RTTNews | Jan 18, 2022 10:31AM EST

10:31 Tuesday, January 18, 2022 (RTTNews.com) - Shares of electric vehicle charging equipment provider Blink Charging Co. (BLNK, BLNKW) are up 4 percent on Tuesday's trading after the company said that it was deploying EV chargers at General Motors (GM) dealerships in the U.S. and Canada.

The company said that it was collaborating with leading facility solutions provider ABM to supply IQ 200 Level 2 chargers to participating GM dealerships across North America.

Commenting on the deal, Michael D. Farkas, Founder & Chief Executive Officer, Blink Charging, said, ""We are proud to bring Blink's EV charging stations to GM dealerships, providing the vital infrastructure needed to charge GM's growing lineup of EV models. As transportation continues to shift towards becoming more electric, Blink's technologically advanced EV charging infrastructure will be a critical component of an automaker's ecosystem and will play a significant role in accelerating EV mass adoption."

Currently at $24.25, the stock has traded between $22.52 and $64.50 during the past 52 weeks.

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