Blink Charging And Parkopedia Collaborate, Adding 4,000 Locations To Platform

Blink Charging Co BLNK disclosed an agreement with Parkopedia to offer increased accessibility to electric vehicle charging to drivers.

As per the deal, BLNK will integrate more than 4,000 EV charging locations in the Parkopedia platform in North America. 

This strategic integration will grant the platform access to around 12,000 public EV chargers, which include 129 DC fast chargers.

"Our collaboration with Parkopedia creates a streamlined experience for EV drivers to conveniently locate Blink EV charging stations across North America. The combination of Parkopedia's excellence in serving drivers through convenience in parking accessibility and Blink's extensive range of public EV chargers gives EV drivers confidence in finding a reliable charging experience wherever they are. This initiative builds upon our strategy of making it easy for EV drivers to locate Blink chargers through a variety of platforms." said Jim Nemec, chief revenue officer for Blink Charging. 

Last month, BLNK reported a Q2 EPS loss of $0.44, which beat the analyst consensus estimate of an EPS loss of $0.49, a decline of 7.32% Y/Y, and sales of $32.84 million, which beat the analyst of $23.76 million.

The company raised its FY23 revenue target to $110 and $120 million, targeting a positive adjusted EBITDA run rate by December 2024.

Also Read: Electrifying Partnership - Blink Charging Becomes The EV Charging Supplier For Tennessee Valley Authority

Price Action: BLNK shares were trading 0.85% higher at $2.98 on the last check Tuesday. 

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