Blink Charging Co (BLNK)

[Timetravelerdos]

Last night, President Joe Biden signed a "Buy America" executive order, and highlighted his support for renewable energy at the same time. Biden said, "The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in America, by American workers." The fleet of government-owned vehicles numbered 645,000 as of 2019, according to U.S. General Services Administration (GSA) data cited by Reuters.

The U.S. government's fleet included only 3,215 electric vehicles as of July 2020, according to the GSA data. Biden also said he planned to build 550,000 EV charging stations to aid the growing use of battery electric vehicles (BEVs). For perspective, Blink Charging currently has less than 16,000 public charging stations deployed in the U.S.


Looks like I will keep on buying BLNK and enjoy the next couple years of profit making.