GM - Blink Charging adds NACS charging capabilities to entire product line

2023-06-28 11:03:13 ET

Blink Charging ( NASDAQ: BLNK ) announced on Wednesday that it will incorporate both the North America Charging Standard and Combined Charging System into the company's line of charging products.

With eyes on meeting growing demand, Blink Charging ( BLNK ) said it is well positioned to produce universally accessible EV chargers under the Biden Administration’s Buy America program and has plans for additional U.S. manufacturing facilities.

“At the EVS36 Symposium earlier this month, we announced the integration of NACS connectors into our new 240kW DC Fast Charger. Since this exciting announcement, we have diligently advanced the integration of NACS connectors across our entire Blink charger product line," updated Blink Charging ( BLNK ) CEO Brendan Jones.

The broad takeaway from Blink Charging ( BLNK ) is that it supports all OEMs and will ensure it has NACS chargers to meet the needs of General Motors ( GM ), Ford ( F ), Rivian Automotive ( RIVN ), and Volvo customers.

Shares of Blink Charging ( BLNK ) moved up 2.45% in morning trading on Wednesday to bounce off its recent 2023 low.

More on electric vehicle charging stocks:

• EVs made by General Motors will be able to use Tesla's Supercharger network
• ChargePoint Joins The Big Auto EV Alliance
• Is EVgo's Success At Risk?
• Blink Charging: Tesla Roadblock
• Seeking Alpha's Quant Rating for ChargePoint
• Seeking Alpha's Quant Rating for EVgo

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