Blink Charging to supply EV charging stations to GM dealers in U.S. and Canada

Blink Charging Co. /zigman2/quotes/205311237/composite BLNK +1.34% said Tuesday it was supplying its IQ 200 level 2 electric vehicle charging stations to participating General Motors Co. /zigman2/quotes/205226835/composite GM +1.69% dealerships in the U.S and Canada. The EV charging station provider's stock rose 0.7% in morning trading, erasing earlier loss of as much as 2.4%, while GM shares sank 3.2%. Blink said it has already shipped chargers to GM dealerships in 50 U.S. states and has orders to supply GM dealer in the U.S. and Canada with additional charging stations in the U.S. and Canada over the next several months. Bling's stock has lost about 18% over the past three months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.86% has gained 2.7%.

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Blink Charging Co.

US : U.S.: Nasdaq

$ 15.18

+0.20 +1.34%

Volume: 653,138

May 23, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$640.27 million

Rev. per Employee

$143,976

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General Motors Co.

US : U.S.: NYSE

$ 36.00

+0.60 +1.69%

Volume: 19.96M

May 23, 2022 4:00p

P/E Ratio

5.98

Dividend Yield

0.00%

Market Cap

$51.61 billion

Rev. per Employee

$831,267

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S&P 500 Index

US : S&P US

3,973.75

+72.39 +1.86%

Volume: 2.39B

May 23, 2022 5:43p