Blink Charging launches Shasta Level 2 EV chargers for multifamily and fleet use, offering scalable, cost-effective charging solutions.
Quiver AI Summary
Blink Charging Co. has announced the launch of its new Shasta line of Level 2 EV chargers, specifically designed for multifamily and fleet applications. This new product line includes the Shasta 48 and Shasta 80 models, which provide cost-effective, single-port charging solutions that can be easily deployed at scale. Developed following Blink's acquisition of Zemetric, these chargers integrate seamlessly with Blink's existing charging ecosystem and feature advanced capabilities such as environmental sensors and remote management. With power outputs of up to 11.5kW for the Shasta 48 and 19.2kW for the Shasta 80, these chargers cater to diverse charging needs. Shipments are expected to start in late November, reflecting Blink's commitment to expanding its product offerings to better serve the EV market.
Potential Positives
- Launch of the Shasta chargers expands Blink's portfolio of Level 2 EV charging solutions, offering cost-effective options tailored for multifamily and fleet applications.
- Shasta chargers integrate environmental sensors, tamper alerts, and remote management capabilities, enhancing safety, durability, and operational efficiency.
- Timely shipment schedule beginning in late November positions Blink to meet growing demand in the EV charging market.
- The introduction of Shasta chargers reinforces Blink's commitment to delivering tailored solutions that align with customer needs and market dynamics.
Potential Negatives
- The announcement relies heavily on forward-looking statements, which include a disclaimer that actual results may differ materially from projections, potentially indicating uncertainty in the company's future performance.
- The focus on the functionality of Shasta chargers may emphasize the need to enhance their product offerings in a competitive EV charging market, which might raise concerns about the adequacy of their existing products.
- The press release does not disclose any details about the financial impact of the new products, leading to questions about the profitability and overall viability of this expansion strategy.
FAQ
What are the new Shasta chargers from Blink Charging?
The Shasta chargers are Level 2 EV chargers specifically designed for multifamily and fleet applications, offering scalable, cost-effective options.
When will the Shasta chargers be available for shipment?
Shipments of the Shasta chargers are slated to begin in late November 2025.
What features do the Shasta 48 and Shasta 80 models include?
Both models feature environmental sensors, tamper alerts, and remote management capabilities for enhanced safety and operational efficiency.
How do Shasta chargers support fleet and multifamily operators?
Shasta chargers help manage usage, monitor performance, and scale deployments, ensuring reliable charging solutions at an accessible price point.
What is Blink Charging’s commitment to the EV market?
Blink Charging is committed to expanding product offerings tailored to customer needs while enhancing accessibility and efficiency in the EV landscape.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BLNK Insider Trading Activity
$BLNK insiders have traded $BLNK stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BLNK stock by insiders over the last 6 months:
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$BLNK Analyst Ratings
Wall Street analysts have issued reports on $BLNK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
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- HC Wainwright & Co. issued a "Buy" rating on 08/19/2025
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Full Release
Affordable, Scalable, and Purpose-Built Blink Shasta Delivers Streamlined Charging for Multifamily and Fleet Operators Without Compromising Value
Bowie, Md., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced the launch of the Company’s Shasta chargers, a line of Level 2 (L2) EV chargers tailored specifically for multifamily and fleet applications.
The Shasta introduces streamlined, single-port charging solutions, including the Shasta 48 and Shasta 80 models, expanding Blink’s portfolio of L2 solutions with cost-effective options designed for scalable deployment. Originally developed through Blink’s acquisition of Zemetric, these chargers now join Blink’s product family, integrating seamlessly into the Company’s broader charging ecosystem with flexible installation and intelligent software capabilities.
“This is a focused launch designed to meet the specific needs of multifamily and fleet customers who require reliable, scalable charging at an accessible price point,” said Mike Battaglia, President and CEO of Blink Charging. “These Shasta chargers complement our existing L2 offerings and reinforce our commitment to delivering tailored solutions across the EV landscape.”
Both Shasta models feature environmental sensors, tamper alerts, and remote management capabilities, supporting Blink’s commitment to safety, durability, and operational efficiency. Shasta 48 delivers up to 11.5kW, while the Shasta 80 supports up to 19.2kW, making them suitable for locations with varied dwell times and power availability.
With shipments slated to begin in late November, the chargers are designed to work seamlessly within Blink’s network, helping fleet and multifamily operators manage usage, monitor performance, and scale deployments with confidence. This launch reflects Blink’s continued focus on product expansion and delivering solutions that align with customer needs and market dynamics.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit https://blinkcharging.com/
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Blink Investor Relations Contact
Vitalie Stelea
[email protected]
Blink Media Contact
Felicitas Massa
[email protected]