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Mar 31, 2020
Blink Charging Q1 2020 Earnings Report
Reported record quarterly revenue driven by strong product sales of EV charging equipment and services.
Key Takeaways
Blink Charging announced record quarterly revenue driven by solid growth and strong product sales of EV charging equipment and services, despite the COVID-19 pandemic.
Product sales of EV charging equipment increased 653% year-over-year.
Total revenue increased 125% year-over-year.
International expansion continued with new charging station deployments in the Dominican Republic and Israel.
Greece's charging network expanded with the addition of 48 charging ports through a joint venture.