Blink Charging Enhances Electric Vehicle Charging Accessibility at Columbia Center Tower in Downtown Seattle with Additional Charging Stations
August 14 2023 - 9:00AM
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, has
announced the installation of eight new EV charging stations at the
Columbia Center Tower in Seattle, Washington, the tallest office
tower in the state, to bring additional convenient and reliable EV
charging to tenants and visitors.
Initially, in 2015, the mixed-use commercial
property installed four Blink IQ 200 chargers for tenant use.
However, due to the increasing popularity of EVs, Columbia Center
Tower recognized the demands of their tenants by adding four more
chargers while replacing the existing models with updated
technology. All eight Level 2 chargers are now Blink-owned and
operating under a hybrid business model between the two
parties.
“Blink is proud to continue and expand our
service to Columbia Center Tower. We commend their forward-thinking
approach to enhance EV charging accessibility at this incredible
property,” said Mike Battaglia, Chief Revenue Officer for Blink
Charging. “Providing EV charging stations in the workplace is
crucial for advancing and adopting EVs everywhere and we hope other
property owners and managers will view them as positive
example.”
A study conducted by PWC indicates that the
“at-work” segment is projected to be the fastest-growing charging
segment, accounting for about 17% of the entire market (or about 6
million charge ports) by 2030i. The growing demand from employees
suggests that EV chargers will become increasingly common in
offices nationwide. Blink recognizes the significance of workplace
EV infrastructure in promoting overall EV adoption, particularly
for the estimated 30% of EV drivers who lack access to home
charging. By installing EV chargers, like the Blink IQ 200, on-site
at office buildings, companies contribute tothe growth of EV
infrastructure, enabling individuals and families to drive EVs
regardless of their residential charging accessibility. Research
conducted by US Department of Energy (DOE) indicates that employees
are six times more likely to purchase an EV when workplace charging
resources are provided.
###
About Blink ChargingBlink
Charging Co. (Nasdaq: BLNK), a leader in electric vehicle (EV)
charging equipment, has contracted, sold, or deployed nearly 73,000
charging ports worldwide, many of which are networked EV charging
stations, enabling EV drivers to easily charge at any of Blink’s
charging locations. Blink’s principal line of products and services
includes the Blink EV charging network (“Blink Network”), EV
charging equipment, EV charging services, and the products and
services of recent acquisitions, including SemaConnect, Blue
Corner, BlueLA and Envoy. 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 half of
passenger cars sold in the US by 2030, 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://www.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. 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 Jon Myers
PR@BlinkCharging.com 305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea IR@BlinkCharging.com 305-521-0200
ext. 446
i
https://www.pwc.com/us/en/industries/industrial-products/library/electric-vehicle-charging-market-growth.html
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