Blink Charging Co., which makes electric vehicle charging stations, is embarking on an expansion of its Bowie manufacturing facility that will grow its production capacity.
The Miami Beach, Florida, company (NASDAQ: BLNK) is investing $49 million to add 30,000 square feet to the 27,000-square-foot former SemaConnect Inc. facility. Blink bought SemaConnect and the property, 4961 Tesla Drive, for $200 million in 2022.
That will boost production of L2 Chargers — which recharge battery-electric or plug-in hybrid vehicles — from 10,000 a year to about 40,000. The expansion also will create 60 jobs.
The company declined to comment until its official announcement next week.
The Biden administration noted the $49 million investment in April when outlining public and private investments related the Inflation Reduction Act, which aims to deploy $7.5 billion to build out a national network of 500,000 EV chargers along U.S. highways and communities.
