Blink Charging Co

Blink Charging Co Overview

Company Headquarters: Florida, US

Founded: 1998

Workforce: ~198

Company Working: Blink Charging Co (Blink Charging) is an electric vehicle charging equipment. Blink's line of products and services includes EV charging equipment and EV charging services. The products and services include BlueLA and Blue Corner. Blink Charging offers a solution that is reliable and fast. Blink charging has four business models designed according to every business and allows any location to be converted into an electric vehicle charging station; these models are Hybrid owned, Blink as a Service, Blink Owned, and Host Owned. The company has a presence in more than 25 countries worldwide, including South American territories such as Chile, Colombia, and Aruba. In Europe, the company has a presence in UK, Belgium, and Greece.

Strategy

The company's strategy is focused on innovation and customer satisfaction. Blink Charging is committed to developing a wide range of products, and the company is actively working on the development of electric vehicle charging infrastructure. Additionally, strategic relationships and long-term agreements with a number of property partners, including recognized organizations and local businesses

Company Snapshot

$6.2M

Revenue

198

Employees

1998

Founded

Florida, US

Headquarters

SWOT Analysis

Strengths

Diversified product range solution for EV charging
Advanced technology and innovation in EV charging infrastructure
Worldwide operations and strong skilled workforce
Robust R&D capabilities
Excellent customer services
Strong financial performance

Weaknesses

Dependence on the performance of the global economy and specific industries, such as electric vehicle sector
Exposure to competition from other major players in the heavy vehicle industry
High dependency on domestic market

Opportunities

Growing demand for electric vehicle around the world expand into new markets and regions
Partnerships and collaborations with other companies in the industry
Scope for expansion in emerging markets
New technology provides an opportunity

Threats

Increasing competition from newer, smaller companies
Potential disruptions in the supply chain due to global events, such as natural disasters or political instability.
Fluctuating foreign currency exchange rates

Key Developments

Date	Approach	Development
January 2023	Product Launch	Blink has launched 5 new charging products for consumers as well as businesses.
July 2021	Partnership	Blink Charging Co has a partnership with Traffic and Parking Control Co., Inc (TAPCO), a distributor, manufacturer as well as a service provider of traffic safety along with parking control products. TAPCO has become a distributor of Blink Charging's electric vehicle charging stations.
November 2022	Product Launch	Blink Charging Co has launched 3 new state-of-the-art electric vehicle chargers. The product offers a flexible, robust, and intelligent solution for the fastest-growing segment of electric vehicle infrastructure.
March 2023	Product Launch	Blink Charging Co.'s redesigned Blink mobile charger is now available. The freestanding charger is intended to provide emergency charging for stranded electric vehicles, meeting the requirements of EV fleet operators, roadside assistance providers, insurance companies, auto manufacturers, and public roadway assistance programmes.
March 2020	Product Launch	Blink Charging Co. has announced the release of its innovative new mobile EV charging station, which is now available. The EV charger is designed to provide roadside assistance to Blink members and EV drivers wherever they may be. It is dependable, cost-effective, portable, and mobile.

Product Offering

Blink Charging Co
- EV Charging Stations
- Portable electric vehicle charger

Financial Performance

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