SG Blocks (NASDAQ: SGBX) and Blink Charging (NASDAQ: BLNK) have announced an exclusive master development and production agreement…
The deal will see Blink’s charging solutions deployed with SG Blocks’ container-based building structures to provide off-grid charging solutions via solar and battery components.
“By deploying our leading EV charging technology in SG Blocks’ modular structures, Blink expects to be able to greatly increase our geographic footprint supporting the growing number of electric vehicles and the need for increased charging locations,” said Michael D. Farkas, Founder and CEO of Blink.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
In the companies press release, they said that they plan to co-develop 20 feet and 40 feet solar-powered containers with Blink’s IQ 200 and DCFC charging stations.
“We are excited to partner with Blink to provide a rapid, clean, and durable solution that facilitates Blink’s growth in the EV charging market,” said Paul M. Galvin, Chairman and CEO of SG Blocks.
SG Blocks stock price has jumped on the news, currently trading at $4.11 after rallying 103% premarket on Friday. Blink Charging shares have also moved higher, up 5.35% to $9.85 after closing the previous day’s session at $9.35.
PEOPLE WHO READ THIS ALSO VIEWED:
