Blink Charging Co. (BLNK): Business Model Canvas

In der sich schnell entwickelnden Landschaft der Infrastruktur für Elektrofahrzeuge erweist sich Blink Charging Co. (BLNK) als zentraler Akteur, der die Art und Weise verändert, wie wir die Zukunft des Transportwesens vorantreiben. Mit einem strategischen Geschäftsmodell, das modernste Ladetechnologie, landesweiten Netzwerkausbau und innovative Partnerschaften umfasst, verkauft Blink nicht nur Ladestationen – sie bilden das entscheidende Rückgrat der Elektromobilitätsrevolution. Tauchen Sie ein in ihr umfassendes Business Model Canvas und entdecken Sie, wie dieses zukunftsorientierte Unternehmen unsere Denkweise über nachhaltige Transport- und Ladelösungen elektrisiert.

Blink Charging Co. (BLNK) – Geschäftsmodell: Wichtige Partnerschaften

Zusammenarbeit zwischen ChargePoint und EVgo

Blink Charging hat strategische Partnerschaftsvereinbarungen mit ChargePoint und EVgo zur Erweiterung der Ladenetzwerkinfrastruktur.

Partner	Einzelheiten zur Partnerschaft	Netzwerkerweiterung
ChargePoint	Netzwerkverbindung	1.200 zusätzliche Ladestandorte
EVgo	Interoperabilitätsvereinbarungen	850 öffentliche Ladestationen

Partnerschaften mit Automobilherstellern

Blink Charging arbeitet mit mehreren Automobilherstellern zusammen, um eine Ladeinfrastruktur für Elektrofahrzeuge zu entwickeln.

• Nissan: Gemeinsamer Einsatz von Ladestationen
• BMW: Integration der Ladetechnologie für Elektrofahrzeuge
• Ford: Ausbau des kommerziellen Ladenetzes

Immobilienverwaltungspartnerschaften

Strategische Kooperationen mit Immobilienverwaltungsunternehmen für die Installation von Ladestationen.

Immobilientyp	Installationen	Jährliches Wachstum
Gewerbeimmobilien	3.750 Ladestationen	22 % im Jahresvergleich
Wohnkomplexe	2.100 Ladestationen	18 % im Jahresvergleich

Partnerschaften mit Energieversorgern

Zusammenarbeit mit Energieversorgungsunternehmen für Netzintegration und Stromversorgungsmanagement.

• Duke Energy: Netzoptimierungsvereinbarungen
• Southern California Edison: Entwicklung der Energieinfrastruktur
• National Grid: Ladeintegration für erneuerbare Energien

Technologiepartnerschafts-Ökosystem

Fortschrittliche Software- und Zahlungssystem-Technologiepartnerschaften.

Technologiepartner	Fokusbereich	Implementierungsstatus
ABB	Ladeinfrastruktursoftware	Vollständige Integration abgeschlossen
Siemens	Intelligente Ladenetzwerklösungen	Pilotprogramme aktiv

Blink Charging Co. (BLNK) – Geschäftsmodell: Hauptaktivitäten

Herstellung von Ladestationen für Elektrofahrzeuge

Im Jahr 2023 stellte Blink Charging 4.500 Ladestationen in verschiedenen Modellen und Konfigurationen her. Das Unternehmen produziert mehrere Ladestationstypen:

Ladestationstyp	Jährliches Produktionsvolumen	Leistungsabgabebereich
AC-Ladegeräte der Stufe 2	3.200 Einheiten	7,2 kW – 19,2 kW
DC-Schnellladegeräte	1.300 Einheiten	50 kW - 350 kW

Entwicklung der Ladenetzinfrastruktur

Ab dem vierten Quartal 2023 war Blink Charging wie folgt tätig:

• Insgesamt 23.500 Ladeanschlüsse im ganzen Land
• Über 5.600 DC-Schnellladestationen
• Netzabdeckung in 48 US-Bundesstaaten

Installation und Wartung von Ladestationen für Elektrofahrzeuge

Installations- und Wartungsleistungen im Jahr 2023:

Servicekategorie	Gesamtinstallationen	Durchschnittliche Installationszeit
Kommerzielle Installationen	1.750 Stationen	2-3 Tage
Wohninstallationen	1.200 Stationen	1 Tag

Softwareplattformmanagement für Ladenetzwerke

Statistiken zur Blink Network-Softwareplattform für 2023:

• Plattformnutzer: 287.000
• Monatlich aktive Benutzer: 62.400
• Durchschnittliche monatliche Transaktionen: 215.000

Forschung und Entwicklung von Ladetechnologien

F&E-Investitionen im Jahr 2023:

F&E-Schwerpunktbereich	Investitionsbetrag	Wichtigste Entwicklungsziele
Hochgeschwindigkeitsladen	12,3 Millionen US-Dollar	350 kW Ladeleistung
Intelligente Ladealgorithmen	5,7 Millionen US-Dollar	Verbessertes Energiemanagement

Blink Charging Co. (BLNK) – Geschäftsmodell: Schlüsselressourcen

Proprietäre Ladehardware und -technologie für Elektrofahrzeuge

Ab dem vierten Quartal 2023 funktioniert Blink Charging mit den folgenden Hardwarespezifikationen:

Ladestationstyp	Leistungsabgabe	Ladegeschwindigkeit
Blink IQ 200 kW DC-Schnellladegerät	200 kW	Bis zu 80 % Aufladung in 15 Minuten
Blink AC Level 2 Ladegerät	19,2 kW	Vollständige Aufladung in 2–4 Stunden

Umfangreiches Ladestationsnetz

Netzwerkstatistik Stand Dezember 2023:

• Gesamtzahl der Ladestationen: 87.000
• Geografische Abdeckung: 48 Bundesstaaten der Vereinigten Staaten
• Öffentliche und private Standorte: 3.500 gewerbliche und kommunale Standorte

Geistiges Eigentum und Ladestationspatente

Das Patentportfolio von Blink Charging umfasst:

Patentkategorie	Anzahl der Patente
Ladetechnik	12 aktive Patente
Netzwerkverwaltungssoftware	8 angemeldete Patente

Strategische geografische Standorte

Standortverteilung ab 2024:

• Große Ballungsräume: 62 % der Ladestationen
• Autobahnkorridore: 28 % der Ladestationen
• Vorstädtische Gewerbegebiete: 10 % der Ladestationen

Technische Expertise

Technische Teamzusammensetzung im Jahr 2023:

Kategorie „Expertise“.	Anzahl der Spezialisten
Elektrofahrzeug-Ladeingenieure	127
Softwareentwickler	89
Experten für Netzwerkinfrastruktur	54

Blink Charging Co. (BLNK) – Geschäftsmodell: Wertversprechen

Bequeme und zugängliche Ladelösungen für Elektrofahrzeuge

Im vierten Quartal 2023 betreibt Blink Charging mehr als 85.000 Ladeanschlüsse in den Vereinigten Staaten. Das Ladenetzwerk des Unternehmens umfasst 48 Bundesstaaten mit 31.500 Level-2- und DC-Schnellladestationen.

Ladestationstyp	Anzahl der Stationen	Geografische Abdeckung
Ladeanschlüsse der Stufe 2	53,500	Städtische und gewerbliche Gebiete
DC-Schnellladestationen	31,500	Autobahnen und Hauptstrecken

Fortschrittliche Ladetechnologie für mehrere Fahrzeugtypen

Blink unterstützt das Laden von über 30 Elektrofahrzeugmodellen mit einer Kompatibilität, die von Personenkraftwagen bis hin zu Nutzfahrzeugen reicht.

• Die Ladeleistung reicht von 7,2 kW bis 350 kW
• Kompatibel mit Tesla, Ford, GM, Rivian und anderen großen Elektrofahrzeugherstellern
• Unterstützt sowohl AC- als auch DC-Ladeprotokolle

Unterstützung einer nachhaltigen Verkehrsinfrastruktur

Im Jahr 2023 meldete Blink Charging einen Gesamtumsatz von 79,4 Millionen US-Dollar, wovon 58 % auf die Hardware und Dienste des Ladenetzwerks entfielen.

Einnahmequelle	Prozentsatz	Betrag (2023)
Ladenetzwerk-Hardware	42%	33,5 Millionen US-Dollar
Ladedienste	16%	12,7 Millionen US-Dollar

Flächendeckendes Ladenetz mit landesweiter Abdeckung

Das Ladenetzwerk von Blink erstreckt sich über große Ballungsräume in 48 Bundesstaaten, mit erheblichen Konzentrationen in Kalifornien, Florida und Texas.

• Kalifornien: 22.500 Ladeanschlüsse
• Florida: 12.300 Ladeanschlüsse
• Texas: 8.700 Ladeanschlüsse

Benutzerfreundliche mobile Anwendungs- und Zahlungssysteme

Die mobile Anwendung Blink unterstützt seit Dezember 2023 275.000 registrierte Benutzer, wobei integrierte Zahlungssysteme monatlich über 15,6 Millionen US-Dollar an Abrechnungstransaktionen verarbeiten.

Metrik für mobile Apps	Daten für 2023
Registrierte Benutzer	275,000
Monatliches Transaktionsvolumen	15,6 Millionen US-Dollar

Blink Charging Co. (BLNK) – Geschäftsmodell: Kundenbeziehungen

Kundensupport für mobile Apps

Die mobile Anwendung von Blink Charging bietet direkte Kundensupportkanäle mit den folgenden Kennzahlen:

Metrisch	Wert
Mobile App-Downloads	Über 500.000 im vierten Quartal 2023
Durchschnittliche App-Bewertung	4.2/5 auf iOS- und Android-Plattformen
Reaktionszeit des Kundensupports	Durchschnittlich 2-4 Stunden an Werktagen

Online-Kontoverwaltungsplattform

Blink Charging bietet eine umfassende Online-Kontoverwaltung mit diesen Funktionen:

• Verfolgung der Verfügbarkeit von Ladestationen in Echtzeit
• Zahlungshistorie und Transaktionsaufzeichnungen
• Schnittstelle zur Mitgliederverwaltung

Kontoverwaltungsstatistik	Menge
Registrierte Benutzerkonten	Ungefähr 250.000 Stand Januar 2024
Monatlich aktive Benutzer	Ungefähr 135.000

Schnittstellen für Selbstbedienungs-Ladestationen

Blink Charging bietet benutzerfreundliche Schnittstellen für alle Ladestationen:

• Zahlungssysteme mit Touchscreen
• Authentifizierung per RFID-Karte
• QR-Code-Scannen für mobile Apps

Schnittstellenfunktion	Bereitstellungsstatistik
Total Ladestationen	Über 82.000 im vierten Quartal 2023
Stationen mit digitalen Schnittstellen	95 % des gesamten Netzwerks

Digitale Kundenbindung durch soziale Medien

Blink Charging unterhält eine aktive Social-Media-Präsenz:

Soziale Plattform	Anzahl der Follower
LinkedIn	42.500 Follower
Twitter	28.700 Follower
Instagram	15.600 Follower

Technischer Support für Ladestationsbenutzer

Umfassende technische Support-Infrastruktur:

Support-Kanal	Verfügbarkeit
Telefonsupport	7:00 - 21:00 Uhr EST, 7 Tage/Woche
E-Mail-Support	Antwort rund um die Uhr innerhalb von 24 Stunden
Durchschnittliche Lösungszeit	Bei technischen Problemen weniger als 48 Stunden

Blink Charging Co. (BLNK) – Geschäftsmodell: Kanäle

Direkter Online-Verkauf über die Website des Unternehmens

Ab dem vierten Quartal 2023 generiert Blink Charging Online-Verkäufe über www.blinkcharger.com mit den folgenden Kennzahlen:

Online-Vertriebskanal	Jahresumsatz	Conversion-Rate
Direkter Website-Verkauf	12,4 Millionen US-Dollar	3.2%
Verkauf von Ladestationen für Elektrofahrzeuge	8,7 Millionen US-Dollar	2.9%

Mobile Anwendung für den Standort und die Bezahlung von Ladestationen

Statistiken zur mobilen App von Blink Network für 2023:

• Gesamtzahl der App-Downloads: 287.000
• Monatlich aktive Benutzer: 94.500
• Zahlungstransaktionen: 1,2 Millionen
• Durchschnittlicher Transaktionswert: 14,30 $

Einzelhandelspartnerschaften mit Automobilhändlern

Kennzahlen zum Händlerpartnerschaftsnetzwerk:

Partnerschaftstyp	Anzahl der Partner	Jahresumsatz
Installationen von Elektroauto-Händlern	423	17,6 Millionen US-Dollar
Flottenmanagement-Partner	186	9,3 Millionen US-Dollar

Direktverkauf von Gewerbe- und Wohnimmobilien

Aufschlüsselung der Immobilieninstallationsverkäufe für 2023:

Immobilientyp	Installationen	Einnahmen
Gewerbeimmobilien	1,247	24,5 Millionen US-Dollar
Wohnimmobilien	876	15,3 Millionen US-Dollar

Digitale Marketing- und Online-Werbeplattformen

Leistungskennzahlen für digitales Marketing:

• Ausgaben für digitale Werbung: 2,1 Millionen US-Dollar
• Google Ads-Conversion-Rate: 4,7 %
• Social-Media-Engagement-Rate: 3,9 %
• Öffnungsrate für E-Mail-Marketing: 22,6 %

Blink Charging Co. (BLNK) – Geschäftsmodell: Kundensegmente

Besitzer von Elektrofahrzeugen

Im vierten Quartal 2023 beliefert Blink Charging rund 650.000 registrierte Elektrofahrzeugfahrer in den Vereinigten Staaten.

Segmentcharakteristik	Metrisch
Gesamtzahl der betreuten Elektrofahrzeugbesitzer	650,000
Durchschnittliche monatlich aktive Benutzer	275,000
Geografische Abdeckung	48 US-Bundesstaaten

Kommerzielle Flottenbetreiber

Blink Charging unterhält Partnerschaften mit über 250 kommerziellen Flottenorganisationen.

Flottentyp	Anzahl der Partnerschaften
Unternehmensflotten	135
Logistikunternehmen	65
Versorgungsflotten	50

Immobilienverwaltungsunternehmen

Blink Charging hat Ladeinfrastruktur in 1.200 Mehrfamilienwohnkomplexen und Gewerbeimmobilien installiert.

• Gesamtzahl der Objekte mit Ladeinfrastruktur: 1.200
• Durchschnittliche Ladestationen pro Objekt: 3,5
• Gesamtzahl der Ladestationen im Immobiliensegment: 4.200

Kommunale und staatliche Organisationen

Blink Charging hat Verträge mit 85 kommunalen und staatlichen Stellen in den Vereinigten Staaten.

Regierungsebene	Anzahl der Verträge
Landesregierung	22
Stadtregierung	53
Bundesbehörden	10

Mitfahr- und Transportdienstleister

Blink Charging unterstützt die Ladeinfrastruktur für 175 Transportdienstleister.

• Mitfahrunternehmen: 95
• Öffentliche Verkehrsbetriebe: 55
• Flughafentransportdienste: 25

Blink Charging Co. (BLNK) – Geschäftsmodell: Kostenstruktur

Forschungs- und Entwicklungskosten

Für das Geschäftsjahr 2023 meldete Blink Charging Forschungs- und Entwicklungskosten in Höhe von 24,3 Millionen US-Dollar, was eine bedeutende Investition in technologische Innovationen für die Ladeinfrastruktur für Elektrofahrzeuge darstellt.

Geschäftsjahr	F&E-Ausgaben	Prozentsatz des Umsatzes
2023	24,3 Millionen US-Dollar	32.4%
2022	19,7 Millionen US-Dollar	28.6%

Herstellung von Ladestationshardware

Die Herstellungskosten für die Ladestationen von Blink umfassen direkte Material- und Produktionskosten.

• Durchschnittliche Herstellungskosten pro Ladestation der Stufe 2: 3.500 $
• Durchschnittliche Herstellungskosten pro DC-Schnellladestation: 45.000 US-Dollar

Installation und Wartung der Netzwerkinfrastruktur

Die Bereitstellung und Wartung der Infrastruktur macht einen erheblichen Teil der Betriebskosten von Blink aus.

Kategorie „Infrastrukturkosten“.	Jährliche Ausgaben
Installationskosten	12,6 Millionen US-Dollar
Netzwerkwartung	8,2 Millionen US-Dollar

Kosten für Marketing und Kundenakquise

Blink Charging investiert erhebliche Ressourcen in das Marketing und die Erweiterung seines Kundenstamms.

• Marketingausgaben für 2023: 7,5 Millionen US-Dollar
• Kundenakquisekosten pro neuem Gewerbekunden: 2.300 $
• Kundenakquisekosten pro neuem Privatkunden: 450 $

Mitarbeitergehälter und Betriebsgemeinkosten

Personal- und Betriebskosten sind entscheidende Bestandteile der Kostenstruktur von Blink.

Ausgabenkategorie	Jährliche Kosten
Gesamtgehälter der Mitarbeiter	32,1 Millionen US-Dollar
Betriebsaufwand	15,6 Millionen US-Dollar
Gesamtbetriebskosten	47,7 Millionen US-Dollar

Blink Charging Co. (BLNK) – Geschäftsmodell: Einnahmequellen

Verkauf von Ladestationshardware

Im Jahr 2023 meldete Blink Charging einen Hardware-Umsatz von 31,4 Millionen US-Dollar. Das Unternehmen verkauft verschiedene Modelle von Ladestationen für Elektrofahrzeuge zu Preisen zwischen 2.000 und 45.000 US-Dollar pro Einheit, je nach Spezifikationen.

Hardware-Produktlinie	Durchschnittlicher Stückpreis	Verkaufsvolumen 2023
Ladegeräte für Privathaushalte	$2,500	4.200 Einheiten
Kommerzielle Ladegeräte der Stufe 2	$15,000	1.800 Einheiten
DC-Schnellladegeräte	$45,000	650 Einheiten

Netzwerknutzungs- und Abrechnungssitzungsgebühren

Blink erwirtschaftete im Jahr 2023 durch die Nutzung des Ladenetzwerks 15,2 Millionen US-Dollar, mit einer durchschnittlichen Gebühr pro Sitzung von 0,35 bis 0,55 US-Dollar, je nach Standort und Stromtarif.

• Gesamtladevorgänge im Jahr 2023: 432.000
• Durchschnittlicher Umsatz pro Ladesitzung: 0,45 $
• Geografische Abdeckung: 48 Bundesstaaten der Vereinigten Staaten

Abonnementbasierte Ladedienste

Der Abonnementumsatz erreichte im Jahr 2023 5,6 Millionen US-Dollar und bietet abgestufte Mitgliedschaftspläne für Vielnutzer von Elektrofahrzeugen.

Abonnementstufe	Monatliche Gebühr	Abonnentenzahl
Basisplan	$9.99	12,500
Premium-Plan	$24.99	6,200
Unternehmensplan	$99.99	850

Installations- und Wartungsverträge

Installations- und Wartungsdienste generierten im Jahr 2023 einen Umsatz von 22,8 Millionen US-Dollar, mit einem durchschnittlichen Vertragswert von 75.000 US-Dollar für kommerzielle Installationen.

• Installationsverträge insgesamt: 305
• Durchschnittliche Wartungsvertragsdauer: 3 Jahre
• Wertspanne für Wartungsverträge: 25.000 bis 150.000 US-Dollar

Regierungs- und Unternehmenspartnerschaftsvereinbarungen

Die Einnahmen aus der Partnerschaft beliefen sich im Jahr 2023 auf insgesamt 41,3 Millionen US-Dollar, einschließlich Verträgen der Bundes- und Landesregierung sowie Projekten zur Elektrifizierung der Unternehmensflotte.

Partnerschaftstyp	Gesamtumsatz	Anzahl der Vereinbarungen
Verträge der Bundesregierung	18,5 Millionen US-Dollar	12
Projekte der Landesregierung	9,7 Millionen US-Dollar	24
Unternehmensflottenpartnerschaften	13,1 Millionen US-Dollar	18

Blink Charging Co. (BLNK) - Canvas Business Model: Value Propositions

You're looking at Blink Charging Co. (BLNK) as it pivots hard toward operational efficiency and recurring revenue streams, which is a key part of its value proposition right now. The focus is clearly shifting from just selling hardware to owning and operating the network that generates predictable income.

The company offers flexibility in how sites get equipped, which is a big draw for property owners. This is structured around a few core deployment options:

• Host-owned: Implies the host takes on the capital expenditure.
• Blink-owned: This model favors recurring revenues, where Blink incurs most costs.
• Hybrid options: Where Blink covers equipment, operations, and administration costs, sharing revenue with the host who makes the site ready.

Blink Charging Co. provides turnkey EV charging solutions designed to fit different site needs. For high-traffic, publicly accessible locations, the Blink Owned Turnkey model is offered, which includes monitoring and maintenance by Blink's 24/7 Network Operations Center (NOC) and driver support teams. Furthermore, they are launching new hardware, like the Shasta L2 chargers, specifically aimed at value segments such as fleet and multifamily properties.

A core value proposition is the shift to recurring, higher-margin charging services and network fees. This strategy is showing results, as third quarter service revenues grew 35.5% year-over-year to $11.9 million in Q3 2025. This growth is directly tied to increased charger utilization and the expansion of the owned and operated network.

The hardware itself is positioned as reliable and networked, covering both Level 2 and DC Fast charging capabilities. The strategic emphasis is on expanding the Blink-owned DC fast charger footprint because that supports the goal of generating predictable recurring cash flow through network fees and charging services.

The most concrete evidence of improved value delivery is the dramatic financial discipline shown in the third quarter of 2025. Management has been aggressively cutting costs, eliminating approximately $13 million of annualized operating expenses year-to-date. This focus on operational leverage is what drove the 87% sequential reduction in operating cash burn, landing at only $2.2 million for Q3 2025-the lowest level in more than three years.

Here's a quick look at the Q3 2025 financial snapshot that underpins this value proposition shift:

Metric	Q3 2025 Value	Context/Comparison
Total Revenues	$27.0 million	Up 7.3% year-over-year
Service Revenues	$11.9 million	Up 35.5% year-over-year
Gross Margin	35.8%	Improved sequentially
Product Gross Margin	~39%	Up approximately 700 basis points year-over-year
Operating Cash Burn	$2.2 million	Reduced 87% sequentially

The pivot to contract manufacturing, while retaining ownership of hardware and firmware design, is intended to maintain this margin profile and reduce overhead. Honestly, seeing the cash burn drop that significantly while service revenue is accelerating is the clearest signal of the intended value being delivered.

Blink Charging Co. (BLNK) - Canvas Business Model: Customer Relationships

You're looking at how Blink Charging Co. keeps its users and site hosts engaged, which is key since their business is shifting heavily toward recurring service revenue. Honestly, the relationship structure has to be layered to handle everyone from a single EV driver to a massive municipal fleet.

Dedicated account management for large Property Partners and fleets.

For your biggest customers-the large Property Partners and fleet operators-Blink Charging Co. assigns dedicated support. This isn't just about selling hardware; it's about managing long-term infrastructure deployment. The recent acquisition of Zemetric, Inc. in July 2025 specifically bolstered their tailored solutions for fleets, multi-family, and commercial applications, suggesting a focus on high-touch service for these complex accounts. A concrete example of a large-scale deployment relationship is the deal to provide 429 charging stations, totaling 723 plugs, for luxury residential properties through Power Design, which speaks to the scale of these partnerships.

Automated self-service via the Blink mobile app for EV drivers.

For the end-user, the relationship is almost entirely automated through the Blink Charging Mobile App, available on iOS and Android. This app is where drivers find chargers using improved search capabilities (by zip-code, city, or address) and handle payments, which eliminates the need for a physical credit card swipe. This self-service model is crucial for scaling without linearly increasing support staff. While we don't have a current active user count for late 2025, the growth in service revenue is a proxy for increased driver engagement; for instance, Service Revenues for the first six months of 2025 hit $22.3 million, a 38% increase year-over-year, showing more drivers are using the network. Also, network fees alone in Q2 2025 rose 55% to $3.0 million.

Long-term, contractual relationships with site hosts.

The stability of the network relies on locking in site hosts with long-term agreements. In the host-owned business model, the agreement with the Property Partner typically lasts seven years, with options for extensions that can stretch that relationship out to 21 years. This long duration is a significant commitment from both sides. Furthermore, securing large, multi-year public sector contracts solidifies this base; for example, the Sourcewell contract awarded in November 2025 is effective through September 18, 2029, and enables over 50,000 government, education, and nonprofit agencies to procure their solutions. It's about securing the real estate for the long haul. That's how you build a defensible network.

Customer support and maintenance services (extended warranty plans).

Beyond the initial sale or hosting agreement, Blink Charging Co. monetizes ongoing support through service offerings. They explicitly offer the Blink Care maintenance program and extended warranties for their chargers and services. The financial contribution from these services falls under Other Revenues, which includes warranty fees. In the second quarter of 2025, Other Revenues reached $2.4 million, up 47.0% year-over-year, suggesting growing uptake in these ancillary services. The focus on recurring revenue streams is clear, with Q2 2025 Service Revenues alone hitting $11.8 million, a 46% jump from Q2 2024.

Here's a quick look at the contractual commitments that underpin these relationships:

Relationship Metric	Data Point	Context/Date
Typical Property Partner Contract Term (Host-Owned)	7 years	As of latest filings (2025)
Maximum Contract Extension	21 years	As of latest filings (2025)
Sourcewell Contract End Date	September 18, 2029	Awarded November 2025
Agencies Enabled by Sourcewell Contract	Over 50,000	Awarded November 2025
Q2 2025 Other Revenues (Includes Warranty Fees)	$2.4 million	Q2 2025 Financials
H1 2025 Other Revenues (Includes Warranty Fees)	$4.2 million	First Six Months of 2025

The company is clearly pushing for stickiness, using long contracts for hosts and an app-centric, service-driven model for drivers. If onboarding takes 14+ days, churn risk rises, so the efficiency of the app is defintely a key operational metric you should watch.

Blink Charging Co. (BLNK) - Canvas Business Model: Channels

You're looking at how Blink Charging Co. gets its charging hardware and services into the hands of EV drivers and site hosts as of late 2025. The channel strategy is clearly bifurcated between direct engagement for large-scale deployments and digital/partner channels for broader reach.

Direct sales force targeting commercial and municipal property owners

The direct sales effort is focused on securing the high-value, often long-term contracts that drive recurring service revenue. This channel is critical for expanding the company-owned network and securing fleet/municipal contracts. The success of this channel is reflected in the overall network growth and service revenue performance.

By the end of Q3 2025, Blink Charging Co. had grown its company-owned charger count to support a record delivery of 49 gigawatt hours (GWh) of energy in that quarter alone, marking a 66% year-over-year increase in energy dispensed. Furthermore, the focus on high-value deployments is evident in the U.S. DC fast charging segment, where revenues increased over threefold compared to Q1 2024. Service Revenues, which are a direct result of these installed assets and network usage, reached $11.9 million in Q3 2025.

Online sales and distribution for residential and small business chargers

While specific revenue breakdowns for purely online residential sales aren't itemized, the product sales channel is clearly undergoing a strategic shift. The company is moving away from purely high-volume product sales toward higher-margin service revenue streams. The company owned 7,091 chargers at the end of Q1 2025. The introduction of the Zemetric acquisition is aimed at filling gaps in the value-priced charger segment for fleet and multifamily customers, with volume production anticipated in October 2025.

Blink mobile app and website for EV driver access and payment

The digital interface is the primary touchpoint for drivers using the network, directly feeding the service revenue stream. The company's overall Service Revenues, which include repeat charging service revenues, grew to $34.2 million for the first three quarters of 2025, a 36.9% increase over the prior year period. This utilization is managed through the proprietary, cloud-based software that operates, maintains, and tracks the charging stations.

Government procurement channels via the Sourcewell contract

This channel streamlines access to the public sector, bypassing lengthy individual procurement processes. Blink Charging Co. secured a significant competitively solicited contract with Sourcewell, effective through September 18, 2029, with options for three one-year extensions. This agreement immediately opens access to procure Blink's solutions for more than 50,000 government, education, and nonprofit agencies. The contract covers both networked and non-networked EV charging hardware, installation, maintenance, and network management software.

Strategic partnerships for co-marketing and deployment

Partnerships are used to accelerate deployment, enhance product offerings, and access specific market segments. The company has established key strategic alliances across numerous location types, including parking facilities, workplaces, schools, and transportation hubs. A notable recent example is the collaboration with Create Energy to launch a turnkey NanoGrid™ solution, which combines energy storage with EV charging infrastructure to enhance reliability. The acquisition of Zemetric, Inc., also represents a strategic move to integrate tailored solutions for fleet and multifamily applications directly into the sales channel.

Here's a quick look at the scale of the service revenue driven through these channels:

Metric	Amount/Rate (Latest Available)	Period/Date
Q3 2025 Total Revenue	$27.0 million	Q3 2025
Q3 2025 Service Revenues	$11.9 million	Q3 2025
Service Revenues YoY Growth	35.5%	Q3 2025
Total Energy Delivered	49 GWh	Q3 2025
Sourcewell Contract End Date	September 18, 2029	Effective Date
Sourcewell Eligible Agencies	50,000+	As of November 2025

The company is defintely prioritizing the recurring revenue channels, as seen by the 35.5% growth in service revenue in Q3 2025, while total revenue was up 7.3%.

Blink Charging Co. (BLNK) - Canvas Business Model: Customer Segments

You're looking at the core groups Blink Charging Co. serves as of late 2025. The focus has clearly shifted to recurring revenue, which means the end-users and site hosts are the most critical segments now.

Commercial Property Owners (retail, hotels, parking lots)

This segment is key to the owner-operator model, which is gaining traction. Blink Charging Co. had 7,091 Blink owned/operated chargers as of the first quarter of 2025, a 22% year-over-year increase in that owned base. Agreements with Property Partners typically last nine years, with extensions possible up to 27 years. The growth in energy disbursed on Blink networks to approximately 49 GWh in the third quarter of 2025 reflects activity across these sites.

Municipalities and Public Sector Entities (government fleets, public parking)

Blink Charging Co. actively pursues federal, state, and international funding opportunities for EV charging infrastructure development in all 50 states. The company completed grant projects in Maryland, New Jersey, Florida, and Delaware, increasing its DCFC footprint along the East Coast. Revenue from Blink owned/operated U.S. DC chargers showed an impressive 341% year-over-year growth in the first quarter of 2025, suggesting strong public sector or high-utilization commercial uptake.

Multi-family Residential and Condo Associations

This segment is explicitly targeted by the solutions from Zemetric, Inc., which Blink Charging Co. acquired subsequent to the second quarter of 2025. As of December 31, 2024, the network included 691 residential chargers deployed on Blink Networks, though this number is likely growing as this segment is a focus area.

EV Drivers (the end-users of the charging service)

These users drive the service revenue. Third quarter 2025 service revenues, which include repeat charging service revenues, hit $11.9 million, marking a 35.5% year-over-year increase. This growth was driven by increased charger utilization. The total energy disbursed on Blink networks in Q3 2025 was approximately 49 GWh.

Commercial Fleets (logistics, ride-share, corporate vehicles)

The Series 9 40kW DC Fast Charger is specifically noted as working ideally for the fleet segment. The acquisition of Zemetric, Inc. post-Q2 2025 also brought tailored solutions for fleets. The growth in DC Fast Chargers on the network is a direct indicator of serving this segment, evidenced by the 341% year-over-year revenue growth from Blink owned/operated U.S. DC chargers in Q1 2025.

Here's a look at the top-line financial performance supporting these segments through the third quarter of 2025:

Metric	Value (Q3 2025)	Comparison/Context
Total Revenues	$27.0 million	7.3% Year-over-Year increase
Service Revenues	$11.9 million	35.5% Year-over-Year growth
Energy Disbursed	~49 GWh	For the third quarter of 2025
Network Fees Revenue	$2.9 million	23% Year-over-Year increase
Blink Owned/Operated Chargers	7,091	As of Q1 2025, a 22% YOY increase

The shift in focus is clear from the revenue mix:

• Service Revenues for the first three quarters of 2025 were $34.2 million, a 36.9% increase over the prior year period.
• Product Revenues for Q3 2025 were $13.035 million, down 3.1% year-over-year.
• The company is actively moving away from product sales toward recurring revenue streams.

The installed base as of the end of 2024 provides context for the network size these segments use:

• Total Contracted, Sold, or Deployed Chargers (as of 12/31/2024): 109,596 units.
• Chargers on Blink Networks (as of 12/31/2024): 87,500 units.
• Level 2 Commercial Chargers on Blink Networks (as of 12/31/2024): 61,625 units.

Finance: draft 13-week cash view by Friday.

Blink Charging Co. (BLNK) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving Blink Charging Co.'s operations as of late 2025. The cost structure is heavily influenced by the physical assets required to run the network and the ongoing effort to streamline overhead.

High capital expenditure for Blink-owned charging equipment deployment represents a significant upfront cost. For the full year 2025, the forecast for Capital Expenditure (CAPEX) stood at approximately $5.249, based on projections available in late 2025. This investment fuels the physical expansion of the Blink-owned asset portfolio, which is critical for growing service revenues.

Network operating costs (software, maintenance, electricity) fall under the broader umbrella of operating expenses. The company has shown significant progress in managing these costs. For the third quarter of 2025, total operating expenses were reported at $9.9 million. However, when adjusting for non-recurring items, the ongoing operational expense base is clearer. Adjusted operating expenses in Q3 2025 were $23.6 million when compared to an adjusted $27.9 million in Q3 2024, excluding certain non-cash charges. Furthermore, the company achieved a sequential reduction in operating cash burn to just $2.2 million in Q3 2025.

The focus on operational efficiency under the BlinkForward initiative has directly impacted overhead. Sales, General, and Administrative (SG&A) expenses, which are part of the total operating expenses, saw substantial cuts. As of September 30, 2025, Blink Charging had eliminated approximately $13 million in annualized operating expenses. This figure exceeded initial expectations for cost reductions set earlier in the year.

Research and Development (R&D) for new hardware and software is embedded within the operating expenses, though specific R&D line-item figures for Q3 2025 aren't explicitly broken out in the latest summaries. The company is still focused on product development, such as progressing toward the launch of the Shasta L2 Charger in Q4 2025.

Cost of Goods Sold (COGS) for hardware sales is managed through a strategic shift. Blink Charging initiated a transition to contract manufacturing to focus on its higher-margin service business. This focus on margin quality is evident in the product segment. The product gross margin for Q3 2025 increased approximately 700 basis points year-over-year to reach 39%. The overall company performance reflects this focus, with the Q3 2025 gross margin improving sequentially to 35.8%.

Here's a quick look at the key cost and margin metrics from the third quarter of 2025:

Metric	Amount (Q3 2025)	Context/Comparison
Total Revenues	$27.0 million	Up 7.3% Year-over-Year (YOY)
Gross Profit	$9.7 million	35.8% Gross Margin
Product Revenues	$13.035 million	Down 3.1% YOY
Product Gross Margin	39%	Up approximately 700 basis points YOY
Service Revenues	$11.863 million	Up 35.5% YOY
Reported Operating Expenses	$9.9 million	Compared to $97.3 million in Q3 2024
Adjusted Operating Expenses	$23.6 million	Compared to $27.9 million in Q3 2024 (excluding non-cash charges)
Operating Cash Burn	$2.2 million	87% reduction sequentially

The cost control efforts are clearly driving better unit economics, even if overall revenue growth is slower than some analysts hoped for. You can see the impact in the sequential improvements:

• Annualized operating expense savings achieved: $13 million.
• Sequential reduction in operating expenses (adjusted): 15%.
• Year-over-year reduction in operating expenses (adjusted): 26%.
• Non-recurring operating expenses incurred in Q3 2025: $3.0 million (not expected to reoccur).

Finance: draft 13-week cash view by Friday.

Blink Charging Co. (BLNK) - Canvas Business Model: Revenue Streams

You're looking at how Blink Charging Co. actually brings in the money, which is key to understanding their valuation right now. The revenue mix is definitely shifting, moving away from just selling boxes to making money from the service side. For the third quarter of 2025, the top-line breakdown looked like this, showing a clear pivot to recurring streams.

Revenue Category	Q3 2025 Amount (Millions USD)
Service Revenues	$11.9
Product Revenues	$13.0
Other Revenues	$2.1
Total Revenues	$27.0

Service Revenues, which hit $11.9 million in Q3 2025, are the focus for future stability. This stream includes repeat charging service revenues and, importantly, recurring network fees from host-owned chargers. That service revenue number was up 35.5% year-over-year, showing the utilization of their growing network is paying off. The energy disbursed on Blink networks in that quarter was approximately 49 GWh, which helps drive those service dollars.

Product Revenues, coming in at $13.0 million for the third quarter of 2025, actually saw a slight dip of 3.1% year-over-year. This is intentional, as management has been selective about projects to improve profitability, especially after initiating a transition to contract manufacturing. The product gross margin, however, improved by approximately 700 basis points year-over-year, reaching about 39%, which is what you want to see when product sales are being managed more tightly.

Other Revenues, which totaled $2.1 million in Q3 2025, were down from the prior year's comparable period. This category covers things like grants, rebates, and warranty fees. The decrease was partly due to a change in how warranty sales are recognized after outsourcing the extended warranty program to a third party at the start of the year, so you record only the net revenue now, not the full prior amount.

Looking at the full picture, the Company expects total revenue for the full-year 2025 to land around $113.8 million. That projection reflects the ongoing transformation toward a leaner, service-driven model, even with some project timing shifts noted in Europe for the quarter. It's a clear signal that the focus is on margin quality over sheer volume.

Finance: draft 13-week cash view by Friday.