Blink Charging Co. (NAS:BLNK) said Tuesday it was supplying its IQ 200 level 2 electric vehicle charging stations to participating General Motors Co. (NYS:GM) 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 (S&P:SPX) has gained 2.7%.
Jan. 18, 2022, 9:44 a.m. EST