What changed in this filing

/stocks — the workspaceLOADING

Item 1. Business

2022-03-16 compared with 2021-03-31 · 442 added, 421 removed, 62 unchanged (93% of the section changed)

Charging Co., through its wholly-owned subsidiaries, is a leading owner, operator, and supplier of electric vehicle (“EV”)

charging equipment and networked EV charging services.

Blink serves both commercial and residential EV charging settings, enabling

EV drivers to recharge at various location types easily.

At Blink, we are dedicated to slowing climate change by reducing greenhouse

gas emissions caused by transportation.

Blink’s

principal line of products and services is its Blink EV charging network (the “Blink Network”) and Blink EV charging

equipment, also known as electric vehicle supply equipment (“EVSE”) and other EV-related services.

Charging Co., through its wholly-owned subsidiaries, is a leading owner, operator, and provider of electric vehicle (“EV”)

charging equipment and networked EV charging services in the rapidly growing U.S.

and international markets for EVs.

Blink offers residential

and commercial EV charging equipment and services, enabling EV drivers to recharge at various location types.

Blink’s principal

line of products and services includes its nationwide Blink EV charging network (the “Blink Network”) and Blink EV

charging equipment, also known as electric vehicle supply equipment (“EVSE”), and other EV-related services.

The Blink Network

is a proprietary, cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated

charging data, back-end operations, and payment processing.

The Blink Network provides property owners, managers, parking companies,

and state and municipal entities (“Property Partners”) with cloud-based services that enable the remote monitoring

and management of EV charging stations.

The Blink Network also provides EV drivers with vital station information, including station

location, availability, and any fees (if applicable).

Blink offers Property Partners a range of business models for EV charging

equipment and services that generally fall into one of the business models below, differentiated by who bears the costs of installation,

equipment, maintenance, and the percentage of revenue shared (as applicable).

our Blink-owned turnkey business model, Blink incurs the costs of the charging equipment and installation, as well as maintenance.

We own and operate the EV charging station and provide connectivity of the charging station to the Blink Network.

model, Blink retains substantially all EV charging revenues after deducting network connectivity and processing fees.

is a proprietary, cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated charging

data, back-end operations, and payment processing.

The Blink Network provides property owners, managers, parking companies, and state

and municipal entities (“Property Partners”), among other types of commercial customers, with cloud-based services that enable

the remote monitoring and management of EV charging stations.

The Blink Network also provides EV drivers with vital station information,

including station location, availability, and fees (if applicable).

order to capture more revenues derived from providing EV charging equipment to commercial customers and to help differentiate Blink in

the EV infrastructure market, Blink offers Property Partners a comprehensive range of solutions for EV charging equipment and services

that generally fall into one of the business models below, differentiated by who bears the costs of installation, equipment, maintenance,

and the percentage of revenue shared.

our Blink-owned turnkey business model , Blink incurs the costs of the charging equipment and installation.

We own and operate

the EV charging station and provide connectivity of the charging station to the Blink Network.

In this model, which favors recurring

revenues, Blink incurs most costs associated with the EV charging stations;

thus, Blink retains substantially all EV charging revenues

after deducting network connectivity and processing fees.

our Blink-owned hybrid business model , Blink incurs the costs of the charging equipment while the Property Partner incurs

the costs of installation costs, as well as ongoing maintenance.

We own and operate the EV charging station and provide connectivity

of the charging station to the Blink Network.

the costs of installation.

We own and operate the EV charging station and provide connectivity of the charging station to the Blink

In this model, the Property Partner incurs the installation costs associated

with the EV stations;

accordingly, here, Blink shares a more generous portion of the EV charging revenues with the Property

Partner generated from the EV charging station after deducting Blink’s charges for network connectivity and processing

with the EV station;

thus, Blink shares a more generous portion of the EV charging revenues with the Property Partner after

deducting network connectivity and processing fees.

our host-owned business model , the Property Partner purchases, owns and operates the Blink EV charging station and incurs

the installation and maintenance costs.

Blink works with the Property Partner, providing site recommendations, connectivity

to the Blink Network, payment processing, and optional maintenance services.

In this model, the Property Partner retains and

keeps all the EV charging revenues after payment for network connectivity and processing fees.

the installation costs.

Blink works with the Property Partner, providing site recommendations, connectivity to the Blink Network,

payment processing, and optional maintenance services.

In this model, the Property Partner retains and keeps all the EV charging

revenues after deducting network connectivity and processing fees.

our Blink-as-a-Service model , Blink owns and operates the EV charging station, while the Property Partner incurs the installation

The Property Partner pays to Blink a fixed monthly fee and keeps all the EV charging revenues after deducting Blink’s

charges for network connectivity and processing fees.

have strategic partnerships across numerous transit/destination locations, including airports, auto dealers, healthcare/medical,

hotels, mixed-use, municipal sites, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions,

restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

2020, Blink saw a significant increase in agreements with healthcare providers, including an agreement with Lehigh Valley Health

Network in Pennsylvania to make EV charging stations available to the medical staff, patients, and visitors of Lehigh Valley Health

In December 2020, Blink signed an exclusive long-term agreement with Blessing Health System and an add-on agreement with

Luke’s University Healthcare in Pennsylvania.

2020, Blink announced three new products and accessories for our innovative IQ 200 charging station.

These products included a

pole mounting kit, cable management solution, the IQ 250-EU European-focused charger.

Additionally, Blink was the first to the

market to deploy a portable emergency EV charger.

also significantly invested in technology, updating the Blink Network and associated product technology, specifically, including

OpenADR 2.0 and implementing local load management.

Further, we overhauled our website and mobile app with a streamlined, modern,

and intuitive design.

We launched research and development of fast charging with battery storage with Chakratec after being awarded

the BIRD grant in 2019.

We undertook continued utilization of the patented inductive/wireless charging bumper and entered into

a strategic master development and production agreement with SG Blocks to design and bring to market solar, off-grid, modular

EV charging solutions.

2020, Blink grew its number of strategic partnerships in the U.S.

and globally.

Blink expanded its Property Partners portfolio with an

agreement with Cushman and Wakefield, Envoy Technologies, and Enersys.

Additionally, our international business grew with sales of EV

charging infrastructure in the Dominican Republic.

Also, Blink signed an agreement with Migdal Insurance to deploy EV charging stations

Blink Charging Hellas (an affiliated company) announced a partnership with Nissan Nik.

Theocharakis S.A.

Greece’s EV charging infrastructure.

Blink continues to grow its network and brand, both domestically and internationally.

of December 31, 2020, Blink deployed 16,617 charging stations, of which 7,062 were on the Blink Network (consisting of 4,348 Level

2 publicly accessible commercial charging units;

1,404 Level 2 private commercial charging units;

120 DC Fast Charging EV publicly

accessible chargers;

14 DC Fast Charging EV private chargers, and 1,176 residential Level 2 Blink EV charging units).

The remaining

are non-networked, on other networks or international sales or deployments (228 Level 2 commercial charging units, 8,773 residential

Level 2 Blink EV charging stations, 521 sold internationally, and 33 deployed internationally).

The Property Partner pays to Blink a fixed monthly fee and keeps all the EV charging revenues after deducting network connectivity and processing fees

also operates a ride-sharing program through the Company’s wholly owned subsidiary, BlueLA Rideshare, LLC (“BlueLA”)

and the City of Los Angeles which allows customers the ability to rent electric vehicles through a subscription service.

part of Blink’s mission to facilitate the adoption of EVs through the deployment and operation of EV charging infrastructure

globally, we are dedicated to slowing climate change by reducing greenhouse gas emissions caused by road vehicles.

With the goal of leading

the build out of EV charging infrastructure and of maximizing Blink’s share of the EV charging market, we have established strategic

commercial, municipal and retail partnerships across industry verticals and encompassing numerous transit/destination locations, including

airports, auto dealers, healthcare/medical, hotels, mixed-use, municipal sites, multifamily residential and condos, parks and recreation

areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation

hubs, and workplace locations.

2021, Blink was awarded several new prominent customers including General Motors, Ford, Jaguar-Land Rover, Hyundai, Kia, Subaru, AutoNation,

Berkshire-Hathaway Automotive, Bridgestone, the City of San Antonio, the Related Group, and others.

During 2020, Blink awarded several

new prominent customers, including Cushman & Wakefield, Reef Technology, Lehigh Valley Health, St.

Luke’s University Health

Network, Lion Electric, and several others that expand Blink’s potential for unit sales and deployments.

Commensurate with these

new business relationships, we also forged critical strategic relationships with organizations that directly or indirectly influence

EV charging stations purchase decisions.

Examples include Sustainable Westchester in New York and Clean Cities Organizations in Virginia,

Vermont and Ohio.

2021, Blink opened a new office in Noida, India, adjacent to New Delhi.

The new office adds to the Company’s expanding U.S.

to develop and innovate new software capabilities to better meet the needs of an evolving EV charging landscape, while also serving as

a key hub for operations serving the Asia Pacific and Middle East regions.

The new office in India is the first within the country for

Blink and is part of the Company’s strategic goal to grow the global engineering team and develop an operational hub to facilitate

expansion into new international regions.

of December 31, 2021, since our inception and excluding Blue Corner, we sold, deployed or acquired through acquisitions 20,684 chargers,

of which, 7,366 were connected to the Blink Network (4,611 Level 2 publicly accessible commercial chargers, 1,536 Level 2 private commercial

chargers, 91 DC Fast Charging EV publicly accessible chargers, 34 DC Fast Charging EV private chargers, and 1,095 residential Level 2

Blink EV chargers), 920 Level 2 chargers and 45 DC Fast Chargers are pending to be commissioned to the Blink Network, and the remaining

12,353 were non-networked, on other networks or international sales or deployments (159 Level 2 commercial chargers, 6 DC Fast Charging

chargers, 10,099 residential Level 2 Blink EV chargers, 1,034 sold to other US networks, 990 sold internationally and 64 deployed internationally).

addition, as of February 3, 2022, since its inception, our recently acquired subsidiary, Blue Corner, sold or deployed 11,677 independent

charge points, all of which were on Blue Corner’s network, which was comprised of 4,566 Level 2 publicly accessible commercial

independent charge points, 19 DC Fast Charging publicly assessable commercial independent charge points and 7,092 private L2, private

DC Fast Charging and private residential independent charge points.

The charger units reported herein are net of swap-out or replacement

market for plug-in electric vehicles experienced significant growth in recent years.

In response to consumer demands, electric

cars now feature extended ranges, and improved performance.

In response to consumer demands, electric cars now

feature extended ranges and improved performance.

Notable events in 2020 further propelled the EV industry.

orders and the resulting reductions in global carbon dioxide emissions showcased the potential of cleaner, lower-emission air

quality worldwide.

Battery technology advances have allowed EVs to achieve approximate cost parity with internal combustion engine

Finally, the new United States administration’s focus on climate initiatives and its large-scale commitment to

expanding EV charging infrastructure has spurred widespread interest and promotion of the EV industry.

vehicle demand has also been spurred by federal, state, and local incentives and rebates for both vehicles and their required

charging infrastructure.

For example, California, Oregon, New York, Maryland, Massachusetts, and other states have created mandates

for EVs to achieve more than 6.8 million EVs on the road by 2030.

Further, a shift towards EV car-sharing has boosted demand for

EV fleets, leading to increased EV charging station needs.

In response to consumer demand and governmental regulations, major

automakers and OEMs have accelerated the development and production of a diverse EV model lineup.

More than seventy EV models

are currently available from automakers such as Tesla, Nissan, Kia, GM, Ford, Fiat, BMW, Mercedes-Benz, Audi, Volkswagen, Toyota,

Mitsubishi, Land Rover, and Porsche.

According to 2020 J.P.

Morgan global research, global sales of plug-in electric vehicles

are estimated to grow to 8.4 million units, or 7.7% of all vehicles sold, by 2025.

to Meticulous Research®, an independent market research firm, the electric vehicle charging stations market is forecasted

to reach $29.7 billion by 2027.

In its analysis, the industry is expected to grow at a compound annual growth rate of 39.8% from

Stay-at-home orders and the

resulting reductions in global carbon dioxide emissions showcased the potential of cleaner, lower-emission air quality worldwide.

technology advances have allowed EVs to achieve approximate cost parity with internal combustion engine vehicles and have extended

driving range and consumer confidence.

Finally, the new United States administration’s focus on climate initiatives and its large-scale

commitment to expanding EV charging infrastructure has spurred widespread interest and promotion of the EV industry.

vehicle demand has also been spurred by federal, state, and local incentives and rebates for both vehicles and their required charging

infrastructure.

For example, California, Oregon, New York, Maryland, Massachusetts, and other states have created mandates for EVs

to achieve more than 6.8 million EVs on the road by 2030.

Further, a shift towards EV car-sharing has boosted the transition

to EV fleets, leading to increased EV charging station demand.

In response to consumer demand and governmental regulations, major automakers

and OEMs have accelerated the development and production of a robust portfolio of electric vehicles.

More than 70 EV models are currently

available from automakers such as Tesla, Nissan, Kia, GM, Ford, Fiat, BMW, Mercedes-Benz, Audi, Volkswagen, Toyota, Mitsubishi, Land

Rover, and Porsche and an estimated 62 more are scheduled to become available in 2022.

The International Energy Agency projects

global EV sales to grow from 3 million vehicles in 2020 to about 25 million vehicles in 2030, a 24 percent compound

annual growth rate (“CAGR”) over this time period.

market demands well position Blink for rapid growth in its EV charging network, the number of its members, and its site host property

Partners’

We have been preparing for this high-growth environment through its initiatives, including securing

large national and international strategic partnerships and agreements, and further developing the Company’s technology.

These strategic actions will help ensure the Company is well positioned to meet the growing infrastructure demand in the United

States and globally.

In addition to meeting the required demand for EV charging infrastructure, Blink’s unique, owner-operator

focused business models help the Company significantly benefit from increased utilization as the industry expands through revenue

share at Blink-owned charging stations.

partners’ expansion.

Blink has been preparing for this high-growth environment through its planning initiatives, including securing

large national and international strategic partnerships and agreements, and further developing the Company’s technology.

strategic actions will help ensure the Company is well positioned to meet the growing infrastructure demand both in the United States

and globally.

In addition to meeting the required demand for EV charging infrastructure, Blink’s unique, owner-operator focused

business models help the Company significantly benefit from increased utilization as the industry expands through revenue share at Blink-owned

charging stations.

EV Charging Solutions

offer a variety of EV charging products and services to Property Partners and EV drivers.

Charging Products

We offer Level 2 (AC) EV charging equipment, which is ideal for commercial and residential use, and has the standard J1772

Charging Solutions

We offer Level 2 (AC) EV charging equipment, which is ideal for commercial and residential use, that has the standard J1772

connector, which is compatible with all major auto manufacturer electric vehicle models.

Our commercial equipment is available

in pedestal or wall mount configurations, with the ability to connect to our Blink Network.

Our non-networked residential product,

Blink HQ, is available in a wall-mount configuration and offers a delay start feature that allows users to optimize charging when

utility rates are lowest.

Our commercial Level 2 chargers consist

of the IQ 200 family which is available in pedestal wall mount and pole mount configurations.

The IQ 200 family provides an optional

cable management system with the ability to connect to our Blink Network.

Our non-networked residential product, Blink HQ 150, is

available in a wall-mount configuration and offers a delay start feature that allows users to optimize charging when utility rates

Level 2 charging stations typically provide a full charge in two to eight hours.

Level 2 chargers are

ideally suited for low-cost installations and frequently used parking locations, such as workplace, multifamily residential, retail

and mixed-use, parking garages, municipalities, colleges/schools, hospitals and airports.

have enhanced our current Level 2 equipment line by offering a new generation of EV charging equipment.

Blink’s latest generation

of EV charging equipment offers a modern, stylish appearance, the versatility of both wall and pedestal configurations, and peer-to-peer

architecture, which provides the ability to support a single primary charger and multiple secondary chargers.

Additionally, the

new generation of our EV charging hardware considerably reduces the current standard charging times within the industry and adds

new network features, including near-field communication (NFC) payment capabilities.

In addition, advanced energy management features

have been added including Automated Demand Response 2.0 compliance, local load management, and ability to add features via remote

firmware upgrades.

The DC Fast Charging equipment (“DCFC”) currently has the ‘CHAdeMo’

connector, which is compatible

with Nissan, Kia and Tesla electric vehicle models (additional models may be potentially available in the future), and typically

provides an 80% charge in less than 30 minutes.

Installation of DCFC stations and grid requirements are typically greater

than Level 2 charging stations and are ideally suited for transportation hubs and locations between travel destinations.

Blink’s

Level 2 chargers are ideally suited

for low-cost installations and frequently used parking locations, such as workplace, multifamily residential, retail and mixed-use,

parking garages, municipalities, colleges/schools, hospitals and airports.

January 2022, we announced the next generation of Level 2 chargers to enhance our offering for the residential and the Fleet multifamily

residential markets.

The HQ 200 Basic is a non-networked residential product and the HQ 200 Smart is a networked residential product.

The MQ 200 product is an ideal product for the Fleet and multifamily residential markets.

Blink offers the IQ 200-M Level 2 charger for the mobile/emergency charging market which requires a portable charger

to be used for roadside or other use cases where a connection to the electricity grid is not available.

In January 2022, Blink launched its advertising and charging solution in one product.

This product, Vision IQ 200,

consists of static and dynamic advertising and Level 2 charge targeted at the retail, hospitality and high traffic locations.

Blink offers a complete line of DC Fast Charging equipment (“DCFC”) that range from 50kW to 175kW, support the ‘CHAdeMo’

and the CCS1 connector, and typically provide an 80% charge in less than 30 minutes.

Installation of DCFC stations and grid requirements

are typically greater than Level 2 charging stations and are ideally suited for transportation hubs and locations between travel

destinations.

rapid expansion into DCFC sites is supported by reseller type relationships with all the major equipment manufacturers globally.

This assures Blink access to the best-in-class equipment for each specific requirement, allowing Blink to provide the best

possible charging solutions for its customers.

The third-party DCFC’s operate on the Blink Network as all of our other

The third-party equipment currently operating on Blink’s network include ABB, BTC, Signet, and Tritium.

2020, Blink introduced three new products and accessories for our innovative IQ 200 charging station.

These products included

a pole mounting kit, cable management solution, and the IQ 250-EU European-focused charger.

Blink launched a portable emergency

Further, Blink invested in technology, updating the Blink Network and associated product technology, such as Open

ADR 2.0 and local load management.

Blink overhauled its website and mobile app with a streamlined, modern, and intuitive design.

The Company launched research and development of fast charging stations with battery storage with Chakratec after being awarded

the BIRD grant in 2019.

The Company undertook continued utilization of the patented inductive/wireless charging bumper and entered

into a strategic master development and production agreement with SG Blocks to design and bring to market solar, off-grid, modular

EV charging solutions.

This assures Blink access to the best-in-class equipment for each specific requirement, allowing Blink to provide the best possible

charging solutions for its customers.

The third-party DCFC’s operate on the Blink Network as all of our other products.

third-party equipment currently operating on Blink’s network include ABB, BTC, Signet, and Tritium.

International

Blink offers Level 2 AC and DC products for the international markets targeted at the residential, workplace, retail,

parking garages, leasing companies, hospitality and other locations requiring a Level 2 or a DC Fast charger.

These products are

available with the Type 2 and CCS 2 connectors.

Blink Network is a cloud-based product that manages our network of EV chargers for remote monitoring, management,

payment processing, customer support and other features required for operating the Blink network of EV charging locations.

Blink offers mobile apps (iOS and Android) for EV drivers to signup, locate, charge and pay at the EV chargers.

In January 2022, Blink announced the Fleet Management Portal targeted at commercial, municipal and federal fleets

that are interested in electrifying their fleets for planning, managing, and optimizing their fleets for departure and energy

Advantages/Operational Strengths

Contracts with Property Owners.

We have strategic and often long-term agreements with location exclusivity with Property

Partners across numerous transit/destination locations, including airports, car dealers, healthcare/medical, hotels, mixed-use,

municipal locations, multifamily residential and condo, parks and recreation areas, parking lots, religious institutions, restaurants,

retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

We have hundreds of

Property Partners that include well-recognized companies, large municipalities and local businesses.

Representative examples are

City of Miami Beach, City of Chula Vista, City of Phoenix, City of Portland, University of San Diego, Ohlone College, ACE Parking,

Icon Parking, SP+ Parking, iPark, LAZ Parking, Reef Parking, IKEA, Federal Realty, Equity Residential, Related Group, Johnson

& Johnson, Kaiser Permanente, Blessing Healthcare, Sony Pictures Entertainment, Starbucks, JBG Associates, Kroger Company,

Fred Meyer Stores, Inc., Fry’s Food & Drug, Inc., Raising Cane’s, McDonald’s, Carl’s Jr., Burger King,

and Ralphs Grocery Company.

We continue to establish new contracts with Property Partners that previously secured our services

independently or had contracts with the EV service providers that we acquired in the past.

We have strategic and often long-term agreements with location exclusivity with Property Partners

across numerous transit/destination locations, including airports, car dealers, healthcare/medical, hotels, mixed-use, municipal locations,

multifamily residential and condo, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools

and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

Property Partners include well-recognized companies,

large municipalities and local businesses.

Representative examples are City of Miami Beach, City of Chula Vista, City of Phoenix, City

of Portland, University of San Diego, Ohlone College, ACE Parking, Icon Parking, SP+ Parking, iPark, LAZ Parking, Reef Parking, Federal

Realty, Equity Residential, Related Group, Johnson & Johnson, Kaiser Permanente, Blessing Healthcare, Sony Pictures Entertainment,

Starbucks, JBG Associates, Kroger Company, Fred Meyer Stores, Inc., Fry’s Food & Drug, Inc., Raising Cane’s, McDonald’s,

Carl’s Jr., Burger King, and Ralphs Grocery Company.

We continue to establish new contracts with Property Partners that previously

secured our services independently or had contracts with the EV service providers that we acquired in the past.

Differentiated

but Flexible Business Models.

We own, operate and supply proprietary electric vehicle (“EV”) charging equipment

and networked EV charging services.

We believe that our ability to flexibly provide various business models, including a comprehensive

turnkey solution, to Property Partners and leverage our technology to meet both Property Partners’

and EV drivers’

needs provides a competitive advantage in addition to more compelling long-term growth opportunities than possible through equipment

We own, operate and supply proprietary electric vehicle charging equipment and networked EV charging

We believe that our ability to flexibly provide various business models, including a comprehensive turnkey solution, to Property

Partners and leverage our technology to meet both Property Partners’ and EV drivers’ needs provides us competitive advantage

in addition to more compelling long-term growth opportunities than possible through equipment sales only.

and Control of EV Charging Stations and Services.

We own a large percentage of our stations, which is a significant differentiation

between us and some of our primary competitors.

This ownership model allows us to control the settings and pricing for our EV

charging services, service the equipment as necessary, and have more effective brand management and price uniformity.

stations that we do not own, we are using our best efforts to encourage their owners to keep the stations operating and, in some

cases, to replace faulty stations with our new charging stations equipment.

We own a large percentage of our charging stations, which is a significant

differentiation between us and some of our primary competitors.

This ownership model allows us to control the settings and pricing for

our EV charging services, service the equipment as necessary, and have more effective brand management and price uniformity.

stations that we do not own, we are using our best efforts to encourage their owners to keep the stations operating in good order and,

in some cases, to replace faulty stations with our new charging stations equipment.

with Products and Services of Other EV Charging Service Providers.

From our early days and through our acquisitions, we

have had the experience of owning and operating EV charging equipment provided by other EV charging service providers, including

General Electric, ChargePoint, and SemaConnect.

This experience has provided us with the working knowledge of other equipment

manufacturers’

From our early days and through our acquisitions, we have

had the experience of owning and operating EV charging equipment manufactured by other EV charging service providers, including General

Electric, ChargePoint, and SemaConnect.

This experience has provided us with the working knowledge of other equipment manufacturers’

benefits and drawbacks and their applicable EV charging networks.

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objective is to continue becoming a leading provider of EV charging solutions by deploying mass-scale EV charging infrastructure.

By doing so, we aim to enable the accelerated growth of EV adoption and the EV industry.

Key elements of our strategy include:

Strategic Opportunities to Expand Blink-Owned Turnkey and Hybrid Model.

We have structured our business to identify

and pursue opportunities to develop Blink’s owner and operator business model with locations with potential high utilization,

where grant monies are available, and where we can realize long-term benefit for the EV charging location and establish long-term

recurring revenue relationships.

doing so, we aim to enable the accelerated growth of EV adoption and the EV industry.

Key elements of our growth strategy include:

Strategic Opportunities to Expand Blink-Owned Turnkey and Hybrid Models.

We have structured our business to identify and

pursue opportunities to develop Blink’s owner and operator business model with locations with potential high utilization, where

grant monies are available, and where we can realize long-term benefit for the EV charging location and establish long-term recurring

revenue relationships.

Focus on Customer Satisfaction.

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and EV drivers by upgrading and expanding the EV charging footprint throughout high-demand, high-density geographic areas.

Another objective is to improve productivity and utilization of existing EV charging stations and enhance the valuable features

of our EV charging station hardware and the Blink Network.

objective is to improve productivity and utilization of existing EV charging stations and enhance the valuable features of our EV

charging station hardware and the Blink Network.

to Invest in Technology Innovations .

We will continue to enhance the product offerings available in our EV charging

hardware, cloud-based software, and networking capability.

This includes the design and launch of our next generation of EV

charging solutions, including accelerating the charge currents currently available in EV charging hardware and new, robust

Blink Network features to distance ourselves from the competition.

Our key service solutions allow us to remain technology

agnostic so that, if market conditions shift, we have the option to leverage pure-play hardware providers to augment our products.

We will continue to enhance the product offerings available in our EV charging hardware,

cloud-based software, and networking capability.

This includes the design and launch of our next generation of EV charging solutions,

including accelerating the charge currents currently available in EV charging hardware and new, robust Blink Network features to

stay ahead of the competition.

Our key service solutions allow us to remain technology agnostic so that, if market conditions shift,

we have the option to leverage pure-play hardware providers to augment our products.

In 2021, we opened a new office near New Delhi,

The new office in India is the first within the country for Blink and is part of the Company’s strategic goal to grow

the global engineering team and develop an operational hub to facilitate expansion into new international regions.

and Support our Human Capital.

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training, and retaining key personnel has been and will remain critical to our success.

To achieve our human capital goals,

we intend to stay focused on providing our personnel with entrepreneurial opportunities to expand our business within their

areas of expertise.

We will also continue to provide our personnel with personal and professional growth opportunities, including

additional training, performance-based incentives such as opportunities for stock ownership, and other competitive benefits.

To achieve our human capital goals, we intend

to stay focused on providing our personnel with entrepreneurial opportunities to expand our business within their areas of expertise.

We will also continue to provide our personnel with personal and professional growth opportunities, including additional training,

performance-based incentives such as opportunities for stock ownership, and other competitive benefits.

Sales and Marketing Resources.

We intend to invest in sales and marketing infrastructure to capitalize on the growth

in the market and expand our go-to-market strategy.

Today, we use a direct sales force, as well as resellers, and will continue

expanding through the use of independent sales agents, utilities, solar distributors, contractors, automotive manufacturers

We intend to invest in sales and marketing infrastructure to capitalize on the growth in the

market and expand our go-to-market strategy.

Today, we use a direct sales force, as well as resellers, and will continue expanding

through the use of independent sales agents, utilities, solar distributors, contractors, automotive manufacturers and dealers.

Strategic Acquisition Opportunities.

We seek domestic and international acquisition opportunities which will allow

us to expeditiously expand our footprint of EV charging station locations, product offerings, and enhance our Blink Network.

We seek domestic and international acquisition opportunities which will allow us to

expeditiously expand our footprint of EV charging station locations, product offerings, and enhance our Blink Network.

Our Early Mover Advantage.

We continue to leverage our extensive and defendable first-mover advantage and the digital

customer experience we have created for both EV drivers and Property Partners.

We believe that tens of thousands of Blink

driver registrants appreciate the value of transacting charging sessions on an established, robust network experience.

chargers are deployed across the United States, and the tendency, among users, is to stay within one consistent network for

expansion on any given property.

We continue to leverage our extensive and defendable first-mover advantage and the digital customer

experience we have created for both EV drivers and Property Partners.

We believe that tens of thousands of Blink driver registrants

appreciate the value of transacting charging sessions on an established, robust network.

Blink chargers are deployed across the United

States, and the tendency, among users, is to stay within one consistent network.

Appropriately

Capitalize Our Business.

We continue to pursue new potential capital sources to deliver critical operational objectives

and the necessary resources to execute our overall strategy.

The EV charging industry as a whole is undercapitalized to deliver

the full potential of the expected EV market growth in the near future.

We expect to retain our leadership position with new

growth capital as required.

Blink’s

in-house field sales force builds and maintains long-term business relationships with our Property Partners for our four business

Our team identifies locations that will successfully pair with each business model, in particular prioritizing Blink-owned

turnkey and hybrid models where there’s an opportunity to create long-term, recurring value and for the Property Partner

and Blink, respectively.

The sales team develops new near-term and long-term opportunities with potential site hosts through relationship

building, lead generation and nurturing, and marketing.

The in-house sales team is supplemented with key strategic reseller agreements.

These resellers are utilized to sell our EV charging hardware, software services (connectivity to Blink Network), and service

plans to strategic site hosts and in specific locations.

We also sell residential Level 2 chargers through various internet channels,

such as Amazon, Lowes.com, and other online retailers, to further reach the single-family residential charging market in the United

in-house staff performs marketing.

Our marketing team works to promote and sell our services to property owners and managers,

parking companies, and EV drivers.

We also utilize marketing and communication channels, including press releases, email marketing,

website ( www.blinkcharging.com ), pay-per-click advertising, social media marketing, webinars, sponsorships and partnerships,

We continue to pursue new potential capital sources to deliver critical operational objectives and

the necessary resources to execute our overall strategy.

The EV charging industry as a whole is undercapitalized to deliver the full

potential of the expected EV market growth in the near future.

We expect to retain our leadership position with new growth capital

International Expansion.

2021, the Company, through its wholly owned subsidiary in the Netherlands, Blink Holdings, B.V., closed on the acquisition from the

shareholders of Blue Corner NV, a Belgian company (“Blue Corner”), of all of the outstanding capital stock of Blue Corner.

Headquartered in Belgium, with sales representative offices in several other European cities, Blue Corner owns and operates an EV

charging network across Europe.

The acquisition of Blue Corner was made to enter the European market and provide an opportunity to

expand the Company’s footprint in this region.

As a key contributor to the expanding EV landscape, we are continuously looking

for opportunities to strategically increase our global assets while also making EV charging more accessible.

International expansion

is fundamental to our rapid growth and will accelerate the success we are already achieving in the region.

sales organization builds and maintains long-term business relationships with our customers by utilizing our four core business models.

These business models provide a high degree of flexibility to match host location goals and objectives for EV charging with our industry-leading

equipment acquisition solutions.

Our team identifies locations that have the potential to create long-term, recurring value for the Property

Partner and Blink.

Sales personnel are able to pivot to traditional equipment sales or charging-as-a-service models when, and if, a location

is not identified as a promising generator of future recurring revenues.

The team strives to maintain a balance between equipment sales

that grow revenue today, and site locations that have potential to generate strong revenues in the future under our owner-operator business

also engages with strategic reseller partners across a range of vertical markets both within the U.S.

and globally.

These resellers typically

have unique relationships or capabilities within their respective markets and provide Blink with additional sales opportunities.

resellers amplify Blink’s sales reach and are authorized to sell our EV charging hardware, software services (connectivity to Blink

Network), and extended warranty service plans, to strategic site hosts and in specific locations.

is making further inroads into the residential charging station market where we sell Level 2 chargers through various internet channels,

such as Amazon, Walmart.com, Lowes.com, and other online retailers, to reach the single-family residential charging market in the United

2021, Blink awarded several new prominent customers including General Motors, Ford, Jaguar-Land Rover, Hyundai, Kia, Subaru, AutoNation,

Berkshire-Hathaway Automotive, Bridgestone, the City of San Antonio, the Related Group, and others.

During 2020, Blink awarded several

new prominent customers, including Cushman & Wakefield, Reef Technology, Lehigh Valley Health, St.

Luke’s University Health

Network, Lion Electric, and several others, that expand Blink’s potential for unit sales and deployments.

Commensurate with these

new business relationships, we also forged critical strategic relationships with organizations that directly or indirectly influence

EV charging station purchase decisions.

Examples include Sustainable Westchester in New York, and Clean Cities Organizations in Virginia,

Vermont and Ohio.

addition to adding sales personnel within key markets, we solidified our organizational structure through hiring talented business development

professionals and establishing a new account management team to onboard customers and maintain long-term relationships.

in-house staff performs a variety of marketing activities.

Our marketing team works to promote and sell our services to property owners

and managers, parking companies, and EV drivers.

We also utilize marketing and communication channels, including press releases, email

marketing, website (www.blinkcharging.com), pay-per-click advertising, social media marketing, webinars, sponsorships and partnerships,

advertising, and conferences.

Our websites’

information is not, and will not be deemed, a part of this Annual Report or

incorporated into any other filings we make with the SEC.

2020, Blink significantly expanded its sales and business development capabilities, which resulted in an acceleration of unit

sales and deployments in the second half of the year.

Some highlights from the year include:

a new head of sales,

three distinct sales regions in the U.S.

to better target consumers, and

the number of salespeople from six to fifteen.

this expansion, we won several new prominent customers, including Cushman & Wakefield, Reef Technology, Lehigh Valley Health,

Luke’s University Health Network, Lion Electric, and several others, that expand Blink’s potential for unit sales

and deployments.

Commensurate with these new business relationships, we also forged critical strategic relationships with organizations

that directly or indirectly influence EV charging purchase decisions.

Examples include Sustainable Westchester, in New York, and

Clean Cities Organizations in Virginia, Vermont and Ohio.

continue to invest in improving our company-owned stations’

service and maintenance and those stations with service and

maintenance plans and expanding our cloud-based network capabilities.

We anticipate continuing to grow our revenues by (i) selling

our next generation of EV charging equipment to current as well as to new Property Partners, which includes airports, auto dealers,

healthcare/medical, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking

lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and

workplace locations, and (ii) expanding our sales channels to wholesale distributors, utilities, auto original equipment manufacturers

(“OEMs”), solar integrators, and dealers, which will include implementing EV charging station occupancy fees (after

charging is completed, fees for remaining connected to the charging station beyond an allotted grace period), and subscription

plans for EV drivers on our company-owned public charging locations.

Our websites’ information is not, and will not be deemed, a part of this Annual Report or incorporated

into any other filings we make with the SEC.

continue to invest in improving our company-owned stations’ service and maintenance and those stations with service and maintenance

plans and expanding our cloud-based network capabilities.

We anticipate continuing to grow our revenues by (i) selling our next generation

of EV charging equipment to current as well as to new Property Partners, which includes airports, auto dealers, healthcare/medical, hotels,

mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions,

restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations, and (ii) expanding

our sales channels to wholesale distributors, utilities, auto original equipment manufacturers (“OEMs”), solar integrators,

and dealers, which will include implementing EV charging station occupancy fees (after charging is completed, fees for remaining connected

to the charging station beyond an allotted grace period), and subscription plans for EV drivers on our company-owned public charging

Customers and Partners

have strategic partnerships across numerous transit/destination locations, including airports, auto dealers, healthcare/medical,

hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious

institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

We have hundreds of Property Partners that include well-recognized companies, large municipalities, and local businesses.

with all Blink-owned turnkey and hybrid property partners with exclusive long-term contracts for EV charging at their locations

further supporting our owner and operator model to generate long-term recurring value and revenue for both the Property Partner

Representative examples are McDonald’s, Sony Pictures, Caltrans, Porsche Design Tower, City of Azusa, City of

Chula Vista, City of Springfield, City of Tucson, Federal Realty, Fred Meyer Stores, Inc., Fry’s Food & Drug, Inc.,

IKEA, JBG Associates, LLC, Kroger Company and Ralphs Grocery Company.

We continue to establish new contracts with Property Partners

that previously secured our services independently or had contracts with the EV services providers that we acquired, including

ECOtality, the former owner of the Blink-related assets.

revenues are primarily derived from fees charged to EV drivers for EV charging in public locations, EV charging hardware sales,

government grants, and sales of equipment warranties.

EV charging fees to EV drivers are based either on an hourly rate, or by

energy dispensed per kilowatt-hour (“kWh”), or by session.

They are calculated based on a variety of factors, including

associated station costs and local electricity tariffs.

EV charging hardware is sold to our Property Partners such as InterEnergy,

Green Commuter, IKEA, Nashville Music Center, Wendy’s, and other Property Partners engaged with our host-owned business

Other income sources from EV charging services are network fees, extended warranty fees, membership fees, and payment processing

fees paid by our Property Partners.

teamed up with Google Maps to make locating EV charging stations more straightforward and more accessible.

Google Maps has launched

a new capability that brings EV charging stations to its map.

As part of this effort, we have worked with the Google Maps team

to ensure our charging stations and relevant information about these stations are available to Google Map users on Android, iOS,

and desktops globally.

This is designed to quickly search for keywords such as “EV charging”

or “EV charging

stations”

to display the nearest supported stations.

Additional information such as the business where the station is located,

charging speed, and the quantities of ports available is expected to be accessible directly within the map in the future.

EV charging equipment and service market is highly competitive, and we expect the market to become increasingly competitive as

new entrants enter this growing market.

Our products and services compete on product performance and features, the total cost

of ownership, sales capabilities, financial stability, brand recognition, product reliability, and the installed base’s

Our existing competition currently includes ChargePoint, which manufactures EV charging equipment and operates the ChargePoint

Network, and EVgo, which offers home and public charging with pay-as-you-go and subscription models.

Other entrants into the connected

EV charging station equipment market, include companies like Volta, Clipper Creek, SemaCharge, and EVConnect.

We believe these

additional competitors struggle with gaining the necessary network traction but could gain momentum in the future.

does offer EV charging services, the connector type currently restricts the chargers to Tesla vehicles only.

Many other large

and small EV charging companies offer non-networked or “basic”

chargers that have limited customer leverage but could

provide a low-cost solution for basic charger needs in commercial and home locations.

competitive advantage includes our exclusive, long-term contracts with our Property Partners and our four flexible business models.

We offer both our EV charging station equipment and provide access to an established EV charging network.

However, many of our

current and expected future competitors have considerably greater financial and other resources and may leverage those resources

to compete effectively.

have strategic partnerships across numerous transit/destination locations, including airports, auto dealers, healthcare/medical, hotels,

mixed-use and municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions,

restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations.

We have hundreds

of Property Partners that include well-recognized companies, large municipalities, and local businesses.

We strive to engage all Blink-owned

turnkey and hybrid property partners with exclusive EV charging contracts.

This strategy further supports our owner-operator model to

generate recurring revenue for both the Property Partner and Blink.

Representative examples are McDonald’s, Sony Pictures, Caltrans,

Porsche Design Tower, City of Azusa, City of Chula Vista, City of Springfield, City of Tucson, Federal Realty, Fred Meyer Stores, Inc.,

Fry’s Food & Drug, Inc., JBG Associates, LLC, Kroger Company and Ralphs Grocery Company.

We continue to establish new contracts

with Property Partners that previously secured our services independently or had contracts with the EV services providers that we acquired,

including Ecotality, the former owner of the Blink-related assets.

revenues are primarily derived from fees charged to EV drivers for EV charging in public locations, EV charging hardware sales, government

grants, and sales of equipment warranties.

EV charging fees to drivers are based on an hourly rate, by energy dispensed per kilowatt-hour

(“kWh”), or by session.

Such fees are calculated based on various factors, including associated station costs and local electricity

EV charging hardware is sold to our Property Partners such as InterEnergy, Green Commuter, Nashville Music Center, Wendy’s,

and other Property Partners engaged with our host-owned business model.

Other income sources from EV charging services are network

fees, extended warranty fees, membership fees, and payment processing fees paid by our Property Partners.

Blink generates revenues

from its ride-sharing program through BlueLA and the City of Los Angeles which allows customers the ability to rent electric vehicles

through a subscription service.

teamed up with Google Maps to make locating EV charging stations straightforward and accessible.

Our charging stations are displayed

in Google Maps, along with other relevant information.

are focused on international expansion and have made significant progress in the last year at expanding our business across the globe,

focusing primarily on Europe, Israel, and Latin America.

In May 2021, we purchased the Belgian EV car charging company Blue Corner NV,

managed through our international holdings subsidiary, Blink Holdings BV in Amsterdam, the Netherlands.

Additionally, we utilize Blink

Charging Ltd.

for our expansion in Israel and Blink Hellas SA for our expansion in Greece.

We are in the process of incorporating numerous

subsidiaries in Latin America as we further concentrate our international efforts.

Finally, we established a new software development

team in India, managed by our subsidiary Blink Charging Software Solutions Ltd.

expanded our efforts on diversification, public service, and focus on renewable energy.

We established a new committee of the Board of

Directors, the Environmental, Social & Governance Committee (ESG), and adopted a new diversity statement.

Our Human Resources Department

led several successful climate initiatives throughout the year, including a cleanup of Miami Beach.

Although we are still primarily working

remotely and have not required employees to return to our new offices, our company culture is stronger than ever.

EV charging equipment and service market is highly competitive, and we expect the market to become increasingly competitive as new entrants

enter this growing market.

Our products and services compete on product performance and features, the total cost of ownership, sales

capabilities, financial stability, brand recognition, product reliability, and the installed base’s size.

Our existing competition

currently includes ChargePoint, which manufactures EV charging equipment and operates the ChargePoint Network, and Evgo, which offers

home and public charging with pay-as-you-go and subscription models.

Other entrants into the connected EV charging station equipment

market include Volta, Clipper Creek, SemaConnect, and EV Connect.

We believe these additional competitors struggle with gaining the necessary

network traction but could gain momentum in the future.

While Tesla does offer EV charging services, the connector type currently restricts

the chargers to Tesla vehicles only.

Many other EV charging companies offer non-networked or “basic” chargers with limited

customer leverage but could provide a low-cost solution for basic charger needs in commercial and home locations.

competitive advantage in this market includes our exclusive, long-term contracts with our Property Partners and flexible business models.

We offer our EV charging station equipment and provide access to a robust EV charging network.

has established a full-time dedicated team to identify and process federal and state funding opportunities for EV charging infrastructure

Blink is committed to pursuing EV charging development grant opportunities in all 50 states.

Sources of funding include

funding from the United States Department of Energy, the United States Department of Transportation, the VW mitigation settlement

trust fund, and funding initiatives from utility service providers.

Funding sources include the

United States Department of Energy, the United States Department of Transportation, the VW mitigation settlement trust fund, and funding

initiatives from utility service providers.

Regulation and Incentives

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requirements, inspection requirements, licensing of contractors, and certifications.

Compliance with such regulations may cause

installation delays.

we apply charging fees by the kWh for our services in states that permit this policy and hourly and by session for our services

in states that do not permit per kWh pricing.

California, Colorado, District of Columbia, Florida, Hawaii, Illinois, Maryland,

Massachusetts, Minnesota, New York, Oregon, Pennsylvania, Utah, Virginia, and Washington have determined that companies that sell

EV charging services to the public will not be regulated as utilities, allowing us to charge fees based on kWh usage.

These individual

state determinations are not binding on any other regulator or jurisdiction.

However, they demonstrate a trend in the way states

view the industry.

Other jurisdictions are in the process of adopting such reforms.

intend to continue to vigorously seek additional grants, loans, rebates, subsidies, and incentives as cost-effective means of

reducing our capital investment in the promotion, purchase and installation of charging stations where applicable.

We expect that

these incentives, rebates and tax credits will be critical to our future growth.

Additionally, some incentives are currently offered

to encourage electric vehicle adoption at the federal, state and local levels.

The Federal government provides a personal income

tax credit for qualified plug-in electric vehicles, with a minimum credit of $2,500, and a maximum of $7,500, depending on vehicle

weight and battery capacity.

Such credits begin to phase out when the vehicle manufacturer reaches certain production levels.

States such as California, Colorado, Delaware, Louisiana, Massachusetts, New York, and Rhode Island offer various rebates, grants,

and tax credits to incentivize EV and EVSE purchases.

a Conditionally Exempt Small Quantity Generator (“CESQG”), we generate a limited quantity of hazardous waste, mostly

solvent contaminated wipes transported to local solid waste facilities.

Scrapped electronic boards are transported to a local

Compliance with such regulations may cause installation

we apply charging fees by the kWh for our services in states that permit this policy and hourly and by session for our services in states

that do not permit per kWh pricing.

California, Colorado, District of Columbia, Florida, Hawaii, Illinois, Maryland, Massachusetts, Minnesota,

New York, Oregon, Pennsylvania, Utah, Virginia, and Washington have determined that companies that sell EV charging services to the public

will not be regulated as utilities, allowing us to charge fees based on kWh usage.

These individual state determinations are not binding

on any other regulator or jurisdiction.

However, they demonstrate a trend in the way states view the industry.

Other jurisdictions are

in the process of adopting such reforms.

intend to continue to vigorously seek additional grants, loans, rebates, subsidies, and incentives as cost-effective means of reducing

our capital investment in the promotion, purchase and installation of charging stations where applicable.

We expect these incentives,

rebates, and tax credits to be critical to our future growth.

Additionally, some incentives are currently offered to encourage electric

vehicle adoption at the federal, state and local levels.

The Federal government provides a personal income tax credit for qualified plug-in

electric vehicles, with a minimum credit of $2,500 and a maximum of $7,500, depending on vehicle weight and battery capacity.

begin to phase out when the vehicle manufacturer reaches certain production levels.

States such as California, Colorado, Delaware, Louisiana,

Massachusetts, New York, and Rhode Island offer various rebates, grants, and tax credits to incentivize EV and EVSE purchases.

a Conditionally Exempt Small Quantity Generator (“CESQG”), we generate a limited quantity of hazardous waste, mainly solvent

contaminated wipes, which are transported to local solid waste facilities.

Scrapped electronic boards are transported to a local recycler.

A CESQG of hazardous waste is defined as a generator that:

6 unchanged sentences

office safety, and hand-powered tools.

and Engineers - Only authorized persons (technicians and engineers) perform product testing and repair in the facility’s

and Engineers – Only authorized persons (technicians and engineers) perform product testing and repair in the facility’s

production and engineering areas, including those engineers involved in field service work.

Regulations include control of

hazardous energy and personal protective equipment.

Regulations include control of hazardous

energy and personal protective equipment.

– Includes forklift operations performed only by certified shipping/receiving personnel and material handling and storage.

are in full compliance with the general industry category’s environmental regulations applicable to us as a CESQG.

are subject to the Occupational Safety and Health Act of 1970, as amended (“OSHA”).

OSHA establishes specific employer

responsibilities, including maintaining a workplace free of recognized hazards likely to cause death or serious injury, compliance

with standards promulgated by the Occupational Safety and Health Administration and various recordkeeping, disclosure and procedural

requirements.

Multiple standards, including standards for notices of hazards, safety in excavation and demolition work and the

handling of asbestos, may apply to our operations.

fully comply with the general industry category’s environmental regulations applicable to us as a CESQG.

are subject to the Occupational Safety and Health Act of 1970, as amended (“OSHA”).

OSHA establishes specific employer responsibilities,

including maintaining a workplace free of recognized hazards likely to cause death or serious injury, compliance with standards promulgated

by the Occupational Safety and Health Administration and various recordkeeping, disclosure and procedural requirements.

Multiple standards,

including standards for notices of hazards, safety in excavation and demolition work and the handling of asbestos, may apply to our operations.

We are in full compliance with OSHA regulations.

National Electrical Manufacturers Association (“NEMA”) is the association of electrical equipment and medical imaging

manufacturers.

NEMA provides a forum for developing technical standards in the industry and users’

best interests, advocating

industry policies on legislative and regulatory matters, and collecting, analyzing, and disseminating industry data.

of our products comply with the NEMA standards that apply to such products.

National Electrical Manufacturers Association (“NEMA”) is the association of electrical equipment and medical imaging manufacturers.

NEMA provides a forum for developing technical standards in the industry and users’ best interests, advocating industry policies

on legislative and regulatory matters, and collecting, analyzing, and disseminating industry data.

All of our US products comply with

the NEMA standards that apply to such products.

rely on a combination of patent, trademark, copyright, unfair competition and trade secret laws, as well as confidentiality procedures

and contractual restrictions, to establish, maintain and protect our proprietary rights.

Our success depends in part upon our

ability to obtain and maintain proprietary protection for our products, technology and know-how, to operate without infringing

the proprietary rights of others, and to prevent others from infringing our proprietary rights.

Our success depends partly on our ability to

obtain and maintain proprietary protection for our products, technology and know-how, to operate without infringing the proprietary rights

of others, and to prevent others from infringing our proprietary rights.

of December 31, 2021, we had four active patents issued in the United States (in the name of our subsidiary Ecotality, Inc.).

These patents relate to various EV charging station designs.

We intend to regularly assess opportunities for seeking patent protection

for those aspects of our technology, designs and methodologies that we believe provide a meaningful competitive advantage.

our ability to do so may be limited until we can generate cash flow from operations to continue to invest in our intellectual

If we cannot do so, our ability to protect our intellectual property or prevent others from infringing our proprietary

rights may be impaired.

maintain our principal offices at 605 Lincoln Road, 5 th Floor, Miami Beach, Florida 33139.

Our telephone number is

(305) 521-0200.

Our website is www.blinkcharging.com.

We can be contacted by email at info@BlinkCharging.com.

Our website’s

information is not, and will not be deemed, a part of this Annual Report or incorporated into any other filings we make with the

These patents

relate to various EV charging station designs.

We intend to regularly assess opportunities for seeking patent protection for those aspects

of our technology, designs and methodologies that we believe provide a meaningful competitive advantage.

If we cannot do so, our ability

to protect our intellectual property or prevent others from infringing our proprietary rights may be impaired.

Capital Resources

experienced employees and management team are some of our most valuable resources, and we are committed to attracting, motivating,

and retaining top professionals.

experienced employees and management team are some of our most valuable resources, and we are committed to attracting, motivating, and

retaining top professionals.

As of December 31, 2021, we had 198 employees, including 191 full-time employees.

1 unchanged sentence

are represented by a union or covered by a collective bargaining agreement.

We have not experienced any work stoppages, and we

consider our relationship with our employees to be good.

We have not experienced any work stoppages, and we consider

our relationship with our employees to be good.

success is directly related to the satisfaction, growth, and development of our employees.

We strive to offer a work environment

where employee opinions are valued and allow our employees to use and augment their professional skills.

To achieve our human

capital goals, we intend to remain focused on providing our personnel with entrepreneurial opportunities to expand our business

within their areas of expertise and continue to provide our personnel with personal and professional growth.

Blink emphasizes

several measures and objectives in managing our human capital assets, including, among others, employee safety and wellness, talent

acquisition and retention, employee engagement, development and training, diversity and inclusion, and compensation and pay equity.

We strive to offer a work environment where

employee opinions are valued and allow our employees to use and augment their professional skills.

To achieve our human capital goals,

we intend to remain focused on providing our personnel with entrepreneurial opportunities to expand our business within their areas of

expertise and continue to provide our personnel with personal and professional growth.

Blink emphasizes several measures and objectives

in managing our human capital assets, including, among others, employee safety and wellness, talent acquisition and retention, employee

engagement, development and training, diversity and inclusion, and compensation and pay equity.

and Employee Safety and Wellness .

In response to the COVID-19 pandemic, we implemented significant changes that we determined

were in the best interest of our employees as well as the communities in which we operate.

These measures include allowing most

employees to work from home and implementing additional safety measures for employees continuing critical on-site work.

in supporting our employees’

health and well-being.

Our goal is to help employees make informed decisions about their health

by providing the tools and resources necessary to achieve a healthier lifestyle.

We offer our employees a wide array of benefits

such as life and health (medical, dental, and vision) insurance, paid time off and retirement benefits, as well as emotional well-being

services through our health insurance program.

In response to the COVID-19 pandemic, we implemented significant changes that we determined were

in the best interest of our employees as well as the communities in which we operate.

These measures include allowing most employees

to work from home and implementing additional safety measures for employees continuing critical on-site work.

We believe in supporting

our employees’ health and well-being.

Our goal is to help employees make informed decisions about their health by providing the

tools and resources necessary to achieve a healthier lifestyle.

We offer our employees a wide array of benefits such as life and health

(medical, dental, and vision) insurance, paid time off and retirement benefits, as well as emotional well-being services through our

health insurance program.

and Inclusion and Ethical Business Practices .

We believe that a company culture focused on diversity and inclusion is a crucial

driver of creativity and innovation.

We also believe that diverse and inclusive teams make better business decisions, ultimately

driving better business outcomes.

We are committed to recruiting, retaining, and developing high-performing, innovative and engaged

employees with diverse backgrounds and experiences.

This commitment includes providing equal access to, and participation in,

equal employment opportunities, programs, and services without regard to race, religion, color, national origin, disability, sex,

sexual orientation, gender identity, stereotypes, or assumptions based thereon.

We welcome and celebrate our teams’

experiences, and beliefs, and we are investing in a more engaged, diverse, and inclusive workforce.

also fosters a strong corporate culture that promotes high standards of ethics and compliance for our business, including policies

that set forth principles to guide employee, officer, director, and vendor conduct, such as our Code of Business Conduct and Ethics.

We also maintain a whistleblower policy and anonymous hotline for the confidential reporting of any suspected policy violations

or unethical business conduct on the part of our businesses, employees, officers, directors, or vendors.

We believe that a company culture focused on diversity and inclusion is a crucial driver

of creativity and innovation.

We also believe that diverse and inclusive teams make better business decisions, ultimately driving better

business outcomes.

We are committed to recruiting, retaining, and developing high-performing, innovative and engaged employees with diverse

backgrounds and experiences.

This commitment includes providing equal access to, and participation in, equal employment opportunities,

programs, and services without regard to race, religion, color, national origin, disability, sex, sexual orientation, gender identity,

stereotypes, or assumptions based thereon.

We welcome and celebrate our teams’ differences, experiences, and beliefs, and we are

investing in a more engaged, diverse, and inclusive workforce.

expanded our efforts on diversification, public service, and focus on renewable energy.

We established a new committee of the Board of

Directors, the Environmental, Social & Governance Committee (ESG), and adopted a new diversity statement.

Our Human Resources Department

led several successful climate initiatives throughout the year, including a cleanup of Miami Beach.

also fosters a strong corporate culture that promotes high standards of ethics and compliance for our business, including policies that

set forth principles to guide employee, officer, director, and vendor conduct, such as our Code of Business Conduct and Ethics.

maintain a whistleblower policy and anonymous hotline for the confidential reporting of any suspected policy violations or unethical

business conduct on the part of our businesses, employees, officers, directors, or vendors.

use our website www.blinkcharging.com.

Our website’s information is not, and will not be deemed, a part of this Annual Report

or incorporated into any other filings we make with the SEC.

Our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current

Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act are made

available on our website as soon as reasonably practicable after we electronically file such material with, or furnish it to, the SEC.

Our corporate governance documents, including our code of conduct and ethics, are also available on our website.

In this Annual Report

on Form 10-K, we incorporate by reference as identified herein certain information from parts of our proxy statement for our 2022 Annual

Meeting of Stockholders, which we will file with the SEC and will be available, free of charge, on our website.

Reports of our executive

officers, directors and any other persons required to file securities ownership reports under Section 16(a) of the Exchange Act are also

available on our website.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business