Blink Charging Surpasses 100,000 Charger Milestone
September 27 2024 - 8:15AM
Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a
leading global manufacturer, owner, operator and provider of
electric vehicle (EV) charging equipment and services, today
announced it has surpassed 100,000 chargers sold, deployed, or
contracted globally.
“We’re proud to reach this significant
accomplishment through dedicated pursuit of our mission to advance
the energy transition through Blink’s innovative charging
solutions,” said Brendan Jones, Blink’s President and CEO. “By
prioritizing, listening to, and understanding our customers’ needs
and expectations, we have learned to strategically tailor charger
placement and installation, so that the right charger is in the
right place at the right time for every EV driver.”
Jones added that Blink’s 100,000 charger
benchmark accomplishment is largely due to several factors,
including the Company’s turnkey model, which enables streamlined
project management from start to installation with Blink experts.
Blink has also placed a strong emphasis on ensuring charger uptime
by offering optional preventative maintenance care programs, such
as Blink Care.
Blink is offered as a vetted EV charging
products and services provider through several cooperative
contracts, streamlining access for state and local government
agencies, as well as education institutions, to develop and grow
their EV charging infrastructure. Earlier this year, Blink
announced the Company achieved “In Process” FedRamp® status to
provide cloud-based EV charging solutions across the U.S.
government.
“This landmark is truly a collaborative effort
shared among every member of the Blink team, each of our customers,
and the demand from the EV community, all of whom share Blink’s
vision to enable independence for all through the global
electrification of transportation,” said Mike Battaglia, Chief
Operating Officer and CEO-Elect at Blink. Battaglia, who is slated
to take up the mantle of CEO upon Brendan Jones’s retirement in
January 2025, added, “We’re inspired by the rapid advancement of EV
adoption and are motivated to provide the growing EV driver base
with another 100,000 fast, reliable, Blink chargers.”
###
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global
leader in electric vehicle (EV) charging equipment and services,
enabling drivers, hosts, and fleets to easily transition to
electric transportation through innovative charging solutions.
Blink’s principal line of products and services include Blink’s EV
charging network (“Blink Network”), EV charging equipment, and EV
charging services. The Blink Network uses proprietary, cloud-based
software that operates, maintains, and tracks the EV charging
stations connected to the network and the associated charging data.
Blink has established key strategic partnerships for rolling out
adoption across numerous location types, including parking
facilities, multifamily residences and condos, workplace locations,
health care/medical facilities, schools and universities, airports,
auto dealers, hotels, mixed-use municipal locations, parks and
recreation areas, religious institutions, restaurants, retailers,
stadiums, supermarkets, and transportation hubs.
For more information, please visit
https://blinkcharging.com/
Forward-Looking Statements
This press release contains forward-looking
statements as defined within Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These forward-looking statements, and terms such
as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or
other comparable terms, involve risks and uncertainties because
they relate to events and depend on circumstances that will occur
in the future. These statements include statements regarding the
intent, belief, or current expectations of Blink and members of its
management, as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, including the possibility that
its planned cost reduction actions will not result in the
operational efficiencies as anticipated by management and the risk
factors described in Blink’s periodic reports filed with the SEC
and that actual results may differ materially from those
contemplated by such forward-looking statements. Except as required
by federal securities law, Blink Charging undertakes no obligation
to update or revise forward-looking statements to reflect changed
conditions.
Blink Media Contact
Nipunika CoePR@BlinkCharging.com 305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea
IR@BlinkCharging.com 305-521-0200 ext. 446
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