Blink Charging (BLNK) said Tuesday it will provide 50 electric vehicle chargers for Porsche's Destination Charging program in Mexico, installing them at hotels, retail sites, and restaurants.
Financial terms weren't provided.
The company said it will own, operate, and maintain the chargers as part of its expansion in Mexico.
Clients of Porsche's Destination program will receive free charging at these stations and discounts at other Blink locations while participating businesses will get a share of the charging revenue, Blink said.
The company said the chargers will be available starting this month.
Shares of Blink were down 3.8% in recent Tuesday trading.
Price: 1.01, Change: -0.04, Percent Change: -3.81
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.