Electric vehicles (EV) charging equipment and services provider Blink Charging Co. (BLNK) recently announced the deployment of 27 charging stations across Traverse City in Michigan in collaboration with Traverse City Light & Power, a community-focused municipal utility. Following the news, shares of the company appreciated 2.1% in Friday‘s trading session. It pared its gains slightly in extended trade to close at $31.18. The partnership is in line with Traverse City Light & Power’s efforts to reduce the city’s carbon footprint. Further, the program is funded in part by a grant from the Michigan Department of Environment, Great Lakes, and Energy (EGLE).
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Blink Charging (NASDAQ:BLNK)
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