Sat, 28 Nov 2020

CHICAGO, IL., October 20, 2020 - Water Tower Research has published an Initiation of Coverage Report on Blink Charging (NASDAQ: BLNK). The report focuses on the company's key drivers, milestones, obstacles and opportunities, and industry megatrends.

"Blink operates in the high-growth EV charging market, the backbone infrastructure critical for broader adoption of EVs. An early mover, coupled with end-to-end EV charging solutions, provides the company with a competitive advantage over many competitors focused on either selling hardware or support drivers with an EV charging network," said Shawn Severson, Co-Founder of Water Tower Research and Head of Sustainable Investing and BioEconomy Research. "The major benefit of Blink's ownership of the equipment is that it enables the company to take advantage of the significant increase in the utilization rate of the equipment, as more EVs are in operation versus simply representing a one-time equipment sale. Recent partnerships with Envoy Technologies, Cushman & Wakefield, and SemaConnect should expand Blink's network and further facilitate affordability/connectivity."

Mr. Severson continued, "Key catalysts and milestones to monitor include network expansion opportunities through JVs and long-term partnership agreements, additional charger deployments with Envoy Technologies, and additional geographic expansion. There is also the opportunity to grow the Blink Network and to potentially pursue avenues of monetizing that asset, in addition to partnering with automotive OEMs to expand into dealerships and packaged sales of chargers with vehicles. Some of the key risks remain slower demand due to COVID and the company's lack of profitability. The sector is also becoming increasingly competitive as other entities look to capitalize on this high growth segment of the EV market."

The full report can be downloaded HERE.

About Water Tower Research

At Water Tower Research, our mission is to bridge the information gap between companies and investors while reaching a much broader and diverse group of investors compared to the traditional and challenged equity research model. We provide "Research for the Other 99%®" on a platform powered by Wall Street veterans that are knowledgeable and experienced to help investors understand key strategies, industries, technologies, and drivers impacting the companies we cover as well as their peers. Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, in addition to innovative and proactive products and digital strategies, providing valuable and consistent information flow. Please see the disclosure HERE.

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See Campaign: http://watertowerresearch.comContact Information:Shawn Severson

President & Co-Founder

Head of Sustainable Investing and BioEconomy Research

Water Tower Research LLC

www.watertowerresearch.com

Phone: (312) 283-7534Tags:, IPS, Reportedtimes, Financial Content, Google News, iCN Internal Distribution, Extended Distribution, Englishimage

Contact Information:

Shawn Severson

President & Co-Founder

Head of Sustainable Investing and BioEconomy Research

Water Tower Research LLC

www.watertowerresearch.com

Phone: (312) 283-7534

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