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 that
Brendan S. Jones has been promoted to the role of President and has
been added to Blink’s Board of Directors. Since Mr. Jones joined
Blink in April 2020 as the Company’s Chief Operating Officer, he
has successfully built the organization for future expansion.
Under Mr. Jones’ direction, Blink has
restructured its existing operations while focusing on growing the
team to meet future demand for EV charging infrastructure. During
his tenure, the Company has grown from 42 employees to over 100
with an additional 20 plus planned as EV adoption and
infrastructure demand accelerates.
Michael D. Farkas, Founder and Chief Executive
Officer of Blink, commented, "In the short time that Brendan has
been with Blink, he has made a tremendous impact. He has
streamlined our operations making them efficient and rapidly
scalable. He has been instrumental in expanding our sales and
marketing organization allowing us to aggressively pursue and
contract new locations to deploy our chargers. With more than 30
years of corporate and executive experience at automotive, OEM, and
EV charging companies, Brendan continues to make significant
strategic and operational contributions to our Company. His
leadership is demonstrated by the many partnerships and
relationships both commercial and governmental that he has been
responsible for securing in less than one year."
Blink's EV charging footprint is growing
exponentially. In Brendan's new role as President, I'm confident he
will continue to be an invaluable resource as we further accelerate
our progress in deploying EV infrastructure worldwide."
Mr. Jones commented, “This is a pivotal time for
Blink as we aggressively expand our EV charging footprint both
domestically and internationally with a focus on deploying our
owned and operated model with strategic partners like medical
centers, hotels, cinema companies and multi-resident apartment and
condominium buildings in highly trafficked areas. We are witnessing
dramatic growth in the EV industry and seeing a great deal of
interest in our products from a wide variety of potential partners.
This is an exciting time to be part of Blink as we establish
convenient, accessible EV charging infrastructure to support the
increasing numbers of EV drivers on the road.”
Brendan Jones joined Blink in April 2020,
following his role as COO at Electrify America, LLC, where he was
the very first employee and built the company from a startup into
one of the largest, ultrafast EV charging companies in the
world.
Prior to Electrify America, LLC, Mr. Jones was a
Board member and Vice President, OEM Strategy and Business
Development at EVgo and helped reposition the company from a single
subscriber revenue model to one with multi-million-dollar contracts
with automotive OEMs and established the foundational elements for
the rapid expansion of Fast Charger infrastructure in the U.S.
Mr. Jones previously spent 21 years from April
1994 and March 2014 at Nissan North America, the last six of which
were in senior management or director capacities. He was an
integral part of the team working on the Nissan LEAF, which he
helped develop into the top-selling battery electric vehicle of all
time. He earned a Bachelor of Arts degree and Master of Arts from
George Mason University. He has previously served on numerous
boards and EV industry committees.
The company’s Board of Directors is comprised of
industry-leading executives which have been selected for their
pivotal role in the accelerated growth of the company. Mr. Jones’s
addition to the Board joins existing members Michael D. Farkas, Don
Engel, Ritsaart van Montfrans, Louis Buffalino, Kenneth Marks, and
Jack Levine. Blink’s Board is now comprised of seven directors,
four of whom are independent.
###
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 vehicles
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, 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.
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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