Blink Charging narrows quarterly losses and pivots toward high-margin DC fast-charging and energy management software to reach profitability by 2026.
Blink Charging reiterated its goal of EBITDA breakeven by end of 2026, accelerated DC fast-charging buildout, and highlighted a $115M EnergyConnect opportunity, indicating a bullish outlook.
Blink Charging is accelerating its shift toward DC fast-charging infrastructure while targeting EBITDA breakeven by the end of 2026. The company reported a narrowed second-quarter EBITDA loss of $2.2 million and unveiled its EnergyConnect platform, which represents a projected $115 million revenue opportunity over the next five years through load management and grid services.
EnergyConnect is a cloud-based energy management system designed to reduce electricity costs for charging sites through load balancing and demand management, while creating new revenue streams via grid services.