Can EV Charger Networks Make Money? - Michael Farkas #4870

Published: Aug. 17, 2020, noon

Michael D. Farkas is the Founder, Executive Chairman and CEO of Blink Charging, an owner/operator in electric vehicle (EV) charging stations in the United States. Since 2009 Michael has led Blink as a driving force in the EV industry paving the way for growth and adoption of electric vehicles.  Prior to founding Blink, Michael has established a track record as a successful principal investor across a variety of industries including automotive, retail, telecommunications, agriculture, and aerospace. As the automobile industry experiences a significant shift to embrace alternative fuels and electric vehicles, an opportunity presents itself for business owners and operators to incorporate charging infrastructure at their properties. Michael outlines the EV market landscape conditions and expectations and discusses the advantages of various business models used when deploying EV infrastructure. But in the end, the question is, "Can Blink and other charging networks make money?" And that remains to be seen