Company type | Public |
---|---|
Nasdaq: BLNK | |
Industry | Electric vehicle charging |
Headquarters | , United States |
Number of locations | 90,167 publicly accessible chargers (2024) |
Key people | Brendan S. Jones (president & CEO) |
Revenue | US$61,139,000 (2022) |
US$(89,271,000) (2022) | |
US$(91,560,000) (2022) | |
Total assets | US$362,542,000 (2022) |
Total equity | US$260,957,000 (2022) |
Website | blinkcharging |
Footnotes /references Financials as of December 31,2022 [update] . References: [1] |
Blink Charging Co. is an American electric vehicle charging network operator headquartered in Bowie, Maryland. [2] Top three EV charging network in the United States, it has over 90,000 chargers globally in 25 countries. [3]
Blink was incorporated October 3, 2006, as New Image Concepts, Inc. (a shell company) to provide consulting services around personal appearance and entertainment. On November 20, 2009, it changed its name to Car Charging Group, Inc. in a merger with Car Charging, Inc. before settling on Blink after acquisition of the titular asset in 2013. [4] [5] In March 2023, Blink was one of three EV charger suppliers chosen by the U.S. Postal Service as part of its electric vehicle fleet upgrade; Blink will supply up to 41,500 EV chargers. [6] [7]
In October 2013, the Blink network was acquired from ECOtality [8] [9] after its chapter 11 bankruptcy. [10]
In June 2022, Blink acquired SemaConnect. [11]
In April 2023, Blink announced its subsidiary Blink Mobility, LLC, purchased electric vehicle sharing platform developer, Envoy Technologies. [12]
Hertz Global Holdings, Inc., known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.
A charging station, also known as a charge point, chargepoint, or electric vehicle supply equipment (EVSE), is a power supply device that supplies electrical power for recharging plug-in electric vehicles.
Better Place was a venture-backed international company that developed and sold battery charging and battery switching services for electric cars. It was formally based in Palo Alto, California, but the bulk of its planning and operations were steered from Israel, where both its founder Shai Agassi and its chief investors resided.
An electric vehicle charging network is an infrastructure system of charging stations to recharge electric vehicles. The term electric vehicle infrastructure (EVI) may refer to charging stations in general or the network of charging stations across a nation or region. The proliferation of charging stations can be driven by charging station providers or government investment, and is a key influence on consumer behaviour in the transition from internal combustion engine vehicles to electric vehicles. While charging network vendors have in the past offered proprietary solutions limited to specific manufacturers, vendors now usually supply energy to electric vehicles regardless of manufacturer.
ChargePoint is an American electric vehicle infrastructure company based in Campbell, California. ChargePoint operates the largest online network of independently owned EV charging stations operating in 14 countries and makes some of its technology.
ECOtality, Inc., headquartered in San Francisco, California, was an electric transportation and storage technologies company. ECOtality was the parent company of ECOtality North America, Innergy Power Corporation, Fuel Cell Store and ECOtality Australia Pty Ltd.
CHAdeMO is a fast-charging system for battery electric vehicles, developed in 2010 by the CHAdeMO Association, formed by the Tokyo Electric Power Company and five major Japanese automakers. The name is an abbreviation of "CHArge de MOve" and is derived from the Japanese phrase "o CHA deMO ikaga desuka" (お茶でもいかがですか), translating to English as "How about a cup of tea?", referring to the time it would take to charge a car.
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van, the Rivian EDV, is also being produced. Rivian started deliveries of its R1T pickup truck in late 2021. The company planned to build an exclusive charging network in the United States and Canada by the end of 2023.
Tesla Supercharger is an electric vehicle fast charging network built and operated by American vehicle manufacturer Tesla, Inc.
The Combined Charging System (CCS) is a standard for charging electric vehicles. It can use Combo 1 (CCS1) or Combo 2 (CCS2) connectors to provide power at up to 350 kilowatts (kW) . These two connectors are extensions of the IEC 62196 Type 1 and Type 2 connectors, with two additional direct current (DC) contacts to allow high-power DC fast charging. In response to demand for faster charging, 400 kW CCS chargers have been deployed by charging networks and 700 kW CCS chargers have been demonstrated.
EVgo Inc. is an electric vehicle fast charging network in the United States, with more than 950 charging locations as of August 2023. The company's charge stations are located in 35 states and are compatible with all major auto manufacturers.
SemaConnect was an electric vehicle infrastructure company located in Bowie, Maryland, founded in 2008 by entrepreneur, Mahi Reddy. The company and its assets were acquired by Blink Charging in June 2022. On June 23, 2023, Blink Charging officially migrated all remaining SemaConnect infrastructures onto their own network, therefore phasing out the use of the SemaConnect brand entirely.
Lucid Group, Inc. is an American automotive and technology company that makes electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. The company expects to begin production of its second model, the Lucid Gravity SUV, in late 2024. Lucid also supplies and develops powertrain technology to other automakers, including Aston Martin.
Fisker Inc. is an American automotive company founded by Danish automotive designer Henrik Fisker and his wife Geeta Gupta-Fisker.
Nio Inc. is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company was established in 2014, and adopted its current name in 2016. In 2018, Nio filed for a IPO on the New York Stock Exchange. The company expanded its sales to the European market in 2021. As of 2023, Nio has two manufacturing plants in Hefei, Anhui, China in collaboration with state-owned manufacturer JAC Group.
Chargemaster Limited is a supplier of charging infrastructure for electric vehicles, based in Milton Keynes, England. It provides charging units for home, business and public use, and operates its own electric vehicle fast charging network.
The adoption of plug-in electric vehicles in Australia is driven mostly by state-based electric vehicle targets and monetary incentives to support the adoption and deployment of low- or zero-emission vehicles. The monetary incentives include electric vehicle subsidies, interest-free loans, registration exemptions, stamp duty exemptions, the luxury car tax exemption and discounted parking for both private and commercial purchases. The Clean Energy Finance Corporation, energy providers, car loan providers and car insurance providers also offer their own financial incentives for electric vehicle purchases including Macquarie Bank offering the lowest electric car loan of 2.99%.
Electrify America, LLC is electric vehicle DC fast-charging network in the United States, with more than 900 stations and over 4,000 DC fast charging connectors as of December 2023. It is a subsidiary of Volkswagen Group of America, established in late 2016 by the automaker as part of its efforts to offset emissions in the wake of the Volkswagen emissions scandal. Volkswagen, as part of its settlement following the "Dieselgate" emissions scandal, invested $2 billion in creating Electrify America. In June 2022, Siemens became a minority shareholder of the company. Electrify America supports the CCS and CHAdeMO connector types with plans to add NACS connectors starting in 2025. Electrify America has been the target of significant criticism for the perceived lack of reliability and maintenance of its stations.
Electrify Canada is a corporation formed by Electrify America and Volkswagen Group to build electric vehicle (EV) direct current (DC) charging infrastructure in Canada.
The North American Charging System (NACS), being standardized as SAE J3400, is an electric vehicle (EV) charging connector system developed by Tesla, Inc. It has been used by all North American market Tesla vehicles since 2021 and was opened for use by other manufacturers in November 2022. It is backwards compatible with the proprietary Tesla connectors made before 2021.