EV Industry’s Leading News Source, InsideEVs.com, Praises Blink Charging’s Level 2 IQ 200 Electric Vehicle Charging Stati...
March 26 2020 - 3:14PM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) ("Blink" or the
"Company"), a leading owner and provider of electric vehicle (EV)
charging equipment and services, today cited the positive review of
Blink’s charging station equipment on the independent website
InsideEVs.com.
InsideEVs.com author, Tom Moloughney, a North
American EV specialist, detailed his experience using the 80-amp
Blink IQ 200 EV charging station. Covering topics from style and
durability to pricing for end-users and host locations, the
extensive review of the Blink charger indicates the equipment is
the right choice, even when compared with other electric vehicle
charging stations.
In his review, Moloughney remarked, "The Blink
IQ 200 looks like a solid contender to consider for a networked
public or semi-public charger. It's compact, powerful, and looks to
be durable. The 7" color touchscreen is responsive and clear to
read." He continued, "After using the Blink IQ 200 for a while,
we're comfortable recommending it for consideration to those
looking for public charging options past ChargePoint, GreenLots,
Enel X, and others. The Blink IQ 200 offers another reasonable
choice for those looking to provide EV charging for their tenants,
employees, and guests, and that's a good thing indeed."
Some of the key features Mr. Moloughney
highlighted in his extensive review of the Blink IQ 200 were its
load-sharing capabilities on a single 100 amp circuit. This
load-sharing capability for 2 to 20 units can significantly
increase the number of charging stations an apartment or workplace
environment can deploy, making them more accessible for more EV
drivers.
"The design of the IQ 200 stems from our
commitment to being a leading provider of green energy in the
transportation sector through owning and operating EV charging
infrastructure. We designed Blink equipment to combat planned
obsolesce common with other EV equipment, thereby reducing the need
for future upgrades as electric vehicle battery technology
improves," quoted Michael D. Farkas, Founder and Executive Chairman
of Blink.
Moloughney also commented on the speed of the
unit, outputting 80 amps, or nearly 20 kW of power, making it the
fastest Level 2 charging station on the market today. As identified
by Mr. Moloughney, the innovative design features of the Blink IQ
200 can have important implications for what IEA estimates could be
an estimated 250 million EVs on the road worldwide in 2030.
"We are excited to be recommended by Mr.
Moloughney and InsideEVs. It further validates what our host
locations and EV drivers are saying about the Blink IQ 200
equipment. It was our intent in the original design process to
ensure the IQ 200 would serve the industry, not just today, but in
the years to come also, as we wanted to enable our hosts and users
to choose the Blink IQ 200 confidently," remarked Michael D.
Farkas, Founder and Executive Chairman of Blink.
The review also discussed the variable pricing
within the EV industry, identifying that Blink's business models
have more reliable and consistent pricing across its EV charging
equipment. In contrast, the review concluded that competitors'
prices for EV drivers vary considerably.
The pricing consistency from Blink's equipment
is due to the Company's committed business model, which offers host
locations the ability to partner with the Company to deploy
equipment on a shared revenue model. This shared business model
attests to the Company's commitment to the long-term growth of the
industry. It also ideally positions the Company for long-term
success as the adoption of EVs exponentially grows.
The third-party review from InsideEVs.com can be
viewed here:
https://insideevs.com/news/405971/blink-iq200-electric-vehicle-charging-station-review/amp/
###
ABOUT BLINK CHARGING
Blink Charging Co. (NASDAQ: BLNK, BLNKW) is a
leader in electric vehicle (EV) charging equipment that has
deployed over 23,000 charging stations, many of which are networked
EV charging stations, enabling EV drivers to easily charge at any
of its charging locations worldwide. The Company’s principal line
of products and services is its Blink EV charging network (“Blink
Network”), EV charging equipment, and EV charging services. The
Blink Network utilizes a 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 ( Bloomberg.com, “China’s Hunger
for Electric Vehicles Is Driving Manufacturing, 2019), the Company
has established key strategic partnerships to rollout adoption
across numerous location types, including parking facilities,
multi-family residences and condos, workplace locations,
healthcare/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 PR@BlinkCharging.com
Blink Investor Relations Contact
IR@BlinkCharging.com
855-313-8187
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