Blink Charging emphasizes state funding over government subsidies

Blink Charging Co. held its 37th Annual Roth Conference on March 17, 2025, with CEO Michael Battaglia presenting. The conference focused on the state of electric vehicle (EV) funding and the company's business strategy. Craig Irwin from ROTH Capital Partners hosted the call. He noted that there is skepticism in the EV market, especially regarding government subsidies. However, he emphasized that state-level funding in places like California, New York, and New Jersey is often overlooked. These programs provide significant subsidies that can support businesses like Blink. Battaglia replied that while funding is beneficial, Blink does not rely on subsidies to operate. He stated that the company focuses on its commercial viability. Battaglia acknowledged that funding can lower capital expenses and accelerate infrastructure development. He mentioned that many funding opportunities currently originate from major utility companies and highlighted the importance of these resources to their growth plan.