Blink Charging Awarded Statewide Charging Grant Across Vermont
February 23 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, today announced a
collaboration with the State of Vermont to deploy 11 new DC fast
chargers across the state in the next two years.
"We are excited to continue expanding our
footprint in New England and helping provide a robust network of DC
fast charging stations across Vermont,” commented Michael D.
Farkas, Founder and CEO of Blink Charging. “Once these stations are
deployed, nearly every Vermont citizen will be within 30 miles of
an EV fast-charging station. The stations will be strategically
placed across the state, creating a network that spans essentially
from the state’s southern border with Massachusetts to its northern
border with Canada. Vermont has already seen a huge increase in EV
registrations, so the time is right for Blink to help expand the
state’s EV charging infrastructure.”
For the Vermont EV charging station deployments,
the Company will work in collaboration with the Vermont Department
of Housing and Community Development (DHCD), Agency of Natural
Resources, the Agency of Transportation (AOT), the Public Service
Department, and the Department of Health. Blink will deploy IQ 200
Level 2 charging stations in the following Vermont locations:
Enosburgh, Fair Haven, Johnson, Ludlow, Newport, Randolph, Rutland,
South Hero, Springfield, St. Johnsbury, and Wilmington.
“Encouraging widespread adoption of EVs is core
to Blink’s mission, and this includes minimizing the barriers to EV
charging for all residents. In a state like Vermont that is already
accelerating EV adoption, the increase of the number of
available charging options will help grow public awareness. We
are committed to bringing affordable, convenient, and efficient
charging stations to the growing number of EV drivers,” Mr. Farkas
added.
The deployments of the 11 DC fast charging
stations throughout Vermont add to Blink Charging’s leadership in
the EV charging space and expands its presence across New England
and the Northeast. The Company’s collaboration with Vermont builds
on numerous other similar successful strategic partnerships the
Company has with cities and municipalities across the country. The
Company this month announced that it was named the official EV
infrastructure provider for San Antonio, Texas’ EVSA Program. Blink
also owns and operates a charging network and electric vehicle
sharing program in cooperation with the City of Los Angeles.
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ABOUT BLINK CHARGINGBlink
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/.
Forward-Looking StatementsThis
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
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