Blink Charging Applauds Bi-Partisan Letter from 12 Governors Calling for Regulatory Path to Accelerate Transition to Zero-Emi...
April 22 2021 - 2:35PM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) ("Blink" or the
"Company"), a leading owner, operator, and provider of electric
vehicle (E.V.) charging equipment and services, supports the call
for the establishment of a regulatory framework to enhance the
transition to zero-emission vehicles as presented in a letter
delivered to the Biden Administration in advance of today's White
House Climate Summit. The letter, signed by the Governors of:
California, Connecticut, Hawaii, Maine, Massachusetts, New Jersey,
New York, New Mexico, North Carolina, Oregon, Rhode Island and
Washington, calls for supportive federal policy to regulate and
accelerate the move to clean vehicles, and specifically asks for
the setting of standards to ensure that all new passenger cars and
light-duty trucks sold are zero-emission no later than 2035.
"The number of E.V.s on the road today
represents a small but growing percentage of the driving public,
and it is very exciting to see a bipartisan group of governors come
together to request a federal framework to accelerate E.V. adoption
and the establishment of E.V. infrastructure. As the White House
spotlights the environmental and climate challenges that face our
country and the world, it is fitting that these governors are
calling for a focus on clean transportation, whether passenger
cars, school buses, light duty trucks or entire fleets," remarked
Michael D. Farkas, CEO of Blink Charging.
"The transition to zero-emission vehicles will
not only result in cleaner air and promote the health of
communities across the U.S., this evolution also provides the
opportunity for job creation as car manufacturers pivot to
expanding their E.V. offerings. Also, electric vehicles can be run
on 100% domestically produced energy, lessening the U.S. dependence
on imported oil and creating quality energy sector jobs
domestically," said Farkas.
"As these Governors commit to a zero-emission
transportation future, Blink stands ready to provide fast,
reliable, and accessible charging infrastructure that will be
meeting. We look forward to making E.V. charging accessible and
that E.V. drivers can find convenient charging locations as they
travel the country," concluded Farkas.
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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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