EV charging is redefining the concept of a home: Blink CEO
03/19/2024 00:59
Blink Charging's (BLNK) revenue skyrocketed 130% in its latest quarterly report, positioning the company as a potential frontrunner in the EV charging space. Blink Charging CEO and President Brendan Jones joins Yahoo Finance Live to discuss why he believes Blink's growth trajectory will persist, describing it as the "most versatile company." Jones acknowledges the narratives of slowing EV demand within auto markets, but counters: "We are still seeing growth across the segment." Additionally, he points out that the "fleet segment is on fire" despite waning spending seen in consumer segments, with apartment buildings and broad-base infrastructure adopting EV charging "growing the fastest." Jones emphasizes Blink's commitment to diversification, stating: "We are the guys who always have a solution to whatever site it is, no matter what." He believes this versatility has fueled revenue gains because the company doesn't "give up revenue" but instead searches for ways to make their charging stations compatible with whatever site desires them. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Blink Charging's (BLNK) revenue skyrocketed 130% in its latest quarterly report, positioning the company as a potential frontrunner in the EV charging space. Blink Charging CEO and President Brendan Jones joins Yahoo Finance Live to discuss why he believes Blink's growth trajectory will persist, describing it as the "most versatile company."
Jones acknowledges the narratives of slowing EV demand within auto markets, but counters: "We are still seeing growth across the segment." Additionally, he points out that the "fleet segment is on fire" despite waning spending seen in consumer segments, with apartment buildings and broad-base infrastructure adopting EV charging "growing the fastest."
Jones emphasizes Blink's commitment to diversification, stating: "We are the guys who always have a solution to whatever site it is, no matter what." He believes this versatility has fueled revenue gains because the company doesn't "give up revenue" but instead searches for ways to make their charging stations compatible with whatever site desires them.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith