Stay-at-Home Earth Day 2020 Highlights the Importance of an Electric Car Future
April 22 2020 - 9:00AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner and operator of electric vehicle (EV)
charging equipment and services, today celebrates Earth Day 2020
and the role EV technology plays in moving the world towards a
greener future.
“Today we honor Earth Day and the eco-friendly
lifestyle choices we make to protect our planet,” said Michael D.
Farkas, Founder and Executive Chairman of Blink.
“Blink was started to bring EV charging to
people everywhere on a scale that had never been seen in order to
drive us towards an all-electric future. Today, on the 50th
anniversary of Earth Day, we are proud of the progress we’ve made
and the work our team continues to do in service of a greener
tomorrow.”
“The dramatic increase in air quality that we’ve
seen during the COVID-19 pandemic, especially in urban areas such
as Los Angeles, Beijing, and Mexico City, is a result of fewer
gasoline-powered vehicles being on the road to emitting carbon
emissions into the atmosphere. With more people driving EVs, that
clean air doesn’t need to be a brief respite seen only during times
of crisis – it can become the new normal. With greater investment
from the government and private enterprise in building out EV
infrastructure, consumer knowledge and awareness of cleaner
transportation has never been higher. At Blink, we will continue to
seize that momentum in service of building a better, greener world
– for everyone.”
“Beyond the environmental advantages of driving
an EV, many industry advances are making it more compelling and
practical for consumers, too. In just the last 10 years, battery
prices have fallen 85%, making EV cars more affordable, battery
capacities have increased significantly to allow for increased
driving range, and fast Level 2 charging stations, such as Blink’s
80-amp charging station, have dramatically shortened the ‘fill-up’
time of an EV.”
Blink’s industry leading charging stations are
deployed across the United States and around the world, making EV
charging more accessible to more people than ever before. Combined
with the increased prevalence of electric cars on the market,
Blink’s charging infrastructure plays a key part in the gradual
replacement of gas-powered automobiles with electric ones.
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 Contact
PR@BlinkCharging.com
Blink Investor Relations
Contact IR@BlinkCharging.com855-313-8187
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