Blink Charging Announces U.S. Distribution Agreement with Industry Leader Ingram Micro
February 17 2021 - 9:15AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner, operator, and provider of electric
vehicle (EV) charging equipment and services, announced today it
has entered into a U.S. reseller agreement with Ingram Micro Inc.,
a leading global distributor of information technology, cloud and
mobility products headquatered in Irvine, CA.
The agreement will enable Blink Charging to
market and sell its HQ 100 Residential EV charging station to
Ingram Micro’s expansive and growing U.S. retailer ecosystem.
“With more EVs than ever entering the American
markets in 2021, EV drivers will increasingly look for convenient
and reliable ways to charge at home. This reseller agreement with
Ingram Micro presents both companies with a unique opportunity to
expand their customer base and meet the goal of mainstream EV
adoption,” commented Brendan Jones, COO of Blink Charging. “While
this initial deal covers U.S. retailers, working with a company of
the worldwide reach of Ingram Micro may afford Blink Charging
potential opportunities to enter more international markets in the
future.”
“Ingram Micro is committed to sustainability and
providing products that enable EV adoption supports that mission,”
said Alexandra Harding, director, Vendor Management, Ingram Micro.
“We are pleased to welcome the Blink HQ 100 to our retail portfolio
and look forward to expanding on our relationship with Blink
Charging.”
The Blink HQ 100 Level 2 charging station is the
company’s residential Level 2 charging solution. Offering 30 amp
charging, which is six times faster than standard Level 1 charging
cables that come in new EVs, the HQ 100 is a fast, reliable and
affordable way to charge an EV from home.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a
leader in electric vehicle (EV) charging equipment and has deployed
over 23,000 charging stations, many of which are networked EV
charging stations, enabling EV drivers to easily charge at any of
the Company’s charging locations worldwide. Blink Charging’s
principal line of products and services include its Blink 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.
With global EV purchases forecasted to rise to 10 million by 2025
from approximately 2 million in 2019, the Company 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://www.blinkcharging.com/.
About Ingram Micro
Ingram Micro helps businesses realize the
promise of technology. It delivers a full spectrum of global
technology and supply chain services to businesses around the
world. Deep expertise in technology solutions, mobility, cloud, and
supply chain solutions enables its business partners to operate
efficiently and successfully in the markets they serve. Unrivaled
agility, deep market insights and the trust and dependability that
come from decades of proven relationships, set Ingram Micro apart
and ahead. Discover how Ingram Micro can help you realize the
promise of technology. More at www.ingrammicro.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, along with
terms such as “anticipate,” “expect,” “intend,” “may,” “will,”
“should,” and other comparable terms, involve risks and
uncertainties because they relate to events and depend on
circumstances that will occur in the future. Those statements
include statements regarding the intent, belief, or current
expectations of Blink Charging 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 those described in Blink
Charging’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 PR@BlinkCharging.com
Blink Investor Relations
Contact IR@BlinkCharging.com855-313-8187
WhiteFox Marketing Inc. Marie
Rourke marie@whitefoxpr.com714-292-2199
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