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Big Acquisition Cements Blink Charging Co’s Leading EV Position

There’s been a lot going on lately at Blink Charging Co (NASDAQ:BLNK), a leading provider, owner, and operator of electric vehicle (EV) charging equipment and services.

In May, the company reported record first-quarter revenue growth. That came on the heels of record 2021 financial results. Management expects the momentum to continue throughout 2022.

Since then, the company has announced its acquisition of SemaConnect, Inc., a privately held EV charging infrastructure company. The acquisition will boost Blink Charging Co’s EV infrastructure, making it the only true vertically integrated EV charging company.

Blink Charging Stock Could Triple

The post Big Acquisition Cements Blink Charging Co’s Leading EV Position appeared first on Profit Confidential.