Blink Charging Unveils First to Market Portable Emergency Electric Vehicle Charger
April 06 2020 - 9:15AM
Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner and operator of electric vehicle (EV)
charging equipment and services, announced the launch and immediate
availability of its innovative new mobile EV charging station. The
reliable, cost-effective, portable, and mobile EV charger is
designed to provide roadside assistance to Blink members and EV
drivers anywhere they may be.
“This new mobile charger is tremendously
innovative, and I’m excited for our Blink members and all EV
drivers to experience its ability to help them when they need a
charge the most,” shared Michael D. Farkas, Founder and Executive
Chairman of Blink. “Roadside assistance companies, insurance
companies, auto manufacturers, and even credit card companies offer
their members, customers, and cardholders roadside services. The
Blink mobile EV charging station provides yet another valuable
emergency service for its members and all EV drivers. This product
reaffirms to our members and investors that Blink is developing the
infrastructure needed to benefit the large number of EVs hitting
the streets, while also helping to offset concerns surrounding
range-anxiety for prospective EV drivers.”
The free-standing mobile EV charging station
supports 240-volt AC charging and provides up to 9.6kW of charge.
At this charging rate, the simple plug-in charging unit can deliver
up to 1 mile of charge per minute, allowing drivers to quickly
reach the nearest charging station or their homes. The unit is
compatible with all-electric vehicles, including all Tesla models.
The self-contained EV charger does not require installation and can
be purchased in either a networked or non-networked configuration.
The non-networked configuration allows roadside assistance
companies the opportunity to provide the EV charge as a part of
their standard services. The networked configuration enables EV
drivers to charge through their Blink account or pay for the
electricity received.
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, 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 ContactPR@BlinkCharging.com
Blink Investor Relations
ContactIR@BlinkCharging.com
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