How is Car Charging Group / Blink doing in your area?

[DaveinOlyWA]

First Blinks I've seen around here are showing up on the Greenlots app. Haven't been to one yet, but they're listed as $0.03 per every 30 seconds, ($3.60/hour)

for L2? wow, that is high

[GRA]

First Blinks I've seen around here are showing up on the Greenlots app. Haven't been to one yet, but they're listed as $0.03 per every 30 seconds, ($3.60/hour)

for L2? wow, that is high

Originally, Bay Area Blinks were $3.00/hr. People bitched because anyone with a 3.3 kW OBC got really hosed compared to those (FFE etc.) with 6.6s. Blink then changed to $0.49/kWh (member, $0.59/kWh guest) pricing which California allows, so everyone was still paying more than gas/mile, but being screwed equally.

[DNAinaGoodWay]

There's two locations in Cambridge MA, one is $0.03 per 30 seconds, the other is $0.59/kWh. Either way is allowed here now. Pricey, but I'd use the one at IKEA anyway.

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[cmwade77]

Honestly if I find a Blink station that is working, I am always a little worried about passing out from shock.....lol.

Seriously, they are that bad around here and we love to go to San Diego, which seems to have a love affair with Blink. They are the most expensive network and are the least reliable. I will go to EvGo over them, of course I have the $0.10 per minute DC Fast Charging plan still, which is still a little pricey, as it works out to $0.30 per kWh, of course the cheapest I can possibly get at home is $0.18 per kWh during the middle of the night, so there's that.

Luckily there are getting to be enough free stations around me that I can almost always hit 300+ miles before paying for a charge, my record so far is about 1,700 miles on $2.40, so not doing too bad even if the charge I pay for is a bit high.

[cwerdna]

I hope this isn't a repeat as I just noticed this noticed this.

Notice something odd about CCGI's latest quarter (ending Sept 30, 2017) at https://finance.yahoo.com/quote/CCGI/financials?p=CCGI? They had about $607K in revenue but over $93.6 million in loss?

https://finance.yahoo.com/news/blink-ch ... 18579.html didn't even bother pointing out the loss.

http://yahoo.brand.edgar-online.com/dis ... 53d1429764 seems to confirm this

Total revenue for the nine months ended September 30, 2017 was $1,735,493 compared to $2,459,496, a decline of $724,003,
...
Our net loss for the nine months ended September 30, 2017 increased by $91,979,407, or 1,005%, to $101,134,331 as compared to $9,154,924 for the nine months ended September 30, 2016.
...
We expect that through the next 12 months from the date of this filing, we will require external funding to sustain operations and to follow through on the execution of our business plan. There can be no assurance that our plans will materialize and/or that we will be successful in our efforts to obtain the funding to cover working capital shortfalls. Given these conditions, there is substantial doubt about our ability to continue as a going concern and our future is contingent upon our ability to secure the levels of debt or equity capital we need to meet our cash requirements. In addition, our ability to continue as a going concern must be considered in light of the problems, expenses and complications frequently encountered by entrants into established markets, the competitive environment in which we operate and the current capital raising environment.

[GRA]

I hope this isn't a repeat as I just noticed this noticed this.

Notice something odd about CCGI's latest quarter (ending Sept 30, 2017) at https://finance.yahoo.com/quote/CCGI/financials?p=CCGI? They had about $607K in revenue but over $93.6 million in loss?

I wonder if that's actually the end of their FY statement? Even so, you've got to wonder if someone moved a decimal place or two by accident.

[cwerdna]

I hope this isn't a repeat as I just noticed this noticed this.

Notice something odd about CCGI's latest quarter (ending Sept 30, 2017) at https://finance.yahoo.com/quote/CCGI/financials?p=CCGI? They had about $607K in revenue but over $93.6 million in loss?

I wonder if that's actually the end of their FY statement? Even so, you've got to wonder if someone moved a decimal place or two by accident.

From quickly glancing thru http://yahoo.brand.edgar-online.com/dis ... 53d1429764, it looks like the biggest "cost" or whatever was "Change in fair value of warrant liabilities". You can see that on page 4 of under For The Three Months Ended September 30, 2017.

[GRA]

I hope this isn't a repeat as I just noticed this noticed this.

Notice something odd about CCGI's latest quarter (ending Sept 30, 2017) at https://finance.yahoo.com/quote/CCGI/financials?p=CCGI? They had about $607K in revenue but over $93.6 million in loss?

I wonder if that's actually the end of their FY statement? Even so, you've got to wonder if someone moved a decimal place or two by accident.

From quickly glancing thru http://yahoo.brand.edgar-online.com/dis ... 53d1429764, it looks like the biggest "cost" or whatever was "Change in fair value of warrant liabilities". You can see that on page 4 of under For The Three Months Ended September 30, 2017.

I'll take your word on it. Reading financial statements is not something i do for fun

[cmwade77]

Honestly, Blink can't make money as their stations are always broken, so if no one can charge, they aren't getting paid. Really though, their cost is outrageously high.

[GRA]

Honestly, Blink can't make money as their stations are always broken, so if no one can charge, they aren't getting paid. Really though, their cost is outrageously high.

My closest L2s (10 at one site) are usually working; the lone QC there is variable - some months back somebody broke the emergency shut-off button off, and CCGI has 'repaired' it several times just by splicing the wires together and leaving them exposed The L2 are underused (I've never seen more than 4 of the 10 occupied) because they're so expensive. The QC costs $0.10/kWh more, but is faster so gets more use, and even that's very limited. I'm amazed they've lasted this long, even after picking up the remnants of Ecotality for something like $0.04 on the dollar.