Blink Charging Business Summary

Blink Charging Co. (BLNK) operates a diversified revenue model centered on the sale of electric vehicle supply equipment (EVSE) and the provision of networked charging services. The company generates income through three primary channels: hardware sales of Level 2 and DC fast chargers, recurring service fees from its proprietary cloud-based Blink Network, and transaction-based charging fees from EV drivers. Its business segments are categorized by ownership structure, including a Blink-owned turnkey model where the company retains nearly all charging revenue, a hybrid model with shared installation costs, and a host-owned model where property partners purchase equipment and pay subscription fees for network connectivity. Within the competitive landscape, Blink competes directly with Tesla’s Supercharger network, ChargePoint, EVgo, and Electrify America. Blink distinguishes itself as a top-three U.S. network provider, strategically positioning its infrastructure in high-density commercial, municipal, and multi-family residential locations to capture the mid-range charging market that bridges residential use and long-distance highway travel. The company is led by President and CEO Mike Battaglia, a veteran executive with over 30 years of experience in operational excellence and global growth, formerly of J.D. Power. The executive suite includes Chief Financial Officer Michael Bercovich, who joined in 2025 with an extensive background in global finance and treasury management, and Chief Technology Officer Harmeet Singh, who oversees the development of the company’s proprietary software and hardware integration. Blink was founded by Michael D. Farkas, who remains a significant figure in the company’s history after pivoting the business from Car Charging Group to its current identity. The Board of Directors is chaired by Ritsaart van Montfrans, a prominent EV entrepreneur and founder of NewMotion, and includes notable members such as Jack Levine and Dr. Martha J. Crawford, providing a mix of financial oversight and technological innovation expertise.