Blink Partners with Korian to Expand EV Charging Network in Belgium

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: 13 hours ago

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Source: Newsfilter

Charging Network Expansion: Blink Charging Co. plans to deploy over 200 EV chargers across 90 Korian locations in Belgium, establishing one of the largest charging networks in the elderly care sector, with most installations expected by the end of 2026, significantly enhancing charging convenience for EV users.
No Upfront Cost Model: By choosing Blink's fully financed investment model, Korian enables rapid expansion of sustainable mobility at its sites, reducing initial investment risks while generating an additional recurring income stream for Korian.
Smart Charging Technology: Blink's network will provide 24/7 customer support and seamless user authentication, aiming to deliver a high-quality charging experience for EV drivers, further promoting the adoption and use of electric vehicles.
Strengthening Corporate Social Responsibility: Korian CEO Dominiek Beelen stated that partnering with Blink not only reinforces their corporate social responsibility strategy but also enhances their mission to provide convenience for employees and families, demonstrating a commitment to sustainability and accessibility goals.

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About BLNK

Blink Charging Co., through its wholly owned subsidiaries, is a manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and networked EV charging services. It offers residential and commercial EV charging equipment and services, enabling EV drivers to recharge at various location types. Its principal line of products and services is its nationwide Blink EV charging networks (the Blink Networks) and Blink EV charging equipment, also known as electric vehicle supply equipment (EVSE), and other EV-related services. The Blink Networks is a proprietary, cloud-based system that operates, maintains and manages Blink charging stations and handles the associated charging data, back-end operations and payment processing. The Blink Networks provide property owners, managers, parking companies, state and municipal entities, and other types of commercial customers with cloud-based services that enable the remote monitoring and management of EV charging stations.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Blink Charging Partners with Korian Belgium to Expand EV Charging Network

11 hours agoBenzinga

Charging Network Expansion: Blink Charging has partnered with Korian Belgium to deploy over 200 chargers across 90 locations, establishing one of the largest EV charging networks in Belgium's elderly care sector.
Innovative Financing Model: The project utilizes Blink's fully financed model, allowing Korian to expand EV infrastructure without upfront costs while generating recurring revenue from the charging stations, thereby mitigating financial risks.
Phased Implementation Plan: Three charging stations are already operational, with a broader rollout expected to continue in phases through 2026, enhancing Korian's market position in the EV charging sector.
Future Outlook: Blink Charging plans a similar deployment at Korian locations in the Netherlands, demonstrating its intent to expand in the European market while providing convenient charging services for employees, residents, and visitors.