Blink Sees Benefit From Shift to Tesla Charging Standard
CEO Says Company Is Well Positioned to Offer Stations With Tesla-Style Plugs
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The auto industry’s rapid shift to using .’s charging standard for other electric cars will benefit Co., the company’s CEO said during its second-quarter earnings call.
Automakers including and recently announced they would switch to using Tesla’s North American Charging Standard, largely so buyers of their new electric vehicles would have access to Tesla’s network of public charging stations.
Although Blink operates a competing network, CEO said his company was well positioned to offer stations with Tesla-style plugs.
“We view the adoption of NACS as a positive development for Blink,” he said.
announced record second quarter with 186% revenue growth and a 528% increase in gross profit. ⚡️📣
Learn More: — Blink Charging (@BlinkCharging)
Blink, based in Miami Beach, Fla., on Aug. 8 reported a 186% jump in quarterly revenues year over year, to $32.8 million, as EV sales grow. The company also raised its guidance for annual revenue, forecasting $110 million to $120 million.
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