also announced plans to expand operations in the United Kingdom and Ireland by launching its advanced EQ 200 charger, continuing its global expansion initiative.

###

About Blink Charging

Blink Charging Co. (Nasdaq: BLNK), a global leader in electric vehicle (EV) charging equipment, has contracted, sold, or deployed nearly 85,000 charging ports worldwide, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA and Envoy. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to half of passenger cars sold in the US by 2030, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto

[Monksdream]

Early Barchart To 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

[Monksdream]

Early Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

[subslover]

BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT
Download as PDFNovember 09, 2023 4:02pm EST
https://ir.blinkcharging.com/news-events/press-releases/detail/2488/blink-charging-announces-record-third-quarter-with-152

[Monksdream]

BLNK new 52=week low

[Monksdream]

BLNK new 52 week low

[Monksdream]

BLNK new 52 week low

[Monksdream]

BLNK new 52 week low

[80857]

Volume higher today

[WealthWizard]

I'm going to buy more stocks while their price is low. I believe BLNK will perform excellently in the long run. Best of luck to all the fellow long-term players!

[work-n-hard]

https://www.globenewswire.com/news-release/2023/09/11/2740786/0/en/Blink-Charging-CEO-Brendan-Jones-to-Present-at-H-C-Wainwright-25th-Annual-Global-Investment-Conference.html

[Monksdream]

BLNK new 52 week low

[Monksdream]

BLNK new 52 week low

[Solarman]

$BLNK $GOEV $MMMW oversold.

[BottomBounce]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172708921 $BLNK

[BottomBounce]

$BLNK and $GOEV oversold https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172704028

[80857]

Anyone have details on subpoena?

[Monksdream]

BLNK new 52 week low

[Solarman]

$BLNK and $MMMW has goals of impacting an important industry.

[BottomBounce]

https://investorplace.com/2023/08/muln-stock-alert-mullen-launches-stock-buyback-program/ $BLNK

[Monksdream]

BLNK new 52 week low

[80857]

Look out shorty!

[80857]

Should pop tomorrow. Great earnings call!!

[80857]

New CEO this week

[80857]

Short squeeze please

[80857]

Nice potential revenue stream like a
Utility.

[80857]

Wonder if Tesla will gobble up some of these charging companies?

[MrMoon101]

Thanks!

[iamthe walrus]

Blink Charging virtual panel discussion this Thursday May 11 at 9am central time with The Coretec gGoup and Graphex Group .You can register from a link on this news release about the call. It lasts one hour .
https://thecoretecgroup.com/press-releases/the-coretec-group-announces-full-details-of-industry-panel-discussion-on-the-future-of-ev-batteries-charging-infrastructure-with-graphex-group-and-blink-charging-hosted-by-renewable-energy-world/

[MrMoon101]

Looks like bottom has formed? 6.80 will place a stop if it gets back there

[BottomBounce]

$BLNK vs $IDEX Electric Vehicle Charging stations
https://waveipt.com/

[BottomBounce]

$BLNK vs $IDEX EV Buses https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171402398

[CuriousGeorge]

How does this tie in with BLNK?

[DewmBoom]

$BLNK EV Charging Q3 Earnings on Tuesday November 8🔥🔥🚀🚀https://t.co/QFBncc3KbE pic.twitter.com/bUZGZal2Lo

— DewmBoom (@dewmboom) October 28, 2022

[BottomBounce]

$BNLK vs $MULN https://www.mullenusa.com/battery

[$Green$]

Shorty better cover

[$Green$]

All aboard the $BLNK gravy train

[kjb492272]

Fraud

[uksausage]

seen a lot of value lost htsi year in may account but. am long time holder of EV, Clean energy, fuel cell stocks.

I hope this correction continues and ten the decent companies get sorted out, generally current valuations sem to match current business. So those with obvious growth strategy and execution capabilities should get valued higher and the rest left behind until they can deliver.

BLNK is one of my best as I got in early so stil up over 150% (my IRA PLUG is near 1000% still)

[imrichbeotch]

Ah ok thanks. Long time UK

[uksausage]

I am assuming this is just the clean energy / EV market bouncing and those with growing revenues bounce more than those who don't.

[imrichbeotch]

Showing a little life here. What happened?

[kjb492272]

Stock is going back to 6 bucks when people realize Farkas was selling stock in the market through nominees. Lawsuits are out there if you don’t believe

[Harbor6460]

Easy 17 here. This market is a joke to on PE stocks

[Liam859]

$24.80 had to buy some. Chart amazing. Tells me big spike coming shortly. If it dips I will mega buy

[uksausage]

nice range of new products launched

Seem to have their marketing lined up with consistent messaging, they just need to make sure they can ramp up sales/installations using these new products as the entry point

https://blinkcharging.com/news/blink-charging-launches-seven-next-generation-electric-vehicle-charging-products-at-ces-powering-the-electrification-of-transportation-globally/

The stock price is at an inflection point. It has retraced to a support level from lofty highs but may still technically be overvalued. They need to show strong growth to justify going back up over the next year.

[GorillaDaddy]

$26.51 - HOLD THE LINE

[GorillaDaddy]

One of my first big boy trades — road this from $6 up to 20s rebought 11s then did some good $10-15 dollar swings up to $45

Hope to get filled and a reverse here at $25

[weldman]

Yes December has always good time to buy.. BLNK