Blink Charging Shares Up 9% on Deploying EV Chargers to GM Dealerships
January 18 2022 - 11:42AM
Dow Jones News
By Michael Dabaie
Blink Charging Co. shares rose 9% to $25.50 Tuesday after the
company said it is deploying electric-vehicle chargers at General
Motors dealerships in the U.S. and Canada.
The company said it is working with ABM, which delivers EV
charging installations, in supplying its IQ 200 Level 2 chargers to
participating GM dealerships across North America.
Blink said it has already shipped chargers to selected GM
dealerships in all 50 states across the U.S. and currently has
orders on hand to supply GM dealers in the U.S. and Canada with
additional charging stations over the next several months.
"As transportation continues to shift toward becoming more
electric, Blink's technologically advanced EV charging
infrastructure will be a critical component of an automaker's
ecosystem and will play a significant role in accelerating EV mass
adoption," Chief Executive Michael D. Farkas said.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 18, 2022 12:27 ET (17:27 GMT)
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