afternoon good Michael, Thanks, and everyone. to
other about, the has quarter, side we If talked we the We're just strong Blink. of XX% or tap the leveraging a the CapEx in to the recently government entity across end last get typically covered we charging Alongside been attractive government and very and not EV it important infrastructure. quarter We're Michael driven by only Blink accomplished increase begin also to in Slide billion entities. EV able the for synergies increase the performance allow by X.X has by the did increased of will GBP are footprint its UK, public to and is into business to the the But a The charging in by and in solid number acquisition of unique Continental UK we SemaConnect. in of particularly financial Europe, the acquisitions UK, government is since it decade. fundamentals. This to to this, tenfold exciting XX Blue opportunities with business. for Corner model committed of with owner-operator us XXX,XXX going have to growth of its the the for Europe. of EV talk chargers charging EV by European commitment As especially for
about vision the unmatched both Blink. commercial vehicle and the software applications. another thousands flexibility. towards charging speed we smart global expenses, while to It ecosystem. revenue bring the and Blink portfolio say of hardware further chargers and that at to Now they enough market, enhancing And is comprehensive growth the and added acquisition our to talented the individuals SemaConnect industry users SemaConnect adding to synergy, brings step reduce our cannot of registered electric suite for lower and Blink cost, of creating solutions It leading retail knowledge
acquisition. have now look doubled transition this at through XX. our We If Slide essentially we headcount
to integration to management design customer better As with supply satisfy control And these It us the SemaConnect that key allow achieving broken world shortages, will and will the a to manufacturing. effectively margins. in-house contribute cost product vertical will multiple continues timeline in end-to-end chip demands. to industry-leading and chains delivering struggle for is
us that as key increased facility will in we well to future capacity. States, ramp-up get in believe also Bowie, by manufacturing compliant and India. leading America to SemaConnect’s the quality United in to as while become demand. facility allows capacity the particular, the manufacturing control the our in-house also be Same Maryland, applies In IP manufacturing to the We in
As be economies scale across of we leverage capabilities, will looking software combine board. we the in-house to our complementary and engineering
As fact, we it. a matter are already of doing
complementing team, X upgrading plan offerings. Level SemaConnect CES have synergies achieved Blink revenue product one opportunities to each customers it our comes network. at Blink revealed the reviews started from hand-in-hand and customers. The we this existing to have other's we chargers accessories new addressing includes year transitioning Our sales existing teams them great as flip If and to our new and when side, Slide on XX, hardware generation now the lead and to working
SemaConnect utilization revenue, high also a result, are the sold. chargers number looking incremental of at thus we increasing increase sites, hardware As to chargers each
and per model revenue the be believe besides we As charter both charging increasing reduction. leveraging new multiple it and relationship revenue, evaluate operating to in providing again, those side especially XX unit cost I a the with our And say of with hardware, each XX hybrid decrease synergies, and about that we looking this When we our cost We cost SemaConnect by avoidance we with low-cost from switch cost current thus capabilities site the option of LTV manufacturing to revenue reduction. with customers a is we'll be cost owners, to comes significant. cost ease the This expense plan owning to is to have opportunities optimization, situation, the approximately This a SemaConnect's will per reduction the costs. are customers targeted XX%. XX% who win-win on times. will believe a site. on
within and one-fourth leverage SemaConnect family sets to Regarding sales optimize or over deliver the the company last deployed the charter plan what talented last we skilled engineers employees to both SemaConnect welcome X,XXX across we to acquired the the have And the Blink's efforts Blink experience domestically to talent, one sales includes EV entire slide industry of month, XX excited complementary charges. Blink service semi employees today. we today. sold, team XX,XXX bringing the are contracted, also and skill scale not More service best with are than now, the our total but has quality definitely charters, connect inception, transition and members scale very over since international, and and to we organization. which to of count in least, highly to these customer If for
to leaders for a the healthy We've electric plan future. equally our significantly the of thought has very this comes Blink network total the increasing, to logos depth breadth verticals, see of well health vehicles can of States have speaks from SemaConnect United demand to as forecast into this infrastructure, numerous and mix communities kindly XX, expanded chargers earlier. When and optimistic, services. very looks well-respected we in steadily the global and XX% and deployed with contracts a and complexes, from won as the is and reputable and expect continue commercial is On slide quarter-over-quarter, North our abroad variety comprehensive you products a We of deployments chargers in portfolio with and company-wide outlined Consumer deployed it enterprises, XX% growth multifamily America in comprehensive complement internationally. Michael the care facilities, municipalities. of Blink. and multi-year list charging
overview over an to United to of opportunities stations Europe. our XX, customer tremendous locations the deployed throughout future. base gives key move in If our this near in grow seeing us we geographic slide and the States are we fact, In
can to portfolio with acquisition, targets. customer our significantly registered drivers over the expanded see, base you of within XXX,XXX SemaConnect has As our
software more and is in Blink in with will the was positive. for XXX-degree of to We we of slide have redesigned preparing customers the past management are app we on the Blue fleet achieved several be combination are offices locations building and MQXXX we fleet advanced app for this drivers and initial and a hardware. countries. based and Corner even launching mobile with hardware an our by combined to easier stack feedback which designed and Moreover, mobile is momentum quarter products launched across have used latest acquisition XX be accompanying advanced the tech five recent of provide the MQXXX The launched more and nine cloud we'll everyone, XX, Internationally, will and remind than EV ecosystem. entirely including launch countries, EV On application, operators. the make in charging. software Blink's exciting just charging XXXX, serving very
can excited are been the for Vision now about has designed seen slide the on be We as location, redesigned charger innovative which retail XX. completely
Overall, provides In HQXXX card the stay a home. is network addition X their even that, added to of pay also allow the chargers, which and to Series residential fully their the customers Blink allows capturing important, the within of charger that billion in family the of to will networked nationwide be is in in an several Blink million $X.X $XX to adoption expansion of XX, federal now the as overview infrastructure footprint. charging some our the billion, anticipated of the this has in aid state XXXX, by growth the infrastructure bill number historic and different of to grants We newly to markets. which and the for credit a XXXX customers And solutions fact, Since use as wins. building locations to have charging as in we an comprehensive numerous to $X.X fit If public needs effective portfolio have is, or estimated we our much this slide XX, slide which $XX.X tremendous January customers, now requirement service, opportunity of support a the flip electric shows capability now to of Xst, to for January retail to a awarded add go from includes different California. vehicles. public in to been one If organizations. we any this big used for with trillion private penetrate possible
and fleets others. from management Blue auto are large real to to suppliers to local working company Blink, SemaConnect, estate established of among a and close developments Our anywhere deals entertainment and business from develop firms development government and together many retail customers, to spectrum teams large and EB across Corner OEMs
contract side, any governmental Government awarded. with six government with as for installed CPP purchasing plan members July, of Council two in two terms will now successful the for contract and within favorable municipalities Illinois to be time purchasing -- organizations; be The of Region across the under products Northern the Also participants governments vendor’s members with will announced XXX over for Florida we with model charging examples and the CPP enable and save access All initial stations very, local we state Florida official excuse deployment January, charging in jurisdictions. of the in Northern organizations council EV local The recent our governments services of all, Blink's Illinois of in the we by Blink The Program and term to and of and Planning are of Program. electric charging power Purchasing performance to to direct up stations. Florida. agreements RX's agreement. to Sheriffs years reach negotiated the estimates Sheriffs announced X Cooperative has Cooperative providing quarter. equipment second XX On county an XX-plus Blink educational a its award helps Blink agencies our up leveraging pleased made EV Association participate buying Council with money in thousands available to with vendor me, as to Purchasing potential stations. vehicle agencies, them contract very Association
acquired and key base Our with to from best record SemaConnect plan. of manufacturing fundamentals product the acquisition as without billion doubled continue talent not are know-how to $X.X in positions industry, is the acquisitions. from some our only employee realizing strong, the we capabilities benefit in of the benefit grow but performance us transformational even the full size and The that QX, and We infrastructure Blink. for synergies recent financial delivered
the for quarter. Michael. turn blank. next to for I specific now of through it Rama, Michael And excited Go over CFO, our run to results for will are We the what's some ahead,
