Blink Charging (BLNK) pops 56% on eye-catching EV industry

Blink Charging (BLNK) an electric vehicle charging company that partners with smart businesses & property owners to be on the forefront of this green energy revolution has popped up 56% this week.

By installing EV charging stations that attract EV drivers and support sustainability they tend to make your location EV-friendly.

The Blink network connects more than 15,000 charging stations across the United States giving EV drivers the ability to charge their electric cars wherever they live, work, and play. 

As a Blink host location you don’t buy our equipment but rather become a partner with us to be an EV charging station provider. A host Blink partnership offers flexible business models. We work with our property partners to help design a program that fits your needs. 

With Blink EV drivers can feel good about going green.

Last session, Blink Charging was a big mover, as the company saw the day its shares rise by more than 11 per cent. The change also came on solid volume with much more hands-changing shares than in a normal session. It breaks the company’s recent pattern, as stock is now trading above the volatile $1.69 to $2.89 price range over the past one-month time period.

Blink Charging (BLNK) & Apple (AAPL)

Apple’s commitment to helping EV drivers access convenient, available, and fast-charging stations was reaffirmed during its annual World Wide Developers Conference on Monday, June 21, 2020. Apple announced that iOS14 Maps will track a driver’s current charge (factoring in such variables as elevation and weather) to add EV charging stops along a route automatically.

Apple Maps will identify charging alternatives for specific vehicles, making sure they route to compatible stations and indicate the charge rate provided at the location. For example, Blink’s fast 80 amp equipment will be listed as providing up to 19.2kW for Tesla vehicles as well as all-new electric vehicles entering the marketplace with those charging capabilities. 

The addition of EV charge routing capabilities to the updated Apple Maps App is a tremendous step forward for the growth of the EV industry. The App will help enable EV drivers to take to the road with the confidence that their charging needs can be met and will make it even easier for EV drivers to benefit from Blink’s growing network of charging stations. Whether identifying and routing to convenient charging stations during a long road trip or providing the most compatible charging locations for use when a car will be parked for a lengthy period of time, this enhanced Apple Maps feature benefits current EV owners. It is an attractive attribute for those considering an EV purchase.

We are excited about Apple Maps routing its EV Driver users to Blink charging stations and providing its over 20 million monthly visitors with information about Blink charging stations across the US, including charging speeds, type, and availability. We are happy to see this next step by Apple to continue to make electric vehicle charge accessible for all and further reduce range anxiety

Michael D. Farkas, Founder & Chief Executive Officer of Blink

Is Blink Charging (BLNK) a Lucrative Investment?

Shares of Blink Charging (BLNK) appear to be a very good investment option, with Wall Street analysts expecting its price to rise considerably in the next several months. The majority of the metrics point to this investment being highly attractive.

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Jake Page
Jake Page

Investor of 4 years and Managing Editor of Money Midnight, a news outlet focused on highly profitable investment ideas and bold underground research.

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