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BLNK Stock: 9 Things for Blink Charging Investors to Know About the GM Deal

InvestorPlace2022-01-19

Blink Charging(NASDAQ:BLNK) stock is getting a boost on Tuesday from a deal with General Motors(NYSE:GM) for its electric vehicle (EV) chargers.

Let’sdive into that newsbelow and see why investors are celebrating today!

  • Blink Charging has signed a deal with GM to provide it with EV chargers.
  • That includes its car dealerships in the U.S. and Canada.
  • This will have it working with ABM to supply IQ 200 Level 2 chargers to GM.
  • BLNK notes that it is already supplying chargers to some GM locations.
  • It plans to expand to these new locations over the next few months.
  • The company notes that these chargers are its fastest Level 2 AC charging stations available.
  • They produce 80 Amps of output, which provides EVs with 19.2kW.
  • That allows for reduced charging time.
  • To go along with that, its local load management allows for two to 20 chargers to run on a single circuit.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment15

  • Mm101
    ·2022-01-20
    Line
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    • Mm101
      G
      2022-01-20
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    • Mm101
      Soon
      2022-01-20
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    • Mm101
      Buy
      2022-01-20
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    View more 2 comments
  • 来人
    ·2022-01-19
    Nice 
    Reply
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  • CTJL
    ·2022-01-19
    GM finally wake up to embrace the EV strategy.
    Reply
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    • Jason_LSE
      Giant not nimble, usually political  & response slowly.
      2022-01-20
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    • Jason_LSE
      Better late than NEVER. [Tongue]
      2022-01-19
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  • AnnieReis
    ·2022-01-19
    Thanks for sharing 
    Reply
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  • cmg76
    ·2022-01-19
    Yes
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  • Abundance Thankful
    ·2022-01-19
    Wow
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  • ok
    Reply
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  • 哦家
    Reply
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  • Noob6
    ·2022-01-19
    👌
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  • FlyHighFly
    ·2022-01-19
    Like please
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    • KYLeong
      Liked
      2022-01-19
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    • Leo_T
      Ok
      2022-01-19
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  • boonk
    ·2022-01-19
    Buy buy
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  • Tiongwee
    ·2022-01-19
    Like
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  • xiaobaii
    ·2022-01-19
    like & comment please 
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  • Edneo
    ·2022-01-19
    Go go go!!
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    • xiaobaii
      like & comment please
      2022-01-19
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  • Bingbong
    ·2022-01-19
    ok
    Reply
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