Tuesday, February 18, 2020

Buying Blink Charging Co (BLNK) @$2.71

Blink Charging operates and provides charging equipment in the United States. They basically supply property owners, managers and parking companies with equipment and software to manage and bill EV charging stations. I think this field has plenty of runway to grow and this company is a very specific player in the food chain. Doesn't seem to me like this technology or service is something major car manufacturers will compete with in the short-medium term. It makes sense that they will continue to lease these services from Blink.. or alternately someone (Tesla?) acquires them. 

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