as executing everyone. we tremendous EV provider afternoon, spoke. of the been leading quarter world. There's partnerships, and our acquisition our investor upgrading around in to a new Thank pandemic, a stations have adding since spite our In strategy grow joining of positioning made great and progress progress you of call. network, expanding the for Good us the further at charging Blink solid space third last and momentum Blink amount for we
$X.X last million, year's grew we months, million. XX% the For $X.X to exceeding total of revenue X
being and already. published us with $XXX,XXX, consensus outlier. more H.C. get estimate we about over a [ph], little other Roth. you're most with Our to know doing Wainwright, stop but below purely third quarter the estimate revenue sure Schwab the bit revenue in please the still than an analyst line due was revenue recently ATM
vehicles. a projecting staggering in will is method XXXX. than And will require CAGR XX% Insights by of of That of million we make of EV infrastructure a The the new few to of sight significant change charging EV rollout the on now demand sales I the primary infrastructure. Electric car XXXX is global XXXX. Guidehouse X.X provides transportation, that more quarter, more BloombergNEF's in to Blink a of number and transition EVs fast electric for transition. big sales it that into for expected Before to happening, as market, EV from XXXX, by be in According very positioned charging the Vehicle globally uniquely are playing companies leadership stations top also picture. Bloomberg projects is our laying capitalize anticipated for XX% through million to EVs long role over need $XXX of XXX,XXX and get make to to opportunity worldwide. by to and of keep want shift The a expects the XXXX XXXX. XXX Outlook EV in to positioned with groundwork we growth Bloomberg the value million sure anticipated is the for drivers front the XXXX in increased and is the better a Blink billion specifics over of in outlook passenger XX stations reach are which this continue will enormous,
our year the started advantage business take early our infrastructure see. in XXth We've to forecasted For and the in gratifying just Blink, and strategy landscape. space, rates pioneer carefully an over the these evolved business, we of this extremely are years, changing as adoption have to EV sharpened
So our tenets strategy. of key a few I important it's think to highlight
for solutions. host-owned a out customers choose deployment our have models and offer ability flexible not chargers our Blink-owned the globally. very believe In this size fit will multiple roll a solution help locations all, to right one them. developed our options most customers for offering and offering market, We that we attractive want we is developing First, and as to partners, us does secure both
Second, that to a and the fully many understand ChargePoint, important in of our of the chargers us, portion it also competitors, network. Blink is opportunity of our owns to as front in understand operates unlike such growing
and the buy charge, EV generate still of the pump. sell operator, the to the installation. pay we the digits an the model, what is the sell we from of significant from rather then single than EV revenue we as and recurring these a the sales owner and And in between realize each a for margin stream car of charger, low yet In don't the charging As is for. fuel for we what pump utilization stations percentage this total with it just time a we driver revenue the for fleets, commensurate electricity Because we charging. percentage
our is that given world great growth represents of we However, and still confidence the nascent model have a in owner-operator that build-out, growth solid stages infrastructure EV the opportunity.
Blink sales owners nature. from drive experience And our far our Our this as exceeds potential of of grow, long-term charging like Blink-owned contracts shareholders, value exclusive and equipment with which revenues transaction-based recurring utilization ChargePoint. will sticky in attractive solely our and stations our for the are property
and strategy is we aspect the charger operational chargers, our key fully technology. updated able and and the maintenance that with control is are another by Third, greatest operating owning can and own ensure latest to of our
X automobile host sold company In our off line are wheelhouse. their units lot, sometimes responsible Once charger do to This no degrade. in oversight maintaining they And Ford a Our rolled host-owned garages. not IQ what Level cars XXXs. important the third our cases, an this XX warranty their the not unfortunately, it's the combat their we station still been effect. there of available. support but we many owners this Audi host as like the quarter, -- But all sale. brand a the their or Think It's of is car to flexible This out business. car strengthen the to is unit. option that's the historically, of issue Level it. of an BMW not upgraded much in car is any entirely the infrastructure program on for and not improvement be or perception, equipment. part X to as maintaining even road our it would main the an is host-owned control much longer In do haven't perfectly upgrade our for sits once has able we they the when the maintained, It have love have And a stations as fine, do deployment times the sold vehicle. to models. in allow the to is is about charging strategic that is and charging that once is To installs, fastest main
In Blink-designed equipment, addition upgrades share host-owned with our multiyear enhancing of converting the to revenue Blink-owned partners many driver agreements. experience to are these
ensures So our the time we owner-operator someone because units benefit in field. model and it provides the and economic the attractive long-term uses each control for high-quality also recurring realize charger, economics every a
deploying most most with on the attractive are utilization. the potential currently positive focused locations most we in We can chargers the
sale, opportunity. being we commercially XX those of midst charging deployment of the we states and those which of deployed stations we chargers streams initiative made of of of keeping those revenue that the came acquisition we stations pay with from were to COVID, instantaneous our of as just for or part lot which Notably, of California for with of and across represented our Blink-owned the have installations. of to progress charging operated, XX% that XXX XX% During which infrastructure, were we quarter, the in the during investment these I means installation, Those stations a not wait XXX revenues. swaps do with when charging field pay over expanding acquisition in come. XXX upgrade the and network for XX BlueLA. sold equipment detailed, is generate first-generation our that
ban an our efforts of expand California during critical state Accordingly, as EV full will our internationally. recently of use XXX our force are and the its BlueLA, by XXXX. affirmed Newsom Only both to mentioned, which the to continue our just included footprint. EVs presence gas-powered A with strengthened to our ability I footprint vehicles personal announced lies we Governor to especially the have commitment our sales the announcement our and in of resources now and which chargers. sale efforts executive after quarter, point. These order our heighten to acquisition drive key an additional gasoline growth As more we from cars. domestically component of expand that new No
the despite very are our significantly we pandemic. have presence pleased to market increased So
Blink hard Finally, XXXX, created. most we're across to new experienced team. the We've March the knowledgeable newly positions XX working being with we've XX people hired organization, people attract Since added our are of and and These times company. to those positions at facility, very Miami our Beach, exciting several the and country. California at in our including technology our in Phoenix sales positions our sales headquarters across for industry the and
our Now review progress. you. COO, some Thank our I'll turn will of the call recent Brendan, to who over
