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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Blink Charging Teams Up With Axxeltrova To Scale UK EV Charging

Blink Charging Co.

Blink Charging Co. (NASDAQ:BLNK) shares climbed on Thursday after the electric vehicle (EV) charging firm revealed a key development to bolster its U.K. expansion efforts.

On June 20, the company signed a non-binding term sheet to establish a 100 million pounds (~$135.629 million) Special Purpose Vehicle in partnership with private equity firm Axxeltrova.

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