Blink Charging’s Electric Vehicle Charging Network Exceeds 125,000 Members
May 22 2018 - 9:15AM
Blink’s Cloud-Based System Increases 42%
Since 2017
Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the
“Company”), a leading electric vehicle (EV) charging station owner,
operator, and provider, announced the Company has crossed an
important growth milestone as its cloud-based Blink Network reached
more than 125,000 members, growing from 88,000 members since early
2017 resulting in growth of over 42%.
The Blink Network includes over 14,000 deployed
EV chargers nationwide. Publicly accessible chargers are available
for anyone to charge their cars, however Blink’s free membership
awards certain additional benefits, including discounted charging
fees, streamlined access to public EV charging stations, and a free
Blink InCard which can be used to pay for charging at Blink
stations. Both guests and members can use the Blink Mobile App to
locate Blink Chargers, and use it to choose from various payment
options as well.
“Anyone can use Blink Chargers without being a
member, so this milestone is a significant indicator of how many EV
drivers are active, committed, and engaged with the Blink Network,”
said Michael D. Farkas, Founder and Executive Chairman of Blink
Charging Co. “We are continuing to expand our robust network and
deliver on our promise to make EV charging accessible to drivers
wherever they may be going.”
Blink’s membership milestone was announced on
the heels of rapid EV charging station expansion throughout the
U.S. in both commercial and residential locations.
"It is mission critical to be visible and
accessible to drivers,” continued Mr. Farkas. “The industry has
reached a tipping point, and as drivers begin switching to EV,
property owners will be ready to service them.”
About Blink Charging
Co.:
Blink Charging (NASDAQ: BLNK,
BLNKW) is one of the leaders in nationwide public electric
vehicle (EV) charging equipment and services, enabling EV drivers
to easily charge at locations throughout the United States.
Headquartered in Florida with offices in Arizona and California,
Blink Charging’s business is designed to accelerate EV
adoption.
Blink Charging offers EV charging equipment and
connectivity to the Blink Network, a cloud-based software that
operates, manages, and tracks the Blink EV charging stations and
all the associated data. Blink Charging also owns and operates EV
charging equipment predominantly under the Blink brand, as well as
using a number of other charging station equipment manufacturers
such as ChargePoint, General Electric (GE) and SemaConnect. Blink
Charging has strategic property partners across multiple business
sectors including multifamily residential and commercial
properties, airports, colleges, municipalities, parking garages,
shopping malls, retail parking, schools, and workplaces.
For more information about Blink Charging,
please visit 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. By their
nature, forward-looking statements and forecasts involve risks and
uncertainties because they relate to events and depend on
circumstances that will occur in the near future. Those
statements include statements regarding the intent, belief or
current expectations of Blink Charging Co., 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, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed
conditions.
Blink Charging Media
Contact: |
Stephanie GoldmanMark
HavennerThe Pollack PR Marketing
Groupsgoldman@ppmgcorp.commhavenner@ppmgcorp.com(212) 601-9341 |
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