Blue Corner

Blink Charging Celebrates a Strong 2023, Setting Up for a Prosperous 2024

Retrieved on: 
Tuesday, January 2, 2024

Miami Beach, Fla., Jan. 02, 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, reflects upon a record-breaking year that saw record growth, new opportunities, and remarkable achievements for the Company.

Key Points: 
  • As the EV industry leapt forward and transformed throughout 2023, Blink Charging stayed on pace, continuing to solidify its place as an EV charging industry leader.
  • Blink began 2023 on a high note by unveiling an exclusive agreement with Mitsubishi to implement EV charging infrastructure across Mitsubishi’s nationwide dealer network.
  • As a result, Blink chargers, the Blink Network, and Blink’s turnkey services were made available to all 323 Mitsubishi dealerships nationwide.
  • In May, Blink announced the Company’s leadership would be entrusted to EV industry veteran and then Blink President, Brendan Jones .

BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT

Retrieved on: 
Thursday, November 9, 2023

“EV adoption continues to grow as Blink builds a best-in-class charging infrastructure and provides equipment and services to an underserved market.

Key Points: 
  • “EV adoption continues to grow as Blink builds a best-in-class charging infrastructure and provides equipment and services to an underserved market.
  • Total Revenues increased 152% to $43.4 million for the third quarter of 2023 compared to the third quarter of 2022, an increase of $26.1 million.
  • Gross Profit increased 167% to $12.8 million, or 29.5% of revenue, in the third quarter of 2023, compared to gross profit of $4.8 million, or 27.7% of revenue, in the third quarter of 2022.
  • Operating expense in the third quarter of 2023 was $123.5 million compared to $29.3 million in the third quarter of 2022.

Belgium Electric Vehicle Charging Pioneer Blue Corner Announces It Is Now Blink Charging Offering Expanded Global Charging Solutions

Retrieved on: 
Tuesday, October 24, 2023

MIAMI BEACH, Fla. & ANTWERP, Belgium, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that its wholly-owned subsidiary, Blue Corner, is now Blink Charging, bringing the Company’s global experience and EV charging expertise to Belgium.

Key Points: 
  • Following its acquisition in 2021, Blue Corner is now operating as Blink Charging, positioning the Company for further expansion in Europe.
  • MIAMI BEACH, Fla. & ANTWERP, Belgium, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that its wholly-owned subsidiary, Blue Corner, is now Blink Charging, bringing the Company’s global experience and EV charging expertise to Belgium.
  • Blue Corner, first established in 2011 as a Belgian pioneering start-up in the freshly minted EV industry, grew into the leading platform for EV charging devices in Belgium.
  • As an original equipment manufacturer, Blink Charging can offer R&D-refined, specialist equipment that perfectly meets the requirements different charging situations demand.

Blink Charging Provides More Than 4,000 Automotive Dealerships Globally with EV Charging Products and Solutions to Support Soaring Consumer Demand for Electric Vehicles

Retrieved on: 
Thursday, July 20, 2023

Miami Beach, Fla., July 20, 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 the Company is now engaged with more than 4,000 automotive dealers in the US, Europe, Latin America and Asia Pacific for purchase, installation and ongoing management of EV charging equipment and services.

Key Points: 
  • This surge in dealership commitments towards EV infrastructure demonstrates the heightened demand and widespread adoption of EVs.
  • Blink’s hardware solutions and network services have earned trust across the automotive industry from OEM port and manufacturing facilities to public-facing EV infrastructure at dealership locations.
  • “At Blink, we are dedicated to assisting dealers throughout the entire process of introducing EV charging into their businesses.
  • Blink is committed to generating enthusiasm among dealerships for the imminent EV future.

Now Accepting Reservations: Discover Palau, One of the World's Last Remaining Frontiers, with Four Seasons Explorer

Retrieved on: 
Wednesday, May 31, 2023

TORONTO, May 31, 2023 /PRNewswire/ -- Remote and untouched – imagine a beautiful wilderness awash with natural and cultural wonders. Four Seasons Explorer is setting sail to one of the world's last remaining frontiers beginning later this year. Hidden in a remote part of the mighty Pacific, discover Palau—home to more than 340 emerald islands, an astonishing spectrum of marine life, and a 4,000-year-old culture still sustained by the local knowledge of 20,000 traditionally minded people - the most vital element of the unique Palauan culture.

Key Points: 
  • Four Seasons Explorer is setting sail to one of the world's last remaining frontiers beginning later this year.
  • "The core Palauan value of omengull—respecting all and everything—deeply aligns with our values at Four Seasons," notes Regional Vice President Armando Kraenzlin.
  • More than 1,400 species of fish and 500 species of healthy corals thrive in Palau's crystal waters and elevated lakes.
  • Aboard Four Seasons Explorer, each day begins with an array of à-la-carte breakfast choices.

Blue Corner Signs 4-Year Agreement with APCOA to Deploy and Maintain EV Chargers in Parking Facilities in Belgium

Retrieved on: 
Tuesday, April 11, 2023

ANTWERP, Belgium, April 11, 2023 (GLOBE NEWSWIRE) -- Blue Corner, a wholly owned subsidiary of Blink Charging Company (Nasdaq: BLNK) (Blue Corner), and pioneer of electric vehicle charging in Europe, announced it has signed a four-year agreement with APCOA, the European market leader in parking space management, to provide and maintain EV chargers at APCOA’s premium parking sites in various locations throughout Belgium.

Key Points: 
  • As part of the agreement, APCOA will implement a turnkey solution, including all services related to installation, operation, maintenance, and customer service.
  • Blue Corner will equally provide necessary training and other logistical and maintenance services that will support the long-term availability of its EV charging stations at APCOA facilities.
  • “APCOA is committed to innovative technologies and sustainable practices to offer the highest quality parking management.
  • Through our digital platform, APCOA FLOW we connect parking lots with consumers and their vehicles,” said Patrick Ingelbinck, Commercial Director at APCOA PARKING Belgium.

BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER AND YEAR END 2022 RESULTS

Retrieved on: 
Tuesday, February 28, 2023

Miami Beach, FL, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Net Loss for the fourth quarter of 2022 was $28.1 million, or $(0.55) per share, compared to net loss of $19.0 million, or $(0.45) per share, in the fourth quarter of 2021.
  • Sequentially, fourth quarter Adjusted EBITDA improved by nearly $3 million over third quarter of 2022.
  • Adjusted EPS for the fourth quarter of 2022 improved to ($0.41) compared to Adjusted EPS of ($0.44) in the fourth quarter of 2021 and compared to Adjusted EPS of ($0.47) in third quarter of 2022.
  • Blink Charging will host a conference call and webcast to discuss fourth quarter and year-end 2022 results today, February 28, 2023 at 4:30 PM, Eastern Time.

Blue Corner Signs 10-year Agreement with BluePoint to Deploy 280 EV Chargers at Business & Conference Network Centers in Belgium

Retrieved on: 
Thursday, February 9, 2023

BRUSSELS, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Blue Corner, a Blink Charging Company (Nasdaq: BLNK, BLNKW) (Blue Corner), and pioneer of electric vehicle charging in Europe, today announced it has signed a 10-year agreement with BluePoint, a leading venue and workspace provider and subsidiary of Belgium’s Technology Trade Federation AGORIA, to deploy 280 EV charging ports to support more than 2,000 member companies at BluePoint’s business & network centers throughout Belgium.

Key Points: 
  • Blue Corner will install, operate, and maintain the new EQ 200 EV chargers at selected BluePoint business & conference centers located in Brussels, Antwerp and Liege.
  • The installation of the fast Level 2 chargers will be phased in over the next couple years, providing much needed charging services to meet the increasing demand as EV sales continue to grow throughout Belgium.
  • “We are proud to partner with BluePoint and AGORIA to install the right chargers in the right places to ensure we are meeting the needs of EV drivers,” said Olivier Van Schap, Managing Director at Blue Corner.
  • The only action required by the driver is to plug the charging cable into the EV and/or charging station.

Blink Charging to Unveil Suite of New Electric Vehicle Charging Products at CES 2023

Retrieved on: 
Thursday, December 15, 2022

Miami Beach, FL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Blink Charging (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced today it will unveil five new products at the annual Consumer Electronics Show (CES) taking place in Las Vegas next month.

Key Points: 
  • Blink Charging Co. (Nasdaq: BLNK, BLNKW), a leader in electric vehicle (EV) charging equipment, has deployed nearly 59,000 charging ports across 25 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations worldwide.
  • 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 and BlueLA.
  • 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.
  • Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Charging Announces Additions to its Corporate Leadership, Enhancing Capabilities to Meet Growth and Expansion While Advancing the EV Revolution

Retrieved on: 
Tuesday, December 6, 2022

Miami Beach, Fla., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink”), a global leading owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the Blink Board of Directors approved three significant additions to Blink’s executive leadership with the appointment of Michael Battaglia as Chief Revenue Officer, Mark Pastrone as Chief Operating Officer and Aviv Hillo, Esq. as Executive Vice President of Mergers and Acquisitions. These appointments mark an elevated focus towards Blink’s accelerated growth and meeting the industry’s demand for reliable charging solutions as EV sales continue to climb.

Key Points: 
  • These appointments mark an elevated focus towards Blink’s accelerated growth and meeting the industry’s demand for reliable charging solutions as EV sales continue to climb.
  • In this capacity, Mr. Battaglia will oversee Blink’s global sales organization, develop go-to-market strategies, and identify new overseas expansion opportunities.
  • 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 and BlueLA.
  • Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.