EV Charging Stations

deployed by Blink since its founding in 2009



Blink has 190,000+ registered commercial, municipal, and retail partners



in EV charger sales revenue, 2016 - 2020

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The Path to Drawdown: Electric Vehicle Chargers

Internal combustion engine vehicles still dominate transportation today, but electric vehicles (EVs) are about to transform that landscape. According to the IEA, there are now 11 million electric passenger cars and vans on the road, thanks to supportive policies and falling costs.

The difference in impact on the climate is striking. Compared to petroleum-based vehicles, CO2 emissions drop by 50% if an EV’s electricity comes from the conventional grid. If powered by solar energy, emissions are cut by 95%. Once households purchase EVs, the operating costs for those cars are often lower than gas-based cars, too.

But just as ubiquitous gas stations enable internal combustion engines, one critical factor for EVs to become the primary transportation method is a wider adoption of EV charging infrastructure. While most EV charging is done at home and work today, publicly accessible charging needs to be rolled out to encourage households without access to private chargers to opt for EVs.

For now, the ratio of chargers to EVs is far lower than it needs to be in most countries, with the US near the bottom of the ranking among developed countries at 0.06 chargers per EV. Companies and governments around the world are currently implementing policies and incentive programs to expand EV infrastructure networks.

To achieve an all-electric transport sector in line with keeping global warming under 1.5ºC of warming, the IEA projects a dramatic increase in the number of EV chargers globally between now and 2030:

  • <::marker> There were 10.3 million EV chargers in 2020
  • <::marker> There need to be 215.2 million chargers by 2030
  • <::marker> 35.5% CAGR between 2020 and 2030

What We Want to See Improve

Expand Faster

We applaud Blink’s recent efforts to expand through acquisitions. We look forward to a continuing and aggressive stance to expand EV charging deployment through additional acquisitions, accelerated production, and more proactive sales and partnerships.

Roll Out DC Fast Charging Technology

In 2019, Blink launched a joint-R&D of fast chargers with battery storage, which can be deployed anywhere, regardless of the location’s existing power grid capabilities. Blink is aiming for this technology to be chemical-free, environmentally friendly, and able to complete a full charging cycle within just twenty minutes. This would be a major advance of the Drawdown solution of EV charging, and we urge Blink to bring it to market on a large scale as soon as possible.

Set Clear Sustainability Targets

Blink’s business clearly advances the proliferation of EV charging, and therefore the electrification of transportation. Yet we know very little about the direct and indirect carbon footprint of Blink’s operations and distributions, or whether Blink is making an active effort to reduce their footprint. We would like to see Blink set clear targets for reducing GHG emissions by concrete dates, along with explicit metrics that allow investors to hold it accountable.

Related EV Charging Station Stocks in the Climate Index

View All Climate Index Stocks →

Allocated Company Description


ChargePoint Holdings, Inc. (CHPT)

ChargePoint offers EV charging solutions that integrate with their cloud services to businesses, fleets, and drivers. They’re making EVs more attractive


Blink Charging Co. (BLNK)

Blink makes public EV charging equipment and software that lets drivers to easily recharge their EVs. Charging stations are key for electrifying transport.


Ideanomics, Inc. (IDEX)

Ideanomics makes commercial EVs, e-bikes and e-scooters, electric tractors, batteries and charging systems. All are critical in electrifying transport


Beam Global (BEEM)

Beam Global makes solar-powered EV charging stations for passenger and commercial vehicles. EV charging stations help make EVs more appealing


Nuvve Holding Corp. (NVVE)

Nuvve offers a platform that lets EV batteries store and resell energy back to the electric grid. They make EVs more attractive

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