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. Bowie, Md., Oct. 14, 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, announced today that in light of Enel X's recent decision to close its Nort ...

Blink's charging solutions have empowered drivers, hosts, and fleets to transition smoothly to electric transportation, contributing to EV charging infrastructure worldwide. Bowie, Md., Sept. 27, 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, today announced it has surpassed 100,000 chargers sold, deployed, or contracted globally. "We're proud to reach ...

Blink Charging Co. (BLNK) , an owner, operator and provider of EV charging stations and services, has announced that it is set to execute an operational cost reduction plan to improve its short and long-term performance, given current economic conditions. The plan involves reducing its global workforce by 14%, which is expected to generate annual savings of around $9 million. Implementation of these changes will begin immediately and is set to be completed by the first quarter of 2025. The initiative is int ...

EV Charging Infrastructure Leader to Implement Operational Cost Reduction Plan. Bowie, MD, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it will implement its planned operational cost reduction actions designed to position the Company for short and long-term success within current economic conditions. The cost reduction plan a ...

On September 12th, 2024, Brendan Jones and Michael Battaglia will host a fireside chat, marking the first joint live discussion since announcing leadership changes coming in 2025. Bowie, MD, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that Brendan Jones, President and CEO, and Michael Battaglia, COO, will host a fireside chat org ...

Current Blink President & CEO Brendan Jones to Retire on January 31, 2025 Bowie, Md., Aug. 28, 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, today announced that its President & CEO, Brendan Jones, will retire on January 31, 2025 concluding 5 years of dedicated service. Following his retirement, Jones will remain involved with the Company as a board m ...

Bowie, Maryland, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, has entered into a strategic collaboration with Create Energy, a Tennessee-based renewable energy company, to deliver next- generation energy management products and solutions. This alliance will allow customers to integrate their energy assets through one centralized platform. The collaboration combines t ...

Monty Rakusen When I last wrote about the EV charging solutions provider Blink Charging (NASDAQ:BLNK) in May, I had anticipated an upgrade in the company's revenue projections for 2024. I couldn't have been more wrong. The company's numbers took a nosedive in the second quarter (Q2 2024) earlier this month, prompting a downgrade in the outlook for the year. Here, however, I explore whether there are any redeeming factors for the company for the remainder of the year and beyond based on the following: The de ...

Making chargers hasn't been a profitable business and the slowdown in EVs won't help. The electric vehicle market's growth has slowed in 2024, making the total addressable market for EV chargers smaller than once thought. Blink Charging (BLNK 13.61%) was losing money when the market was growing faster, a problem that won't change, as Travis Hoium explains. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

客户合作 - 公司已与美国邮政服务、麦克卡瑟集团、蓝点、迈克·阿尔伯特车队解决方案、皇家农场、约翰·亨利综合商店、莫伯利汽车公司、阿科斯多拉多斯(波多黎各麦当劳)、AAA、纳什维尔-戴维森县政府、盐湖城国际机场等重要客户达成协议[151] 充电设备和网络 - 截至2024年6月30日,公司已签约、销售或部署98,261个充电桩,其中78,105个在Blink网络上(包括57,722个商用Level 2充电桩、1,103个直流商用充电桩、669个住宅充电桩和18,611个待安装的充电桩)[152] - 公司提供包括Level 2、直流快充、移动充电等多种类型的充电设备,以及Blink充电网络、移动应用程序和车队管理等服务[159][160][161][162][163][164][165][166] 融资 - 公司在2023年通过ATM计划共销售30,914,695股普通股,获得约1.167亿美元的总收益,扣除费用后净收益约1.143亿美元[156] - 公司在2024年上半年通过ATM计划共销售8,177,472股普通股,获得约2,565.1万美元的总收益,扣除费用后净收益约2,507万美元[157] - 公司2023年2月完成了1亿美元的公开发行[236] 财务表现 - 总收入增加1%至33,262万美元[176] - 产品销售收入下降4%至23,582万美元[186] - 公司自有充电站充电服务收入增加13%至4,936万美元[187] - 网络费收入增加14%至1,907万美元[188] - 保修收入增加45%至1,340万美元[189] - 总成本增加10%至22,549万美元[193][194][195] - 毛利下降13%至10,713万美元[178] - 营业亏损减少50%至20,649万美元[180] - 净亏损减少52%至20,059万美元[183] - 公司总收入在2024年上半年同比增长30%至70,830美元[208] - 产品销售收入同比增长25%至51,090美元[209] - 公司自有充电站的充电服务收入同比增长37%至9,963美元[210] - 网络费收入同比增长21%至3,972美元[211] - 保修收入同比增长75%至2,293美元[212] - 补助和返还收入同比增长168%至635美元[213] - 汽车共享服务收入同比增长90%至2,299美元[214] - 其他收入同比增长155%至578美元[215] - 公司在2024年上半年的净亏损同比下降52%至20,859美元[206] - 公司净亏损在2024年6月30日结束的六个月内下降了34,051美元或48%，至37,232美元，而2023年6月30日结束的六个月内为71,283美元[228] - 公司2024年6月30日结束的六个月内的综合亏损总额为38,869美元，而2023年6月30日结束的六个月内为70,988美元[229] 现金流和财务状况 - 公司2024年6月30日的现金及现金等价物为73,885美元,2023年12月31日为121,691美元[231] - 公司2024年6月30日的营运资金为111,801美元,2023年12月31日为152,033美元[231] - 公司2024年6月30日的债务为265美元,2023年12月31日为38,108美元[231] - 公司2024年6月30日结束的六个月内使用现金25,735美元于经营活动,2023年同期为65,040美元[232] - 公司2024年6月30日结束的六个月内使用现金8,739美元于投资活动,2023年同期为10,833美元[233] - 公司2024年6月30日结束的六个月内使用现金13,472美元于筹资活动,2023年同期获得112,426美元[234] - 公司预计现金将支持其至少12个月的运营[237] 竞争风险 - 公司面临来自竞争对手的激烈竞争,以及消费者对电动车采用的风险[167][168]