Blink Charging plans to expand its DC fast charging network with 136 new stalls across various states in 2026.
Quiver AI Summary
Blink Charging Co. has announced significant progress in its expansion of DC fast charging infrastructure during the first quarter of 2026, with 136 charging stalls either approved or under construction. The company is focused on enhancing its portfolio of owned and operated fast charging sites, aiming to support long-term revenue growth and meet the increasing demand from electric vehicle drivers. Recent installations include high-powered DCFC sites in Colorado and North Carolina, along with plans for additional sites across several states including New Jersey and Florida. Blink's president, Mike Battaglia, emphasized the company's strategic approach to deploying capital on quality sites, contributing to a 25% increase in service revenue year-over-year. As Blink continues to develop its network, it expects to enhance utilization and expand access to fast charging solutions throughout 2026.
Potential Positives
- Approval and development of 136 DC fast charging stalls demonstrates Blink's commitment to expanding its EV charging infrastructure.
- Service revenue increased by 25% year-over-year in Q1 2026, indicating strong growth and utilization of its services.
- Strategic expansion in multiple states highlights Blink's proactive approach to meet the growing demand for EV charging solutions.
- Company operates with a streamlined cost structure and a debt-free balance sheet, positioning it for sustainable growth in the electric vehicle market.
Potential Negatives
- Despite the reported revenue growth, the need for a "deliberate, strategic approach" suggests that the company may face challenges in scaling quickly in a competitive market.
- The reliance on projections for future performance, as indicated in the forward-looking statements, points to the inherent risks and uncertainties in achieving stated goals, which may undermine investor confidence.
FAQ
What is the recent expansion of Blink Charging's DC fast charging infrastructure?
Blink Charging has approved or is underway with 136 DC fast charging stalls in the first 90 days of 2026.
Where are the new DCFC sites planned?
The new DCFC sites are planned across New Jersey, Maryland, Illinois, Pennsylvania, Florida, and North Carolina.
What is the capacity of the Vasa Fitness charging site?
The Vasa Fitness site in Lafayette, Colorado, offers a total capacity of 600kW with up to 360kW peak per stall.
How much did Blink Charging's service revenue increase in Q1 2026?
Blink Charging reported a 25% year-over-year increase in service revenue for Q1 2026.
What is Blink Charging's focus for the next decade?
Blink Charging aims to expand its DC fast charging footprint and enhance access to fast, convenient charging solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BLNK Insider Trading Activity
$BLNK insiders have traded $BLNK stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BLNK stock by insiders over the last 6 months:
- MICHAEL BERCOVICH (Chief Financial Officer) has made 2 purchases buying 65,333 shares for an estimated $50,391 and 0 sales.
- MICHAEL C. BATTAGLIA (President and CEO) purchased 33,333 shares for an estimated $24,999
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BLNK Revenue
$BLNK had revenues of $20.8M in Q1 2026. This is an increase of 0.12% from the same period in the prior year.
You can track BLNK financials on Quiver Quantitative's BLNK stock page.
You can access data on BLNK stock through the Quiver Quantitative API.
$BLNK Hedge Fund Activity
We have seen 46 institutional investors add shares of $BLNK stock to their portfolio, and 57 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP added 6,175,566 shares (+1256.4%) to their portfolio in Q4 2025, for an estimated $4,119,102
- SABBY MANAGEMENT, LLC added 2,125,958 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,418,013
- RENAISSANCE TECHNOLOGIES LLC added 1,773,109 shares (+227.2%) to their portfolio in Q4 2025, for an estimated $1,182,663
- MILLENNIUM MANAGEMENT LLC removed 1,762,769 shares (-99.2%) from their portfolio in Q4 2025, for an estimated $1,175,766
- CITADEL ADVISORS LLC removed 1,055,814 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $704,227
- JANE STREET GROUP, LLC added 1,049,662 shares (+205.8%) to their portfolio in Q4 2025, for an estimated $700,124
- STIFEL FINANCIAL CORP removed 942,337 shares (-59.3%) from their portfolio in Q4 2025, for an estimated $628,538
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
136 DC fast charging stalls approved or underway in the first 90 days of the year, doubling down on its DCFC Owner Operator focus
Bowie, MD, May 13, 2026 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today highlighted the strong momentum in its DC fast charging (DCFC) infrastructure expansion during the first quarter of 2026, as the Company continues to deliver on its strategy to expand its owned and operated fast charging sites, supporting long-term, repeatable revenue growth.
As of March 31, 2026, Blink advanced a focused pipeline of DCFC sites progressing across several active stages of development, including 27 sites approved or under construction. Upon completion, these sites are expected to deliver a combined 136 stalls, expanding access to reliable, convenient, fast charging for EV drivers.
Included among the completed sites is the recently installed high-powered DCFC site at Vasa Fitness in Lafeyette, Colorado, offering 600kW total capacity with up to 360kW peak per stall. Additionally, this list includes two 180kW dual-port DC fast chargers at Morganton Plaza in North Carolina, and two single-port DC fast chargers in Brooklyn, New York. The approved pipeline includes planned sites throughout New Jersey, Maryland, Illinois, Pennsylvania, Florida, and further expansion in North Carolina.
“DC fast charging is central to how we are building Blink for the next decade and beyond, and we are energized by the pace of progress we’re seeing across our pipeline,” said Mike Battaglia, President and CEO of Blink Charging. “We are moving with focus and discipline, deploying capital intentionally and strategically on high-quality sites, and building infrastructure designed to drive utilization and meet the growing demands of EV drivers.”
As additional DCFC sites come online, Blink expects its expanding network to drive higher utilization and continued growth in service revenue, which the Company reported rose 25% year-over-year in Q1 2026.
With a streamlined cost structure and debt-free balance sheet, Blink is focused on scaling its DCFC footprint and expanding access to fast, convenient charging through a deliberate, strategic approach as it progresses through the remainder of 2026.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit
https://blinkcharging.com/
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Blink Media Contact
Felicitas Massa
[email protected]
Blink Investor Relations Contact
Vitalie Stelea
[email protected]