Analysis-Tesla's EV charging team layoffs threaten to slow Biden's program to electrify highways [Yahoo! Finance Canada]
Blink Charging Co. (BLNK)
Last blink charging co. earnings: 8/14 04:26 pm
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Source: Yahoo! Finance Canada
is scrambling plans for rolling out new fast-charging stations and may delay President Joe Biden's efforts to electrify U.S. highways. Last year, the Biden administration announced rules for an ambitious plan to expand the country's charging infrastructure and jump-start EV adoption. Under the National Electric Vehicle Infrastructure (NEVI) program, the government is doling out $5 billion to states over five years to build 500,000 EV chargers. EV market leader Tesla, which also operates the largest network of fast chargers - called Superchargers - in the U.S. and is the biggest winner so far of those federal funds, was seen as a crucial part of that plan. ADVERTISEMENT Since news of Tesla's abrupt EV charging layoffs surfaced, however, executives at charging companies say they have been receiving phone calls from landlords looking for a new partner for their private charging projects after Tesla pulled out. Now, the charging companies are preparing for Tesla to pull out of t
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BLNK
News
- Blink Charging Co. (NASDAQ: BLNK) had its "hold" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $4.00 price target on the stock.MarketBeat
- Global and US Electric Vehicle Charging Infrastructure (EVCI) Hardware Market + Database: Regional Analysis to 2030 [Yahoo! Finance]Yahoo! Finance
- Blink Charging to be official electric vehicle charger services provider for New York [Seeking Alpha]Seeking Alpha
- Blink Charging Selected as an Official Electric Vehicle Charger and Network Services Provider for State of New YorkGlobeNewswire
- EV adoption is set for long-term growth: Blink Charging CEO [Yahoo! Finance]Yahoo! Finance
BLNK
Earnings
- 5/9/24 - Beat
BLNK
Sec Filings
- 5/17/24 - Form 8-K
- 5/16/24 - Form 4
- 5/10/24 - Form 10-Q
- BLNK's page on the SEC website