Blink Charging Steps in to Support Everon Customers | BLNK Stock News

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5 days ago
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  • Blink Charging (BLNK, Financial) appointed as preferred EV charging provider for Everon clients after EVBox exits market.
  • Offers real-time management via Blink Network and a future-ready technology portfolio.
  • Immediate availability of replacement chargers positions Blink as a strategic leader in the EV space.

Blink Charging Co. (BLNK) has been named as the recommended replacement provider for Everon customers following the announcement that EVBox will discontinue its AC and Everon operations in Europe and North America. This strategic move allows Blink to support affected EV charging station hosts and customers with infrastructure evaluation, system maintenance, and charger upgrades.

Everon customers transitioning to Blink will access the Blink Network portal through the Blink Charging app, offering them real-time monitoring and management capabilities. The app allows users to manage infrastructure, set sales prices, and generate reports, ensuring seamless continuity in their charging services.

Blink emphasizes its advanced, future-ready charging technology, which includes compatibility with upcoming vehicle-to-grid technology. The company assures the immediate availability of its charging equipment to meet replacement needs, positioning itself as a technological upgrade for Everon’s clientele.

This development represents a significant opportunity for Blink Charging to expand its market presence without the costs associated with traditional customer acquisition. By filling the gap left by a major competitor, Blink enhances its potential to increase its network size, transaction volumes, and recurring revenue streams, providing a growth catalyst for the company and its shareholders.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.